1. Managerial Accounting for Business Professionals ACC 330 UNIT 1 Dr. Doug Letsch I am online waiting for the live session to begin. If you have a general question, please ask it in the chat window. The only talking you will here is when I welcome someone who has just signed in. If you don’t hear me welcoming everyone, please adjust your speakers. Let me know if you have problems. Thanks, Dr. Doug

2. Contact Information Expectations Wiley Plus Instructions Intro to Managerial Accounting Questions

3. CONTACT INFORMATION I am here to help

4. CONTACT INFORMATION I am available at my office hours each Monday from 10am -11am (EST) in AIM Chat at DrDougLetsch@aim.com DrDougLetsch@aim.com At other times, please post all course related questions in the Virtual Office under Course Home. I always respond within 24 hours! If you have a special individual need, please call me at 903-638-0500 or send me an email.

5. EXPECTATIONSEXPECTATIONS 1.Discussions must be completed during week assigned –three posts on three different days 2.Everyone must participate in the two team assignments in units 3 and 4 3.Assignments must be submitted on time 4.Wiley Plus includes reviews and graded homework – complete everything in that area each week 5.Attend seminars and participate, or complete alternative assignment – I use pop questions. 6.If you are unsure of anything, ask, ask, & ask! The most important ingredient in success is YOU

6. GRADINGGRADING AssessmentsNumberPointsTotal Points Discussions620120 Teamwork22040 Assignments850400 Review820160 Seminar/Alternate Assignment915135 Professional Development Activity120 Final Exam180 Writing Assignment145 Total Points 1,000

7. WILEY PLUS How do we find these assigned problems?

10. MANAGERIAL ACCOUNTING An Introduction !

11. MANAGERIAL ACCOUNTING - DEFINED How would you define managerial accounting?

12. MANAGERIAL ACCOUNTING - DEFINED How would you define managerial accounting? Creation of reports, charts, or other data, prepared by inside managers for use by inside managers. Information comes from: Financial reports, Detailed efficiency data, Qualitative and Quantitative For the purpose of helping the company improve!

13. MANAGERIAL ACCOUNTING Applies to all types of business Applies to all forms of business For profit and Not for profit Used everywhere by everyone in business Please watch the first three minutes of this video and when you return, type done in the chat window. http://www.youtube.com/watch?v=S0Ojv3LZ0Bw

14. MANAGERIAL ACCOUNTING Without managerial accounting, business would not have the information they need to make informed decisions. What are some examples of managerial accounting reports?

15. MANAGERIAL ACCOUNTING How would you compare managerial accounting with financial accounting?

16. MANAGERIAL ACCOUNTING Here is a chart from your course materials

17. Managerial Accounting is used by a.Non Profit Entities b. For Profit Entities c. Inside Managers d. All of the above is correct Poll Question Select your answer on the poll question. Remember to get credit you must answer all poll questions during a session.

18. Managerial Accounting is used by a.Non Profit Entities b. For Profit Entities c. Inside Managers d. All of the above is correct Poll Question Select your answer on the poll question. Remember to get credit you must answer all poll questions during a session.

19. Are there any questions? Our next networking opportunity is Monday at 11am EST for the AIM Chat. See you there!