|
Course
Objective:
The main emphasis of managerial accounting is on the
analysis and presentation of accounting data for use
by internal decision makers. Accounting information
can be used to identify and analyze alternatives and
to guide the manager to a course of action that will
yield the greatest benefit to the firm.
The objective of this managerial accounting course
is to familiarize you with the requisite technical
skills and analytical tools for problem solving in
this internal environment. Homework assignments and
class discussions will help you to develop these skills,
and sort cases will acquaint you with “real-world”
situations.
Prerequisites
: Financial Accounting
Required Textbook:
Managerial Accounting – Creating Value in a Dynamic
Business Environment,
(Fifth Edition - International Edition, Ronald W.
Hilton, McGraw-Hill, 2002)
Course
Organization
Lectures:
Attendance is mandatory. UNYT’s Policy
is, if a student is absent for more than 20% of the
course (i.e. 11 hrs.) then a grade of ‘F’ will automatically
be awarded. An excused absence must be discussed with
the instructor before (when possible) the lecture
session to be missed, or immediately upon the student’s
return to the following class session.
The
class lecture sessions are an integral part of the
student’s learning experience and are essential for
the students to obtain a mastery of the course material.
Grading
: Your
grade will be based on the following table:
|
Assignments
& appropriate participation. |
20
% |
|
2
Midterm Exams |
30
% |
|
Final
Exam |
30 % |
|
In-class
presentation |
20 % |
|
TOTAL
POINTS: |
100
% |
There
are no make-up or grade-improvement projects available
in this class. It is necessary that you take all three
exams in order to receive a grade in this course.
In no case, will a make-up exam be given prior to
exam days, and only in very rare instances
will a make-up exam be allowed after a mid-term exam.
There is no make-up exam for the Final Exam.
Problems with this schedule should be brought to the
attention of your instructor the first day of classes.
The mid-term exams will last 2 hours each and the
Final Exam will last 3 hours. No class will be held
on examination days.
Academic
Integrity:
Cheating in any form or manner cannot and will not
be condoned and it will result in an automatic grade
of ‘F’ for the course.
All students are encouraged to review the college’s
code of academic integrity and to conduct themselves
in a fashion which leaves their individual integrity
beyond reproach. “ Cheating “ on examinations is neither
fair to other students, nor to the students who employs
this method to obtain a higher grade. Though grades
take on a great deal of importance for many students,
it is a mastery of the course material which will
be most beneficial in the long run.
Your grade will be based on the following table:
| A |
96-100 |
|
C |
73-76 |
| A- |
90-95 |
|
C- |
70-72 |
| B+ |
87-89 |
|
D+ |
67-69 |
| B |
83-86 |
|
D |
63-66 |
| B- |
80-82 |
|
D- |
60-62 |
| C+ |
77-79 |
|
F |
0-59 |
Web-site
Resources and Problems:
http://highered.mcgraw-hill.com/sites/0072394668/
TENTATIVE
SCHEDULE *
|
Week |
Chapter |
TOPIC |
Homework
for collection |
Cases
for Group Work |
|
1 |
1 |
Overview |
Ex.
1-21 |
Issue
1-29 |
|
2 |
2 |
Basic
Cost Management Concepts and Accounting for
Mass Customization Operations |
Pr.
2-41 & 2-47 |
|
|
3 |
3 |
Product
Costing and Cost Accumulation in a Batch Production
Environment |
Ex.
3-28, Pr. 3-44 & Pr. 3-46 |
Pr.
Elements page 15 |
|
|
|
MID-TERM
I |
|
|
|
4 |
4 |
Process
costing and hybrid costing systems |
Pr.
4-27 & Pr. 4-34 |
|
|
4 |
5 |
Introduction
to ABC Costing |
Pr.
5-39 |
|
|
5 |
7 |
Activity
Analysis, Cost behavior and Cost estimation |
Pr.
7-34, Pr. 7-35 & 7-43 |
|
|
6 |
8 |
Cost-Volume-Profit analysis |
Ex.
8-25, Pr. 8-34, 8-46 |
|
|
7 |
8 |
Operating
Leverage |
Ex.
8-30 & Pr. 8-42 |
|
|
|
|
MID-TERM
II |
|
|
|
8 |
9 |
Profit
Planning, Activity-Based Budgeting, and e-Budgeting
|
Ex
9-12 |
|
|
9 |
9 |
Budgeting,
profit planning and control systems |
Ex.
9-22 |
|
|
10 |
9A |
Inventory
Management (EOQ model) |
Ex.
9-32 & 9-33 Pr. 9-44 |
|
|
11 |
10 |
Standard
Costing and Performance measures |
Ex.
10-28 &
Pr.
10-41 |
|
|
12 |
11 |
Flexible
budgets and overhead cost control |
Ex.
11-22 &
Pr.
11-34 |
|
|
13 |
14 |
Decision
making: Relevant costs & benefits |
Pr.
14-45 |
|
|
14 |
16 |
Capital
Expenditure Decisions |
Pr.
16 -25 |
|
|
|
|
FINAL
EXAM |
|
|
*
The instructor reserves the right to make appropriate
alterations to the above tentative schedule.
|
