Acct.

2242
Introductory Managerial Accounting
Fall 2016
2242B CRN 10013
Instructor: Donna Bourque, CA, CPA, CPA (IL)
Email:
donna.bourque@smu.ca
Phone:

Office: n/a
Office Hours:
After class or book appointment by
email

n/a

Day, Time, and Location of Classes

W 6 8:45 pm, Loyola 296
Required Materials:
Managerial Accounting, Tenth Canadian Edition Ray H. Garrison, Theresa Libby, Alan
Webb, Eric Noreen, Peter Brewer McGraw-Hill Ryersn
ISBN: ISBN-10: 1-25-902490-3 ISBN-13: 978-1-25-902490-0
Additional materials may be added to ensure sufficient coverage of selected topics.
Course Prerequisites: ACCT 2241, ECON 1201, MGSC 1205
Students who have not completed all of these courses prior to this semester may be dropped from
the class.
Key Dates:
September 21

Assignment 1, Due at 11:59 PM

September 30

Assignment 2, Due at 11:59 PM

October 12

Mid Term Covering Chapters 1, 2, 3, 4, 5

October 21

Assignment 3, Due at 11:59 PM

November 4

Assignment 4a, Due at 11:59 PM

November 8

Assignment 4b, Due at 11:59 PM

November 25

Assignment 5, Due at 11:59 PM

Course Description
This course serves as an introduction to managerial uses of accounting data in the production of
goods and the provision of services. Accounting concepts and principles will be studied from the
perspective of managerial decision-making.

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Instructional Approach
The course will contain some lectures provided by the instructor but will mainly consist of
exercises, problems and short cases. Remember, participation is the key to learning. By
attending classes, asking and answering questions, and completing the assigned exercises and
problems, your ability to learn the material will be greatly enhanced. Attempting the in-class
exercises and problems before coming to class is essential. The mastery of Accounting
requires that a student not just study the material and the techniques but also s/he must actively
be involved in the preparation and communication of problem alternatives and
recommendations for a great variety of situations. Practice will lead to success.
Occasionally changes to assignments are necessary. These changes and other announcements
will be made during class time and posted to the course Brightspace site. You are responsible
for these regardless of whether you were in attendance at the time.
NOTE: While collaborative learning is highly encouraged, student evaluations are based on an
individuals performance on assignments and examinations. Please make particular note of
Academic Regulation #19 on Academic Responsibility. No individual may attempt to take
credit for work done by others without proper citation and approval of the instructor,
depending on the type of assignment.
Classroom Etiquette: Students are required to arrive for class on time. Late arrival or early
departure are strongly discouraged and may be treated the same as absences. It is a sign of
disrespect to the other students in the class and to the instructor if class is disturbed because of
students arriving late or leaving early. The use of cell phones or text messaging during class is
not permitted.
Course Objectives
The primary objectives of this course are to: 1) explore the types of decisions managers need to
make in running organizations; 2) apply appropriate techniques in analyzing financial
information to aid in those decisions; and 3) study how accounting information is used in the
planning and control process.
The fulfillment of these objectives requires the students to be able to, upon the completion of the
course:
Explain the purpose of financial and managerial accounting and explain the differences
between them
Define, identify, and calculate costs needed for financial and managerial reporting
purposes in a service, merchandizing or manufacturing concern.
Create, analyze, and interpret accounting information necessary to support managerial
decision-making.
Choose appropriate techniques to analyze alternative solutions to problems and to
clearly communicate the analysis and recommendations to a decision maker.

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Links to the Bachelor of Commerce Program Learning Objectives: The achievement of the
course objectives noted above will contribute to the achievement of the following Program
learning objectives:
Communication - Preparing professional written reports/assignments
Critical thinking Formulating and justifying positions on issues or situations using
appropriate evidence
Information Literacy Critically evaluate and use organizational information.
Knowledge and Competency Develop an understanding of and the ability to use
financial and managerial accounting information in organizational decision situations.
Ethics and social responsibility Identify and understand the ethical dimensions of
complex situations; identifying corporate social responsibility behaviors and their
consequences
Bachelor of Commerce Program Goals
Communication: You will be able to employ the communication skills required to effectively
facilitate interpersonal and business relationships
Students will demonstrate professionally written communications that are well-organized,
clear, and concise
Students will prepare and deliver well-organized professional oral presentations
Critical Thinking: You will possess the ability to critically assess situations and employ
appropriate problem solving skills
Students will formulate and justify positions on issues or situations using appropriate
evidence
Ethics and Corporate Social Responsibility: You will understand relevant ethical issues and
recognize the impact that organizations have on the environment, consumers, employees,
communities, stakeholders and members of the public.
Information Literacy: You will be able to locate and use information and information technology
effectively in a range of contexts.
Students will determine and retrieve required information.
Students will critically evaluate and use the information.
Students will recognize and acknowledge copyright laws and intellectual property
restrictions.
Team Work: You will be able to work effectively in groups and teams.
Students will identify, describe, and exhibit behaviours that contribute to effective team
performance.
Students will identify and understand ethical dimensions of complex situations.
Students will identify corporate social responsibility behaviours.
Knowledge and Competency: You will have knowledge of and competency in the functional
areas of business.
This syllabus and course outline sets out the expectations for the semester for both the
instructor as well as the students in the class. Any alterations such as assignment date changes
and other announcements will be made in class and provide reasonable notice. Students are

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responsible for these, irrespective of attendance or non-attendance at the time of the

announcement. Every effort will be made to make any announcements or alterations to the
proposed schedule on Brightspace.
The Department of Accounting requires all students taking accounting courses to use the Sharp
EL-510R Scientific Calculator as depicted below in all quizzes, midterm and final examinations.
Students are advised to purchase this calculator and become familiar with its usage and bring it
to their examinations.

Evaluation

Description
In Class Quizzes, Exercises, Participation

Marks
10%

Assignments (Brightspace)

10%

Mid-term

30%

Final Exam

50%

Total Marks

100%

Undergraduate Grading System

The numeric grades you earn in this course convert to a letter grade as follows:
A+
A
A-

90-100
85-89
80-84

B+
B
B-

77-79
73-76
70-72

C+ 67-69
C 63-66
C- 60-62

D 50-59
F 0-49

Please refer to the Undergraduate Academic Calendar for related Grading System policies and
procedures.

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Academic Policies
Academic Integrity Policy and Student Responsibility
As a Saint Mary's University student, you are responsible for understanding and avoiding
academic offences, including plagiarism, cheating, and falsification. Working with another
person (or in a group) when individual work is required for a grade is considered a form of
academic dishonesty.
Plagiarism is when you present someone elses words, ideas or techniques as your own. When
you want to refer to someone elses work, you must reference it either by direct quotation or
paraphrase (expressing the idea in your own words), which must be acknowledged using
correct citation. When you are in doubt about what, when, and how to cite your information
sources, consult with me, or the Writing Centre, before submitting your work. Academic
dishonesty is a serious offense, so be sure you understand how to correctly acknowledge and
use sources when preparing your work.
Plagiarism applies to all forms of information or ideas that belong to someone else (e.g., literary
works, computer programs, mathematical solutions, scientific experiments, pictures, website or
data).
Furthermore, submitting the same piece of work (even if its your own) for a grade or credit in
more than one course is usually not permitted. The approval of the course instructors involved
must be obtained before submitting the assignment.
If you are found in violation of this academic honesty policy, your work is subject to a
grade of zero, and you will be reported to the Registrar. If the Registrar finds this is a
second offence, you will be referred to the universitys Academic Honesty Committee
and subject to disciplinary action.
Please read the entire "Academic Integrity" section (Academic Regulation 19) of Saint Mary's
Academic Calendar for a complete description of each offence, noting especially the examples
of plagiarism and penalties.
Assignments, Mid-term Exams, and Final
Assignments: All assignments are due no later than 11:59 PM on the dates indicated and must
be submitted through Brightspace. Since the solutions are made available immediately after the
deadline submission, extensions cannot be granted.
Mid-term Exam: The mid-term will be held during regular class time and in the regular location
on the date indicated. Failure to take a mid-term on the date scheduled for the mid-term will
result in a score of zero. If you unable to write the mid-term exam due to very unusual
circumstances such as hospitalization, serious illness or other emergency, you must notify me in
advance to work out an alternate arrangement.
Special Examinations Final Exam
If, due to the most serious of circumstances (e.g., hospitalization, serious illness or other
emergency), you are unable to write a required final examination, you may appeal for a special
examination.

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In the event your request is granted, you will be given only one opportunity to have a special
exam. If you miss it, you will receive a grade of F on your final exam. If you think you are going
to miss your final exam, you should contact me immediately. Ideally this should be before the
exam and no later than 48 hours after the exam is over. You must explain the situation in
sufficient detail for me to determine whether or not you meet the criteria of serious illness or
emergency. Hard copy, documentary evidence supporting your request should be delivered to
me no later than one week after the missed exam. Vague or incomplete information (for
example, a doctors note indicating excused from school) is not adequate to obtain a special
exam. If I deny your request for a special examination, you may appeal that decision to the
Special Exam Request Review Panel whose decision will be final. Written appeals can be
submitted to the Panel through the B.Comm. Advising Office (SB208) or via email at
sobey.bcomm@smu.ca

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Schedule
NOTE: This is a tentative guide to the timing and rate at which the material will be covered. The
instructor reserves the right to revise this schedule and to add additional
questions/problems for review.
Dates
W Sep 7
W Sep 14

TOPIC

CHAPTER

Introduction to Course and

Brightspace - Management
Accounting and the Business
Environment
Cost Terms, Concepts, and
Classification

1
2
3 (Including Appendix
3A)

W Sep 21

Cost Behaviour and Analysis

W Sep 28

Cost-Volume-Profit
Relationships

Job Costing

W Oct 5
W Oct 12
W Oct 19

Mid Term Covering Chapters 1, 2, 3, 4, 5

7 (Including Appendix
Activity Based Costing
7A)

W Oct 26

Variable Costing

W Nov 2

Budgeting

W Nov 9

Reading week no class

Standard Costs (Direct
Material, Direct Labour, and
Variable MOH only)

W Nov 16
W Nov 23

Decision Making

W Nov 30

Reporting

Dec 3 - 17

10 (pg 399 420

only)
12 (Including
Appendix 12A)

11 (and Brightspace
Appendix - Transfer
Pricing)
Final Exam as scheduled by the Registrar

IN-CLASS and Homework

QUESTIONS
1-1, 1-2, 1-3, 1-6, 1-7
2-1, 2-2, 2-3, 2-7, 2-10, 2-13, 214, 2-17, 2-22, 2-23, 2-26
3-3, 3-11, 3-12, 3-16, 3-19, 3A-2,
3A-5
4-1, 4-3, 4-4, 4-6, 4-7, 4-8, 4-9,
4-18, 4-22, 4-25, 4-31
5-1, 5-3, 5-4, 5-5,5-6, 5-7, 5-8,
5-9, 5-17, 5-26, 5-27, 5-28
7-1, 7-5, 7-16, 7-18, 7-19, 7-23,
7A-4, Case 7A-6
8-1, 8-3, 8-5, 8-8, 8-9, 8-10, 814, 8-15, 8-17
9-1, 9-2, 9-3, 9-4, 9-6, 9-8, 9-9,
9-11, 9-19, 9-21,
10-1, 10-2, 10-3, 10-4, 10-5, 106, 10-22, 10-19(ignore req 4),
10-20(ignore 3b)
12-3, 12-4, 12-5, 12-6, 12-8, 1210, 12-11, 12-21, 12-24, 12-29,
12-34, 12A-1, 12A-2, 12A-3
11-2, 11-3, 11-6, 11-7, 11-11, 1118, 11-22, 11A-1, 11A-2

Note: Suggested solutions for the above listed in-class problems will be put on
Brightspace after the topic is covered. It may not be possible or even desirable, to cover
them all in class. You are, however, responsible for all of the topics analyzed by these
problems, even if they are not discussed during the regular class time. Students are also
responsible for any additional material discussed during class.

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