COURSE OUTLINE

GIFT BUSINESS SCHOOL

MBA
Management Accounting- ACC-701
Spring -2015
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GIFT Business School

03
Graduate (Elective)
GIFT University/On Campus/In Person
Mr. Naveed Ahmad Mughal
naveed.mughal@gift.edu.pk
Monday to Friday (as proposed by the instructor)
ACC-512 / 516
As per university time table
April 3, 2015

BRIEF COURSE DESCRIPTION:

The aim of the course is to provide an in depth knowledge and understanding of the use of
accounting information for internal purposes contrary to the external disclosure focus of the
financial accounting. In particular, the objective of the course is to familiarize students with the
fundamental concepts of management accounting system, and use of such information for
decision making and performance evaluation.
COURSE LEARNING OBJECTIVES:
The primary objectives of this course are:
1. To develop an understanding of the costing, cost calculation.
2. To develop understanding of application of different techniques of cost allocation.
3. To understand the relationship between cost and volume and application of this in making
different decisions.
4. To develop ability to make different decisions by using accounting information.
5. To understand the application of budgeting and standard costing as controlling tool.
6. To apply the different tools of management accounting for performance appraisal.
To achieve these objectives, teaching focus will be on conveying the specific concepts and
develops analysis capabilities without losing the general management perspective.

COURSE MATERIALS:
The course packet is ready for you to purchase at the Resource Center. IT IS ESSENTIAL FOR
EVERYONE TO PURCHASE THE COURSE PACKET. This packet contains case-materials
(Prescribed book is available in market, you can purchase it). Required readings should be done
before the class for which they are assigned.
PRESCRIBED TEXTBOOK:
1. Cost Accounting by Horengren 14th Edition
REFFRENCE TEXTBOOKS:
2. Cost Accounting by Matz and Usery 7th Edition
3. Management and Cost Accounting by Collin Drury, 7th Edition
Most of these books are available at GIFT University Library.
PREREQUISITES:
ACC-512: Cost Accounting must be cleared.
GRADING & EVALUATION:
Your final grade in the course will be computed using the following weights:
Assessment
Class Participation & Attendance
Quizzes
Assignments
MID TERM
Final Exam
WAC

Individual/Group
Individual
Individual
Individual/Group
Individual
Individual
Individual/Group

Percent
20%
10%
10%
20%
30%
10%

CLASS PARTICIPATION:
Class attendance is a requirement. You should notify me in advance via email if you cannot
attend a class. Missing multiple classes can seriously jeopardize even the best students chance of
success in this class. Participation is evaluated by the quantity and quality of your input. Thus,
students are expected to adequately prepare for all classes. Overall, lets try to create discussions
around interesting, creative and insightful comments that stimulate the minds of the group. Some
of the criteria that I will use to judge effective class participation for grading purposes include:
-

Is the participant a good listener?

Are points made relevant to the current discussion? Are they linked to the comments of other
students?
Do the comments show clear evidence of appropriate and insightful analysis of the case data?
Is there a willingness to participate?
Is there a willingness to test new ideas, or are all comments safe?
Do comments clarify and highlight the important aspects of earlier comments and lead to a
clearer statement of the concepts being covered?

One of the following six grades is recorded as Class Participation in each session:
-1 or -2 student was absent or was engaged in cross talking, or didnt prepare for the session
0 late, no participation, or was unprepared for session
1 Read the case
2 Thorough Preparation + Active listening (challenge someones analysis)
3 preparation + Active listening + Excellent explanation
4 Analyzed the case, evaluated options and decision defended
5 Added to my learning
QUIZZES:
Individual Quizzes will take place at the beginning of class on the sessions mentioned in this
syllabus. If you miss a quiz a 0% will be recorded for that quiz there are no make-up quizzes.
Quizzes will always contain one or two short numerical.
Written case Analysis:
There will be case analyses to be done in the course. Case will be assigned and students would
have to submit in the assigned time period. Reports should be strictly professional
FINAL EXAM:
The final exam will include a case/cases evaluation.
DETAILED COURSE OUTLINE:
WEEKS TOPICS
1
Cost classification and
allocation

Readings/Articles
Chapter #2 & 4

Discussion Cases/Assignments

Case: Selligram Inc

Assignment 1:
Case: Tots R Us

Allocation of indirect
costs

Chapter #15

Activity based costing and

activity based management
Activity based costing and
activity based management

Chapter #5

Cost, volume and profit

analysis
Cost, volume and profit
analysis

Chapter #3

Decision making by using

accounting information
Decision making by using
accounting information

Chapter #11

5
6
7
8
9
10

MID TERM Exam

Budgeting, Flexible
Budgeting and Performance

Chapter #5

Chapter #3

Case: Wilkerson Company

Assignment 2:
Classic Pen Company: Developing
an ABC Model
Case: Salem Telephone Company
Assignment 3:
Hallstead Jewelers
Case1: BW Manufacturing Co.

Chapter #11

Case 2: Bridgeton Industries

Assignment 4:
Baldwin Bicycle Co

Chapter #6

Case: Blackheath Manufacturing

Company revisited

11
12
13
14
15

Reporting
Budgeting, Flexible
Budgeting and Performance
Standard costing and
variance analysis
Standard costing and
variance analysis
Performance evaluation by
using management
accounting tools
Performance evaluation by
using management
accounting tools

Chapter #7

Case: Walthom Motors

Assignment 5: Town of Belington

Chapter #7&8
Chapter #7&8

Case: Luotang Power

Assignment 6: Mile High Cycles

Chapter #23
Chapter #13
Case: Catanese & Vulcan A&B