Learning plan for Accounting for Managerial Decision Making

Course code ACCT 701 w 2017

Week

Dates

Topics

Weekly Learning Outcomes

Jan. 9,13

Introduction to Management
Accounting How Management
Accounting Information
Supports Decision Making

1. Realize how financial accounting information provides an overall measure of

the organizations performance. 2 Understand how Management Accounting
Information supports decision making and how the organization's starategy
drives the need for different types of managerial accounting information. 3.
Explore the difference between management accounting and financial
accounting information. 4. Behavioural implications of Managerial Accounting.

Jan. 16,20

The Balance Scorecard and

Strategic Map.

Jan. 23,27

1. How Management Accounting supports internal decision making. 2. Explain

Using costs in decision making the difference between variable & fixed costs. 3. Explain Cost, Volume,profit
(CVP) Analysis to predict costs. 4. Explain other useful cost definitions.

Chapter 3 pages 62 - 120 Management Accounting by Atkinson et al.

Exercises & Cases Questions: 3-1 to 3-16. Exercises 325 to 3-30, 3-38 to 3-44, 3-54 to 3-56,3-60

Jan. 30, Feb. 3

Cost Management Systems. 2. Cost Flows in organizations manufacturing,retailing,services.3. Some important cost terms - cost object,
Accumulating and Assigning
consumable resources,direct and indirect costs.4. Handling Indirect costs in a
Costs to Products
manufacturing environment 5. Overhead allocation 6. Job Order & process
systems

Chapter 4 Pages 121-164. Management Accounting by Atkinson et al.

Exercises & Questions: 4-1 to 4-15.

Feb. 6,10

Feb. 13,17

Activity based cost systems

Feb. 24

Measuring and Managing

Customer Relationships

Mar. 6,10

Mar. 13,17

10

Mar. 20,24

11

Mar. 27,31

12

Apr. 3,7

13

Apr. 10

Apr. 17, 21

Chapter 1 pages 1 - 14 Managerial Accounting by Atkinson et al.

1. Understand why managers need a Balance Scorecard to measure and

manage intangible assets for value creation. 2. Creating a strategy Map. 3. Apply
Chapter 2 Pages 15 - 61 Management Accounting by Atkinson et al.
Balanced scorecard to nonprofit and Government. 4. Recognize common pitfalls
in implementing Balanced scorecard.

Instructional Strategies

Course Evaluations
Assignments

Lecture, discussion, in class group work. Questions 1-6,

1-8.Exercise 1-10.

In Class Assignment 1 Cases

1-18, 1-19 (1.5%)

Lecture, discussion, in class group work. Questions: 2Group case assignment due
2,2-3, 2-7, 2-8 to 2-16, Exercises 2-30 to 2-36,2-45 to 2Feb. 24 (15%) . Quiz 1 (1.5%)
47

ABC cost systems. Traditional Manufacturing Cost Systems. Limitations. Discuss

ABC: Capacity resource Capacity cost rates, Time useage per product, cost &
Chapter 5 Management Accounting by Atkinson et al.
profitability, Barriers to implementing ABC systems

1. Measuring customer profitability: Increasing customer profitability, managing

relationships, pricing waterfall.

In class Assignment 2
Exercise 3-28 (1.5%)

In Class Assignment 3 Cases

4-30, 4-36 (1.5%)

Term test 1 20%

Review and Term Test 1 20%

Feb. 27 - March 3

Reading Material

Chapter 6 pages 218 - 251 Management Accounting by Atkinson et al.

Questions 5-1 to 5-11, Problem 5-19

Exercises 6-20,6-21,6-22.

In class Assignment 4
Problems 5-22, 5-23 (1.5%)

Quiz 2 (1.5%)

Engagement week

Measuring and
Managing Process
Performance

1. Salesperson incentives. 2. Life cycle profitability 3. Measuring customer with

nonfinancial metrics 4. Process perspective and balanced scorecard 5.
Inventory costs and processing time 6. Cost of nonconformance 7. JIT 8. Kaizen
costing and benchmarking

Measuring and Managing Life 1. Discuss managing product over their life cycle 2. Explain target costing 3.
Cycle Costs
Explain breakeven 4.Discuss innovation measures on the balanced score card

Chapter 7 pages 252-300 Management Accounting by

Atkinson et al.

Chapter 8 Pages 301-339 Management Accounting by Atkinson et al.

Questions 7-1to 7-11

Questions 8-1 to 8-14

Term test 2 20%

Review and Term Test 2 20%

Behavioural and
Organizational Issues in
Management Accounting

1. Understand what are Management and Control Systems (MACS) 2.

Characteristics of a Well Designed MACS 3. Human Resource Management
Model of motivation 4. Explain and discuss the Organization's Ethical Code of
Conduct and MACS Design

Chapter 9 Pages 340 - 392 Management Accounting by Atkinson et al.

Questions 9-1 to 9-16. Exercises 9-36,9-37,9-38,9-42,944, 9-45

1. Explaining and determining levels of capacity-related and flexible resources 2.

Explaining and applying the budget process 3. Interpreting the Production Plan
Using Budgets and Planning
Chapter 10 Pages 393 to 462 Management Accounting by Atkinson et
4. Evaluate what if scenarios 5. Comparing Actual and Planned Results 6.
Questions 10 - 1 to 10-18
and Coordination
al.
Explaining the role of budgeting in the Service and Not for profit Organizations 7.
Discussing issues in Discretionary Expenditures and the budgetary process.

Financial Control

1, Explain the nature,scope and environment of financial control 2. Discuss the

motivation and why firms decentralize decision making 3. Understand why
organizations use responsibility centres and how to evaluate init performance 4. Chapter 11 Pages 462-509 Management Accounting by Atkinson et al.
Design and interpret performance measures to evaluate responsibility centres 5.
Understand the concept of transfer and various approaches

Questions 11-1 to 11-21

In class Assignment 6
Case 9-86 (1.5%)

In class Assignment 7
Exercises 10-38, 10-41
(1.5%)

In class Assignment 8
Problem 11-44,11-54
(1.5%)

Final (30%)

Review and Final 30%

14
Assessment

Weight

Quizes, In class assignments

15%

Group Assignment

15%

Test 1

20%

Test 2

In class Assignment 5
Exercise 7-30, 7-36
(1.5%)

20%

Final Exam

30%

Total

100%