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 Of Instruction
Lecture
Seminar
Typically Offered
Fall
Summer
Winter
Campus
Online

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
Methods Of Instruction

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.

 

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 the PDD Accounting program)

AND

(ENGL 1130 or CMNS 1115 with a minimum grade of C OR currently active in any PDD/PBD program)

Corequisites

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

  • No corequisite courses

Equivalencies

No equivalent courses.

Requisite for

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

Institution Transfer Details Effective Dates
Athabasca University (AU) AU ACCT 3XX (3); DOUG ACCT 2320 (3) & DOUG ACCT 3420 (3) = AU ACCT 355 (3) & AU ACCT 2XX (3) 2014/01/01 to -
Capilano University (CAPU) CAPU BFIN 342 (3) 2013/01/01 to -
Kwantlen Polytechnic University (KPU) KPU ACCT 3420 (3) 2013/01/01 to 2019/08/31
Langara College (LANG) LANG FMGT 2294 (3) 2013/01/01 to -
North Island College (NIC) NIC BUS 318 (3) 2018/01/01 to -
Simon Fraser University (SFU) SFU BUS 2XX (3) 2013/01/01 to -
Thompson Rivers University (TRU) TRU BBUS 2540 (3) 2012/09/01 to -
University of British Columbia - Vancouver (UBCV) UBCV COMM 2nd (3) 2013/01/01 to -
University of Northern BC (UNBC) UNBC COMM 211 (3) 2013/01/01 to -
University of the Fraser Valley (UFV) UFV BUS 348 (3) 2013/01/01 to -
University of Victoria (UVIC) UVIC COM 3XX (1.5) 2013/01/01 to -

Course Offerings

Fall 2020

CRN
Days
Dates
Start Date
End Date
Instructor
Status
Location
34535
Thu
08-Sep-2020
- 07-Dec-2020
08-Sep-2020
07-Dec-2020
Eisenberg
Gunter
Full
Online
This course will include synchronous on-line activities. Students should plan to be available on-line at scheduled course times.
Max
Enrolled
Remaining
Waitlist
35
38
-3
0
Days
Building
Room
Time
Thu
12:30 - 15:20
CRN
Days
Dates
Start Date
End Date
Instructor
Status
Location
34536
Wed
08-Sep-2020
- 07-Dec-2020
08-Sep-2020
07-Dec-2020
Eisenberg
Gunter
Full
Online
This course will include synchronous on-line activities. Students should plan to be available on-line at scheduled course times.
Max
Enrolled
Remaining
Waitlist
35
38
-3
0
Days
Building
Room
Time
Wed
18:30 - 21:20
CRN
Days
Dates
Start Date
End Date
Instructor
Status
Location
35353
Tue
08-Sep-2020
- 07-Dec-2020
08-Sep-2020
07-Dec-2020
Eisenberg
Gunter
Full
Online
This course will include synchronous on-line activities. Students should plan to be available on-line at scheduled course times.
Max
Enrolled
Remaining
Waitlist
35
36
-1
0
Days
Building
Room
Time
Tue
12:30 - 15:20