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Intermediate Managerial Accounting

Course Code: ACCT 3420
Faculty: Commerce & Business Administration
Department: Accounting
Credits: 3.0
Semester: 15 Weeks X 4 Hours per week = 60 Hours
Learning Format: Lecture, Seminar
Typically Offered: Fall, Summer, Winter
course overview

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%


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.

course prerequisites

ACCT 2320 with a grade of C or better

OR currently active in the PDD Accounting program.

Recommended: ENGL 1130 or CMNS 1115 or CMNS 2115 with a minimum 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.

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