ACCT 2202 Principles of Accounting II 3 credits.

Continuation of ACCT 2201 addressing long-term debt and stockholders’ equity, followed by an introduction to management and cost accounting with emphasis on short-term decision making.

Required Texts:

Managerial Accounting, Garrison & Noreen, 10th edition, Irwin McGraw Hill


ACCT 2201, Math 1143, or their equivalents

Course Objectives:

Students who apply themselves diligently in this class should

  • learn the differences between financial and managerial accounting and the role of accounting in the business world and decision making
  • learn the basics of managerial accounting and how it is used as a toolbox to assist in the internal decision making processes of the firm
  • develop critical thinking, computer, and other related skills

General Class Procedures

This class will make use of intentional learning attributes and will be oriented to classroom discussions. Students should be actively, not passively, involved in the learning process. As such, the instructor will play a smaller role in explaining textbook materials to students. Hence, "lectures" presented may not directly correspond to assigned reading. Effective and efficient use of classroom time aims at expanding, reinforcing, and clarifying what the student has tried to learn on an individual or group basis before entering the classroom. Optimal learning is achieved by (a) wholehearted preparation via studying the assigned readings and solving the assigned problems or cases; (b) discussion of the material by the students and teacher in class; and (c) the instructor's underscoring of the most important points via comments or short lectures. Homework problems assigned should be worked on an individual basis first. Answers may then be compared with those of others in your class. Differences should be resolved prior to class. Problems should be ready to be turned in at the beginning of the class period to which they are assigned. Keep all problems for a chapter until we have finished coverage of that chapter.


Grades will be largely, but not entirely, based upon total points accumulated on exams, quizzes, and class presentations throughout the semester. Quizzes will consist of randomly called for homework problems and/or supplemental unannounced problems. Students may be called upon to present their solution to a problem to the class. Subjectivity will enter the grading process. Thus, high points alone will not guarantee an "A" grade. Other items considered will be class attendance, attitude, participation, homework, etc. No homework will be accepted late regardless of the reason.

Make-Up Exams

No make-up exams will be given. A substitute score based on a comprehensive final examination may be entered for the missed midterm, but only if the written permission of the instructor is secured prior to the time of the scheduled midterm exam. A valid reason must exist for missing a midterm. You must take the final exam.

Miscellaneous Items

Please keep up. What you put into the class will largely determine what you get out of it. Homework can be frustrating (particularly in the field of accounting) but it is the key to mastering the subject material. No withdrawal petitions will be signed after the drop date unless your grade is at least a "C". Final Exams will NOT be given prior to their scheduled date so please don't ask to take a final exam early.

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