COVID-19 information and resources
Douglas College wordmark
Facebook logo Twitter logo Instagram logo Snapchat logo YouTube logo Wordpress logo
back to search

Introductory Managerial Accounting

Course Code: ACCT 2320
Faculty: Commerce & Business Administration
Department: Accounting
Credits: 3.0
Semester: 15 Weeks X 4 Hrs. per week = 60 Hrs
Learning Format: Lecture, Online, Hybrid
Typically Offered: Fall, Summer, Winter
course overview

This course introduces the student to cost and managerial accounting with an emphasis on decision making relating to pricing, product-mix, process and activity. Topics include: management accounting and strategy; types of costs and cost behaviour; job costing; process costing; activity- based costing; responsibility accounting; budgeting; variance analysis; cost-volume-profit analysis; decision making and relevant information; transfer pricing; customer profitability analysis; balanced scorecard, and competitive management methods.

Course Content

  1. The Changing Role of Managerial Accounting
  2. Basic Cost Management Concepts
  3. Product Costing and Cost Accumulation
  4. Process Costing and Hybrid Product-Costing Systems
  5. Activity-Based Costing
  6. Activity Analysis, Cost Behaviour, and Cost Estimation
  7. Cost-Volume-Profit Analysis
  8. Absorption and Variable Costing
  9. Profit Planning and Activity-Based Budgeting
  10. Standard Costing,  Flexible Budgeting and Variances
  11. Cost Management Tools
  12. Responsibility Accounting, Investment Centres, and Transfer Pricing
  13. Decision Making Relevant Costs and Benefits

Methods of Instruction

Lectures and/or on-line 

Means of Assessment


Assignments and/or Tests and/or Case Analysis  25%
Midterm Examination   35%
Comprehensive Final Examination  


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(s) and the final exam.

Learning Outcomes

At the end of the course, the successful student should be able to attain the following learning outcomes:

  1. Understand the factors that affect the design of management control systems
  2. Allocate and evaluate product or service costs of an enterprise applying various costing systems
  3. Examine the impact of product costing on pricing decisions
  4. Identify various ways costs are classified and determined; and how information needs and constraints  affect the decision making process
  5. Develop a master budget system, and understand the elements of control and related behavioural implications
  6. Understand and explain the importance of professional ethics, corporate social responsibility, and corporate governance as factors in the long-term success of organizations

course prerequisites

(ACCT 1110 with a grade of C or better OR ACCT 1235 with a grade of C or better)


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

  • No corequisite courses


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

  • No equivalency courses

curriculum 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 schedule and availability
course transferability

Below shows how this course and its credits transfer within the BC transfer system. 

A course is considered university-transferable (UT) if it transfers to at least one of the five research universities in British Columbia: University of British Columbia; University of British Columbia-Okanagan; Simon Fraser University; University of Victoria; and the University of Northern British Columbia.

For more information on transfer visit the BC Transfer Guide and BCCAT websites.


If your course prerequisites indicate that you need an assessment, please see our Assessment page for more information.