Course syllabus

Course number and name: ACCT 621 Management accounting

Course credits: 3

Method of delivery: Vancouver campus

Course start date: January 04, 2017

Course end date: March 19, 2017

Name of instructor: Dr. Tamara A. Krug

Instructor contact information: In addition to MyUCW address, students can

come for individual consultations half an hour before or after the normal class
hours.

1.0 Course description:

This course reviews the use of accounting information in the decisions made by
management during the process of planning and controlling. It includes systems
that measure the cost and profitability of products and services, implications of
change in investment, cost reduction strategies, and financial reporting guidelines,
both formal and informal requirements, and their effect on managerial judgment.
In particular, the focus will be on managerial decision-making with particular
emphasis on internal control mechanisms and how they are used in leading an
organization or department. This will include the implication of changes in
accounting policy on investing, operating and financing choices.
1.5 Course prerequisite(s):
None

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2.0 Learning goals:
The course is designed to enable students to achieve the following goals with the
view to:

Effectively apply accounting concepts, principles, and techniques to help

senior managers in making sound and informed decisions with relevant cases
where applicable
Understand and differentiate the different cost elements in management
accounting
Apply quantitative analyses in management accounting to solve business
problems
Make sound and effective decisions in business by means of management
accounting information
Evaluate the pros and cons of alternative options in management accounting
and to provide constructive and effective recommendations to senior
management
Keep abreast of the latest development in management accounting in order
to become better and well-informed managers and business leaders
3.0 Learning outcomes:
The course intends to equip students with the knowledge and skills to:

Assess the nature, purpose and importance of different types of decision-

relevant management accounting information
Use fundamental quantitative techniques used to generate decision-relevant
management accounting information
Make sound strategic and operational business decisions based on the
development and evaluation of supporting management accounting
information
Evaluate the important theories that explain the practice of management
accounting that is observed in Canada
Appraise ethical issues involving management accounting
Assist managers to make effective business decisions through case
discussions and analyses
4.0 Required course materials, resources, textbook(s):
It is recommended that all students should complete reading of the following
mandatory textbook (use ONLY a hard copy in class):
Paul M. Collier, Accounting for managers, Canadian edition, John Wiley & Sons
(Canada)
ISBN(s): 9781118037966, 9781118037966.0, 1118579305, 9781118579305

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5.0 Recommended course materials, resources, textbook(s):
Publication Manual of the American Psychological Association, APA, 6th edition
ISBN: 978-1433805615

In addition to attending the lectures, reading the textbook, students are

expected to take an active part in all class discussions, exercises, assigned
readings, and other assignments
Late submission of assignments and exercises will not be marked and is subject
to loss of marks
Students must attend all classes regularly and punctually
Attendance will be taken. Excessive absences will reduce the grade earned for
class participation
Students are required to bring in class a basic 4-function calculator
Strict adherence to the Universitys regulation on academic integrity policy is to
be followed (i.e. student handbook, academic regulations, etc.)

Other resources and material will be obtained through the local newsprint and by
searching relevant financial management or accounting websites on the latest
issues and material concerning management accounting.

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6.0 Course schedule:
Wee
k
Topics Learning objectives Course activities
1 Chapter 1 Introduction Understand fundamental elements, Quiz 1 in
Chapter 2 - Accounting nature, and behaviour of different class
and its relationship to accounting concepts Read chapters
shareholders` value and Risk, internal control of financial 4-5 and
corporate governance reporting, and management prepare for
Chapter 3 - Recording accounting Week 2
financial transactions and Cost terms and concepts: the discussion
accounting for information limitations of financial accounting
systems
2 Chapter 4 Constructing Conceptual framework for financial Quiz 2 in
financial reports: IRFS and reporting class
the framework of Reporting profitability: The Read chapters
accounting statement of comprehensive income 5-6 and
Chapter 5 Interpreting Reporting financial position: The prepare for
financial reports and statement of financial position Week 3
alternative perspectives Accrual accounting discussion

3 Chapter 5 - Interpreting Interpreting financial information Quiz 4 in

financial reports and using ratios class
alternative perspectives Management control and strategic Read chapter
Chapter 6 - Decision planning 7 and prepare
making, planning, and Balanced scorecard for Week 3
control discussion
4 Chapter 7 Inventory Methods of inventory valuation Quiz 5 in class
management Methods of costing inventory Read chapters
8 and 9 and
prepare for
Week 5
discussion
5 Chapter 8 - Marketing Cost behaviour Quiz 6 in
decisions Special pricing decisions class
Chapter 9 Operating Transfer pricing Read chapter
decisions Managing operations: 10 and 11
manufacturing, services and prepare
for Week 6
Theory of constraints
discussion
Make versus buy
Equipment replacement
Quality management and control
6 Chapter 10 Human The cost of labour Quiz 7 in
resource decisions Cost of redundancy class
Chapter 11 Strategic Measuring human capital Read chapters
investment decisions Cost classification 12 and 13
and prepare
Activity-based costing
for Week 7
Absorption and variable costing discussion

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 7 Chapter 12 Strategic Evaluation of techniques and Quiz 8 in
investment decisions methods class
Chapter 13 Performance Investment appraisal Read chapter
evaluation of business The decentralized organization and 14 and
units divisional performance prepare for
measurement Week 8
Non-financial performance discussion
evaluation
Transfer pricing
8 Chapter 14 Budgeting process Quiz 9 in
Budgeting Cash forecasting class
Chapter 15 Budgetary Budgeting challenges Read chapter
control Flexible budgeting 15 and
prepare for
Variance analysis
Week 9
Cost control discussion
9 Chapter 15 Budgetary Flexible budgeting Quiz 10 in
control Variance analysis class
Chapter 16 - Strategic Cost control Read Chapter
management accounting Five forces analysis 16 and
prepare for
Value chain analysis
Week 10
Customer profitability analysis discussion
Activity-based management apply
the acquired management
accounting skills and techniques to
cope with the global changing
environments
10 Chapter 16 - Strategic Five forces analysis General
management accounting Value chain analysis revision of the
Customer profitability analysis course
Activity-based management apply
the acquired management
accounting skills and techniques to
cope with the global changing
environments
11 Final revision

* This syllabus is subject to change. Changes will be made based on the pace and performance of the class.
You will be informed sufficiently well in advance about any relevant changes.

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7.0 Required assignments or activities, distribution of marks and due
dates:

Assignments and Description Percent of total Due date

activities course grade
Quiz 1 through Generally Accepted Accounting Principles 100 Weeks 1
10 in class and fundamentals of management through
accounting 10
Different elements and nature of costs as
well as cost behaviours
Concepts and application of opportunity
cost of capital and capital budgeting
Overview of organizational structure and
management incentive schemes
Role of responsibility accounting and the
mechanics of transfer pricing
Organization and divisional performance
measurement
Assigned topics or areas in management
accounting
Final review Understanding and application of Week 11
management accounting skills and
techniques in business
Total 100
8.0 Assessment rubrics:
Percent of grade Criteria
100 Quizzes
The university is committed to academic integrity and has high ethical and moral
standards. All students will be treated equally and evaluated using the criteria
presented in this course outline and their respective weights. The evaluation
criteria are based strictly on actual achievement, not on effort or how hard the
student tried.
There is no preliminary grading or reviewing of assignments or projects prior to
submission, no multiple submission, no make-up tests or partial credits.
Quizzes (100% of total grade)
This assessment requires you to critically review assigned current events and
topics related to management accounting and the content of this course.
The quizzes are CLOSED book and are designed in a multiple-choice format.

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9.0 Grade point and letter grades:
DESCRIPTOR GRADE
Exceptional: Normally achieved by a small minority of students who
have consistently exceeded performance expectations in all 90-100% A+ (4.33)
evaluation criteria.
Excellent: Demonstrates a comprehensive knowledge and
understanding of subject matter and achievement of learning
85-89% A (4.00)
outcomes at high levels of performance in almost all of the
evaluation criteria.
Very good: Demonstrates a comprehensive knowledge and
understanding of the subject matter and achievement of learning
80-84% A- (3.67)
outcomes at well above average levels of performance in most of the
course evaluation criteria.
Good: Demonstrates substantial knowledge and understanding of
76-79% B+ (3.33)
the subject matter and achievement of learning outcomes at average
to above average performance levels in most of the course
72-75% B (3.00)
evaluation criteria
Satisfactory: Demonstrates sufficient knowledge and understanding
of the subject matter and achievement of learning outcomes at
68-71% B- (2.67)
average levels of performance in most of the course evaluation
criteria.

Pass: Demonstrates acceptable knowledge and understanding of the

subject matter and achievement of learning outcomes at low to
60-67% C (2.00)
average level of performance in many of the course evaluation
criteria.

Fail: Unacceptable performance in most or all of the course

0-59% F (0)
evaluation criteria

10.0 Attendance and participation

Contribute a fair share of comments during any classroom discussion
Offer concepts and ideas from course readings and other resources and
personal opinion
Offer answers to any questions posed by the instructor during each class
Ask questions for clarification and/or elaboration of any concept being
examined in the course
Engage other students in constructive manner in any class discussion or any
discussion in small groups, trios or pairs with due respect for others
Attend the entire course punctually and regularly

Expected weekly workload:

This is a rather intensive and demanding course. Students are expected to commit
the average of 20 hours each week on completion of homework assignments,
preparation for the assigned topics or areas for class discussion, review of study
material, and other forms of work as required by instructor from time to time.

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11.0 Missed assignments:
Missed quizzes are not marked and will be assigned a mark of zero
12.0 APA guidelines:
UCW follows the Publication Manual of the American Psychological Association
(APA). All assignments must be submitted with the correct APA formatting and all
sources cited according APA standards. The UCW Library provides resources and
reference materials for students and faculty to utilize in order that their work
meets APA standards.
13.0 Copyright policy:
UCW abides by all copyright legislation, regulations, and agreements. All copying
must be in accordance with these. Please refer to the Access Copyright Repertoire
Lookup Tool and/or consult the UCW Library
14.0 Privacy policy:
UCW is committed to using personal information collected in accordance with
applicable provincial and federal privacy legislation. Use of the information
collected during this course will be used solely for purposes consistent with
academic and support services of a post-secondary educational institution. This
statement is consistent with UCW's Information Privacy & Security Policy.
15.0 Turnitin policy:
This course requires you to submit some material in electronic form. When this
requirement is in place, it will be noted in the course outline, the assignment, or
both. The electronic material will be submitted to a service to which UCW
subscribes, called Turnitin. This service checks textual material for originality.
Turnitin.com is used increasingly in North American universities. For additional
information please visit:

https://turnitin.com/static/resources/documentation/turnitin/sales/T
urnitin_FAQ_Questions_and_Answers.pdf
16.0 Plagiarism and academic misconduct:
Please ensure that you read the section on Academic Misconduct in the UCW
Calendar located in MyUCW. To find the calendar, click on Library Resources
then Forms and Calendar.

Plagiarism: includes, but is not limited to:

Submission of another persons work as original;

Inadequate attribution given to an author or creator whose work is
incorporated in the student's work; and
Paraphrase or use of material verbatim from a source without sufficient
acknowledgement.

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Falsifying Materials includes, but is not limited to:

Fraudulently manipulating laboratory processes, electronic data, or research

data in order to achieve desired results;
Submitting work prepared by someone else (e.g., commercially prepared
essays) as one's own;
Citing a source from which material was not obtained; and
Submitting false records, information or data, in writing or orally.

Cheating includes, but is not limited to:

Submitting the same work for different courses without prior permission from
the faculty member;
Copying another persons answers or other work;
Sharing information or answers when doing take-home assignments, tests,
and examinations except where the instructor has authorized collaborative
work;
Having any unauthorized materials or equipment in an examination or test;
Submitting an assignment completed (or partially completed) by someone
else;
Falsifying or making up data or bibliographic information;
Impersonating a candidate in an examination or test, or being assigned the
results of such impersonation;
Reproducing, sharing or otherwise making unauthorized copies of UCW
materials in any format;
Using technological means such as cell phones, data storage units and other
electronic devices without prior permission from the faculty; and
Assisting others or attempt to help others to engage in any conduct described
above or any other activities prohibited by UCW.

Penalties for Academic Misconduct

Penalties for academic misconduct include, but are not limited to:

At the course level:

o Written reprimand for retention in the student file (no transcript entry)
o Repetition of the assignment or completion of a different, but similar,
assignment (no transcript entry)
o Failing grade for the assignment (no transcript entry)
o Failing grade for the course (recorded on transcript)
At the program level:
o Disciplinary probation for a defined period with written documentation
retained in the students file (transcript notation for period of probation)
At the University level:
o Suspension (permanent transcript entry)
o Expulsion (permanent transcript entry)
o Rescission of degrees granted (permanent transcript entry)

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17.0 Instructor biography:
Dr. Tamara A Krug holds a doctoral degree in economics and finance and has
gained a professional accounting designation of Chartered Professional Accountant
(CPA) and Certified General Accountant (CGA) of British Columbia, Canada.
Dr. Krug has extensive experience in teaching business courses (i.e. Financial and
Management accounting, Micro and Macroeconomics, Financial management,
Corporate finance, Taxation) in both undergraduate and postgraduate programs.
Dr. Krug run her own public practice, serving middle size and large businesses
from industry and services by doing compilation, audit, review, and consultation.
In the view of her previous senior managerial positions in both private and public
sectors as well as in colleges and universities, she brings a wealth of practical
experiences to enable students to master modern business trends and effectively
apply contemporary concepts and theories to practice. Her teaching skills include
vivid illustrations of practical examples in business.

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