EXECUTIVE MBA PROGRAM, SUMMER, 2014

BRAC BUSINESS SCHOOL

BRAC UNIVERSITY
Course Title: Accounting for Managers (ACT 701)
Course Instructor:

Mohammad Nazmul Islam

Associate Professor (IBA-Jahangirnagar University)

Contact Phone: 01716-431626 (From 9:00 PM to 11:00 PM)

Email: bulbul_ju@yahoo.com
Group Link: http://groups.yahoo.com/group/bracunivact701/files/

Text
The main textbook is Weygandt, Jerry J, Donald E. Kieso and Paul D. Kimmel.
Accounting Principles. 10th ed. USA: John Wiley and Sons, Inc. 2011. and
Garrison,

Ray

H.,

Eric

W.

Noreen

and

Peter

C.

Brewer.

Managerial

Accounting. 13th ed. NY: McGraw-Hill, 2010. These books will give you detail
understanding on various concepts of financial and managerial accounting with cases
and illustrations.
Lectures
Chapter title

Chapter

Accounting in Action (Keiso)

The Recoding Process (Keiso)
Adjusting the Accounts (Keiso)
Completion of the Accounting Cycle (Keiso)
Accounting for Merchandising Operations (Keiso)
Inventories (Keiso)
Plant Asset, Natural Resources and Intangible Assets
(Keiso)
Standardization of Financial Statement and Ratio
Analysis (Keiso)
Cost Behavior Analysis and
Cost-Volume-Profit Relationship (Garrison)

Chapter
Chapter
Chapter
Chapter
Chapter
Chapter
Chapter

Statement of Cash Flows (Keiso)

1
2
3
4
5
6
10

Approxim
ate
Duration
WEEK 1
WEEK 2,3
WEEK 4
WEEK 5
WEEK 6, 7
WEEK 8
WEEK 9

Chapter 18

WEEK 10

Chapter 5
Chapter 6

WEEK 11,
12

Chapter 17

WEEK 12

Purpose of the Course

This is a foundation course for the MBA level to give an understanding about the
Accounting for Managers: Course Outline

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application of accounting in the business environment. The course is structured with a

combination of financial and managerial accounting, with a focus on the methods which
could be applicable for decision making purpose. In addition to that a student will have a
sound understanding of the finanancial accounting procedure as well as few concepts
which could be applicable for managerial decision making. This course will focus on
applied aspects of financial and managerial accounting for the beginners and mid level
with illustrations which may help the students to understand applicability in the present
business arena. The specific course objectives are:
1.

To focus on basics of financial and managerial accounting.

2.

To introduce the students with recording different entries, adjustments, income

statement and statement of financial position(Balance sheet) of financial accounting.

3.

To focus on other basic concepts like merchandising operations, inventory

management and depreciation concepts with a concentration of financial statement
analysis. These are very much applicable in the day to day business operation.

4.

This course also covered few basic concepts for managerial decision making like cost
volume profit analysis. These concepts are very vital for taking decision in the
current business arena.

Course Content
This course is organized around the concepts of financial and managerial accounting
concepts with a concentration on business application. We will use a combination of
lectures, assignments, readings and class exercises to learn these concepts. Lectures will
focus on real life applications of financial and managerial accounting concepts in the real
life business. The lecture will cover the real life problems uses in the business and do
class participation for collective understanding.
Performance Evaluation
a.
b.
c.
d.

Class Attendance and Participation

Individual Assignments and GROUP CASE
WORK
Mid Term Examination
Class Test Examination
Final Examination
Total

10%

:
:
:
:

30%
20%
40%
100%

** The faculty reserves the right to make necessary modification in the evaluation process

Class Participation
Class attendance and participation is required for this course as every chapter is the
foundation for the next one. If a student misses more than two classes, he/she will not
get any number in that section.
Individual Assignments and Cases Work
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The students will be given assignments based on the assigned text book chapters and
class lectures and real life case of accounting. These assignments will consist of short
answers and simple applications of the concepts discussed in the class. The students are
expected to work on them individually and with group and submit them on the assigned
date. No late submissions are allowed. The purpose of these exercises is to ensure that
the students are current on the concepts discussed in class.
Mid-Term Examination (30%)
Term examination is usually intensive exam. The examination may contain the
combination of short questions/problems, real life problems, MCQ or True/False with
explanations. There will be no retake of TERM EXAMINATION.
Final Examination (40%)
Final exam will be comprehensive one, which will cover major chapters of financial and
managerial accounting. The exam structure will be short questions/problems, real life
cases or problems, MCQ or True/False with explanations.

Caution:

All assignments will be handwritten on offset paper (A4 size) with well presented format.
Every student should submit the assignments before commencement of class and delay
submission will not be accepted for any reason.

Students will be panelized for any kind of unfair activities in the quizzes, assignments or
exams. For example, if anyone copy assignments, both parties will get ZERO in that
assignment. Subsequent class performance or bonus marks will be affected for that.

80% of the presence will be required for appearing the final exam.

THANKS FOR YOUR PATIENCE READING

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