Course

Intermediate Managerial Accounting

Faculty
Commerce & Business Administration
Department
Accounting
Course Code
ACCT 3420
Credits
3.00
Semester Length
15 Weeks X 4 Hours per week = 60 Hours
Max Class Size
35
Method(s) Of Instruction
Lecture
Seminar
Course Designation
None
Industry Designation
CPA,PEP
Typically Offered
Fall
Summer
Winter

Overview

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.
Course Content
  1. Strategy, balanced scorecard, and strategic profitability analysis
  2. Cost allocation methods and their effects on performance evaluation and decision making
  3. Variable, absorption costing, and throughput costing methods including the effects of denominator activity on inventory valuation
  4. Accounting applications for various costing systems
  5. Process costing: fifo and weighted average methods
  6. The calculation, accounting, and analysis, of cost and revenue variances, including mix variances
  7. Cost management: quality, time, and theory of constraints
  8. Inventory and supply chain management including EOQ, JIT, and backflush costing
  9. Performance measurement, compensation, and multinational considerations
  10. Quantitative analysis of cost functions
  11. Accounting for spoilage, rework, and scrap
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:

  1. Demonstrate the use of alternative systems and techniques to furnish management information in more complex operational settings;
  2. Develop, analyze and use appropriate data for management decision-making and control purposes given a variety of business operating scenarios;
  3. Apply case analysis to business situations involving higher level decision making and information requirements;
  4. 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

Requisites

Prerequisites

(ACCT 2320 with a minimum grade of C)

OR currently active in: 
PDD Accounting


AND


(ENGL 1130 or CMNS 1115 with a minimum grade of C)

OR currently active in one of the following:
PBD Accounting
PBD Accounting & Finance
PBD Finance
PBD in Comp Studies & Info Systems
PDD Accounting
PDD Accounting Studies
PDD Data Analytics
PDD Emerging Technology
PDD Financial Analysis
PDD Financial Planning

 

 

 

Corequisites

Courses listed here must be completed either prior to or simultaneously with this course:

  • No corequisite courses

Equivalencies

Courses listed here are equivalent to this course and cannot be taken for further credit:

  • No equivalency courses

Course Guidelines

Course Guidelines for previous years are viewable by selecting the version desired. If you took this course and do not see a listing for the starting semester / year of the course, consider the previous version as the applicable version.

Course Transfers

These are for current course guidelines only. For a full list of archived courses please see https://www.bctransferguide.ca

Institution Transfer Details for ACCT 3420
Athabasca University (AU) DOUG ACCT 2320 (3) & DOUG ACCT 3420 (3) = AU ACCT 2XX (3) & AU ACCT 355 (3)
Athabasca University (AU) AU ACCT 3XX (3)
Camosun College (CAMO) CAMO ACCT 320 (3)
Capilano University (CAPU) CAPU BFIN 342 (3)
Langara College (LANG) LANG FMGT 2294 (3)
North Island College (NIC) NIC BUS 318 (3)
Simon Fraser University (SFU) SFU BUS 2XX (3)
Thompson Rivers University (TRU) TRU ACCT 3250 (3)
University Canada West (UCW) UCW ACCT 4XX (3)
University of British Columbia - Vancouver (UBCV) UBCV COMM 2nd (3)
University of Northern BC (UNBC) UNBC COMM 211 (3)
University of the Fraser Valley (UFV) UFV BUS 348 (3)
University of Victoria (UVIC) UVIC COM 3XX (1.5)

Course Offerings

Winter 2023

CRN
Days
Dates
Start Date
End Date
Instructor
Status
CRN
14594
Tue
Start Date
-
End Date
Start Date
End Date
Instructor Last Name
Mauger
Instructor First Name
Shirley
Course Status
Open
Max
Enrolled
Remaining
Waitlist
Max Seats Count
35
Actual Seats Count
29
6
Actual Wait Count
0
Days
Building
Room
Time
Tue
Building
New Westminster - North Bldg.
Room
N4360
Start Time
18:30
-
End Time
21:20
CRN
Days
Dates
Start Date
End Date
Instructor
Status
CRN
14600
Fri
Start Date
-
End Date
Start Date
End Date
Instructor Last Name
Mauger
Instructor First Name
Shirley
Course Status
Open
Max
Enrolled
Remaining
Waitlist
Max Seats Count
35
Actual Seats Count
18
17
Actual Wait Count
0
Days
Building
Room
Time
Fri
Building
New Westminster - North Bldg.
Room
N4308
Start Time
12:30
-
End Time
15:20
CRN
Days
Dates
Start Date
End Date
Instructor
Status
CRN
16426
Tue
Start Date
-
End Date
Start Date
End Date
Instructor Last Name
Mauger
Instructor First Name
Shirley
Course Status
Waitlist
Max
Enrolled
Remaining
Waitlist
Max Seats Count
30
Actual Seats Count
30
0
Actual Wait Count
3
Days
Building
Room
Time
Tue
Building
New Westminster - North Bldg.
Room
N4219
Start Time
12:30
-
End Time
15:20