Course Description
This course expands on introductory management accounting topics and introduces new subject matter within the context of decision making. The student will learn alternative systems, processes, and analytical techniques used in managing and controlling business operations. Topics include: the strategic context for management accounting; cost allocation methods and their effects on decision making; alternative methods and accounting applications for various costing systems; in depth cost and revenue variance analysis; cost management of quality; the theory of constraints; quantitative analysis of cost functions; supply chain and inventory management.
Learning Activities
Lectures, demonstration, and discussion combined with written and computerized exercises in problem-solving activities. In addition, students will be required to use a team approach in the oral presentation of solutions to discussion questions and case analyses.
Means of Assessment
| Assignments and/or tests and case(s) |
30% |
| Midterm examination |
30% |
| Comprehensive final examination |
40% |
| |
100% |
STUDENTS MUST WRITE BOTH THE MIDTERM EXAMINATION AND THE FINAL EXAMINATION TO OBTAIN CREDIT FOR THE COURSE.
To pass this course, students must obtain a minimum of 50% on invigilated assessments with the 50% calculated on a weighted average basis.
Invigilated assessments include, in-class quizzes, in-class tests, midterm exam and the final exam.
Students may conduct research as part of their coursework in this class. Instructors for the course are responsible for ensuring that student research projects comply with College policies on ethical conduct for research involving humans, which can require obtaining Informed Consent from participants and getting the approval of the Douglas College Research Ethics Board prior to conducting the research.
Learning Outcomes
At the end of the course, the successful student should be able to:
- Demonstrate the use of alternative systems and techniques to furnish management information in more complex operational settings;
- Develop, analyze and use appropriate data for management decision-making and control purposes given a variety of business operating scenarios;
- Apply case analysis to business situations involving higher level decision making and information requirements;
- Demonstrate the ability to work cooperatively in a group setting.
Textbook Materials
Textbooks and Materials to be Purchased by Students
Datar et al, Horngren's Cost Accounting: A Managerial Emphasis, latest edition. Pearson Education; or, other text(s) as approved by the ACCT Dept.
Instructor compiled materials (if applicable).
On-line cases to be purchased by student (if applicable), to be determined by instructor.
Only Faculty of Commerce and Business Administration approved calculators may be used for tests and examinations