Sheridan Course Outlines

ACCG70010
Intro to Financial Management Accounting

I: Administrative Information II: Course Details III: Topical Outline(s) Printable Version

Section I: Administrative Information

Total hours: 42.0
Credit Value: 3.0
Credit Value Notes: N/A
Effective: Spring/Summer 2013
Prerequisites: (ACCG16971)
Corequisites: N/A
Equivalents: N/A
Pre/Co/Equiv Notes: N/A

Program(s): N/A
Program Coordinator(s): N/A
Course Leader or Contact: Multiple Course Leaders
Version: 1.0
Status: Approved (APPR)

Section I Notes: This course is delivered through OntarioLearn and is hosted by Seneca College. Access to this course is from the OntarioLearn website.

Section II: Course Details

Detailed Description
Learn financial and management accounting concepts and techniques, focusing on the relationships between management of performance and basic management functions of planning, coordination and control. It is recommended that students have a basic knowledge of accounting before taking this subject. Mandatory group work. This course is delivered OntarioLearn.

Course Critical Performance and Learning Outcomes

 LEARNING OUTCOMES:

To achieve the critical performance, students will have demonstrated 
the ability to:

1. Accounting: The Financial Information System

2. The purpose and objectives of accounting: Accounting reports: the
balance sheet.

3. Managerial Accounting: Cost Behaviour and Cost Accumulation for
Decision Making 

4. Managerial Accounting: Budgeting & Budgetary Control

Evaluation Plan
Students demonstrate their learning in the following ways:

Quizzes: 15%
Discussions: 15%
Individual Assignment: 30%
Final Exam: 40%

Students must pass the final exam or final assignment (if the
assignment is in lieu of the final exam) with a 55% or higher in 
order to pass Financial and Management Accounting, Introduction.

Provincial Context
The course meets the following Ministry of Training, Colleges and Universities requirements:

Essential Employability Skills
Essential Employability Skills emphasized in the course:

X	Communication	X	Critical Thinking & Problem Solving		Interpersonal
X	Numeracy		Information Management		Personal

Notes: N/A

Prior Learning Assessment and Recognition
PLAR Contact (if course is PLAR-eligible) : Office of the Registrar
Students may apply to receive credit by demonstrating achievement of the course learning outcomes through previous relevant work/life experience, service, self-study and training on the job. This course is eligible for challenge through the following method(s):

Challenge Exam	Portfolio	Interview	Other	Not Eligible for PLAR

Notes: N/A

Section III: Topical Outline

Some details of this outline may change as a result of circumstances such as weather cancellations, College and student activities, and class timetabling.
Effective term: Spring/Summer 2013
Professor: Multiple Professors
Textbook(s):

Managerial Accounting 4th Edition Jiambaloo Selected chapters from
Weygandt Accounting Principles 5th Edition Parts 1-2
Weygandt and Jiambaloo
Wiley and Sons
ISBN: 978-0-47-0681115-2

Applicable student group(s): All
Course Details:

Accounting: The Financial Information System 
The purpose and objectives of accounting: concepts, techniques and
conventions

Accounting reports: the balance sheet: the income statement; the
statement of retained earnings; the statement of changes in financial
position. 

Managerial Accounting: Cost Behaviour and Cost Accumulation for
Decision Making 
- Cost behaviour and cost volume relationships 
- Cost allocation systems and activity based costing  
- Relevant costs for decision making  
- Job costing & process costing  

Managerial Accounting: Budgeting & Budgetary Control 
- Budget preparation  
- Budgetary control: Responsibility accounting and decentralized
organizations  
- Long-term planning

Sheridan Policies

All Sheridan policies can be viewed on the Sheridan policy website.

Academic Integrity: The principle of academic integrity requires that all work submitted for evaluation and course credit be the original, unassisted work of the student. Cheating or plagiarism including borrowing, copying, purchasing or collaborating on work, except for group projects arranged and approved by the professor, or otherwise submitting work that is not the student's own, violates this principle and will not be tolerated. Students who have any questions regarding whether or not specific circumstances involve a breach of academic integrity are advised to review the Academic Integrity Policy and procedure and/or discuss them with the professor.

Copyright: A majority of the course lectures and materials provided in class and posted in SLATE are protected by copyright. Use of these materials must comply with the Acceptable Use Policy, Use of Copyright Protected Work Policy and Student Code of Conduct. Students may use, copy and share these materials for learning and/or research purposes provided that the use complies with fair dealing or an exception in the Copyright Act. Permission from the rights holder would be necessary otherwise. Please note that it is prohibited to reproduce and/or post a work that is not your own on third-party commercial websites including but not limited to Course Hero or OneNote. It is also prohibited to reproduce and/or post a work that is not your own or your own work with the intent to assist others in cheating on third-party commercial websites including but not limited to Course Hero or OneNote.

Intellectual Property: Sheridan's Intellectual Property Policy generally applies such that students own their own work. Please be advised that students working with external research and/or industry collaborators may be asked to sign agreements that waive or modify their IP rights. Please refer to Sheridan's IP Policy and Procedure.

Respectful Behaviour: Sheridan is committed to provide a learning environment that supports academic achievement by respecting the dignity, self-esteem and fair treatment of every person engaged in the learning process. Behaviour which is inconsistent with this principle will not be tolerated. Details of Sheridan's policy on Harassment and Discrimination, Academic Integrity and other academic policies are available on the Sheridan policy website.

Accessible Learning: Accessible Learning coordinates academic accommodations for students with disabilities. For more information or to register, please see the Accessible Learning website (Statement added September 2016)

Course Outline Changes: The information contained in this Course Outline including but not limited to faculty and program information and course description is subject to change without notice. Any changes to course curriculum and/or assessment shall adhere to approved Sheridan protocol. Nothing in this Course Outline should be viewed as a representation, offer and/or warranty. Students are responsible for reading the Important Notice and Disclaimer which applies to Programs and Courses.

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