Sheridan Course Outlines

Land Acknowledgement

Sheridan College resides on land that has been, and still is, the traditional territory of several Indigenous nations, including the Anishinaabe, the Haudenosaunee Confederacy, the Wendat, and the Mississaugas of the Credit First Nation. We recognize this territory is covered by the Dish with One Spoon treaty and the Two Row Wampum treaty, which emphasize the importance of joint stewardship, peace, and respectful relationships.

As an institution of higher learning Sheridan embraces the critical role that education must play in facilitating real transformational change. We continue our collective efforts to recognize Canada's colonial history and to take steps to meaningful Truth and Reconciliation.

Section I: Administrative Information

Total hours: 42.0
Credit Value: 3.0
Credit Value Notes: N/A
Effective: Spring/Summer 2023
Prerequisites: (ACCG16971 OR ACCG70016)
Corequisites: N/A
Equivalents: HRMT70006
Pre/Co/Equiv Notes: N/A

Program(s): Canadian Institute of Manageme, Certified Payroll Manager, Human Resource - Certified Hum, Human Resource -Certified Hum, Human Resource Management
Program Coordinator(s): Bruce Goldie
Course Leader or Contact: N/A
Version: 20230508_00
Status: Approved (APPR)

Section I Notes: Access to course materials and assignments will be available on Sheridan's Learning and Teaching Environment (SLATE). Students will need reliable access to a computer and the internet.

Section II: Course Details

Detailed Description
In this course, students will have the opportunity to explore and practice generally accepted accounting principles. They will explore the relationship between managerial accounting and the business environment, including risk management, ethics, and corporate social responsibility. Students will analyze cost behaviour and apply their learning by preparing an income statement and a schedule of costs for manufactured goods from a Human Resources perspective. Students will also prepare and interpret a cost volume profit graph, while evaluating cost-volume-profit relationships. As students explore tools to measure performance and aid in decision-making, they will use activity-based costing techniques to compute unit product costs for reports. Students will apply skills in budget management and prepare a master budget with supporting components. By the end of this course, students will be positioned to develop and analyze financial information to support managerial decision making. This course meets the Finance and Accounting coursework requirement of the Human Resources Professional Association's (HRPA) Certified Human Resources Professional (CHRP) and Certified Human Resource Leader (CHRL) designations.

Program Context

Canadian Institute of Manageme	Program Coordinator(s): N/A
This is an approved compulsory course in the Canadian Institute of Management program.
Certified Payroll Manager	Program Coordinator(s): N/A
This is an elective course in the Canadian Payroll Association - Payroll Certification Programs.
Human Resource - Certified Hum	Program Coordinator(s): Bruce Goldie
This course is required for the Human Resource Management Certificate from the Faculty of Continuing and Professional Studies and meets the HRPA coursework requirement for CHRP and CHRL exams.
Human Resource -Certified Hum	Program Coordinator(s): N/A
This is a compulsory course in the Human Resource - Certified Human Resources Professional program.
Human Resource Management	Program Coordinator(s): Bruce Goldie
This is a required course in the Human Resources Sheridan Certificate offered through the Faculty of Continuing and Professional Studies. This course is accredited toward a CHRP designation by HRPA (a minimum of 65% is required for accreditation towards CHRP).

Course Critical Performance and Learning Outcomes

	Critical Performance:
	By the end of this course, learners will be able to apply generally accepted accounting principles, concepts, and tools to a broad business context and recommend human resource strategies that support an organization?s strategic decision making.

Learning Outcomes:

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

Distinguish between managerial and financial accounting and summarize the importance of this knowledge as it pertains to the role of an HR Professional.
Appraise company performance through the use of financial tools such as ratio analyses and variance analyses.
Categorize different costs and cost behaviour.
Use cost behaviour to construct model financial statements and budgets to predict impact of HR and other departmental decisions.
Determine how a variety of changes in service department costs and strategic business units affect company performance.
Explain how cost-volume-profit analyses and cost behaviour analyses can be used to predict the impact of changes in the business environment.
Reproduce the steps for preparing flexible, static, production and labour budgets.
Compare and contrast Return on Investment and Residual Income Performance measures.
Use financial tools to calculate relevant costs to support Human Resource decision-making in alignment with company strategy.

Evaluation Plan
Students demonstrate their learning in the following ways:

Evaluation Plan: ONLINE

	Assignment 1	20.0%
	Assignment 2	20.0%
	Midterm test	30.0%
	Final test	30.0%
	Total	100.0%

Evaluation Notes and Academic Missed Work Procedure:

Note:  A passing grade is defined as 50%. 

TEST AND ASSIGNMENT PROTOCOL

The following protocol applies to every course offered by Continuing and Professional Studies.

1. Students are responsible for staying abreast of test dates and times, as well as due dates and any special instructions for submitting assignments and projects as supplied to the class by the instructor.

2. Students must write all tests at the specified date and time. Missed tests, in-class/online activities, assignments and presentations are awarded a mark of zero. The penalty for late submission of written assignments is a loss of 10% per day for up to five business days (excluding Sundays and statutory holidays), after which, a grade of zero is assigned. Business days include any day that the college is open for business, whether the student has scheduled classes that day or not.  An extension or make-up opportunity may be approved by the instructor at his or her discretion.

Evaluation Plan: IN-CLASS

	Assignment 1	20.0%
	Assignment 2	20.0%
	Midterm test	30.0%
	Final Test	30.0%
	Total	100.0%

Evaluation Notes and Academic Missed Work Procedure:

Note:  A passing grade is defined as 50%. 

TEST AND ASSIGNMENT PROTOCOL

The following protocol applies to every course offered by Continuing and Professional Studies.

1. Students are responsible for staying abreast of test dates and times, as well as due dates and any special instructions for submitting assignments and projects as supplied to the class by the instructor.

2. Students must write all tests at the specified date and time. Missed tests, in-class/online activities, assignments and presentations are awarded a mark of zero. The penalty for late submission of written assignments is a loss of 10% per day for up to five business days (excluding Sundays and statutory holidays), after which, a grade of zero is assigned. Business days include any day that the college is open for business, whether the student has scheduled classes that day or not.  An extension or make-up opportunity may be approved by the instructor at his or her discretion.

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

Essential Employability Skills
Essential Employability Skills emphasized in the course:

Numeracy - Execute mathematical operations accurately.
Communication Skills - Communicate clearly, concisely and correctly in the written, spoken, visual form that fulfills the purpose and meets the needs of the audience.
Critical Thinking & Problem Solving Skills - Use a variety of thinking skills to anticipate and solve problems.
Information Management Skills - Analyze, evaluate, and apply relevant information from a variety of sources.

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
Notes:

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.

Print	Instruction Mode	Professor	Applicable Student Group(s)
	In-Class	Multiple Professors	Continuing Education Students.
	Online	Multiple Professors	Continuing Education Students.

Sheridan Policies

It is recommended that students read the following policies in relation to course outlines:

Academic Integrity
Copyright
Intellectual Property
Respectful Behaviour
Accessible Learning

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

Appropriate use of generative Artificial Intelligence tools: In alignment with Sheridan's Academic Integrity Policy, students should consult with their professors and/or refer to evaluation instructions regarding the appropriate use, or prohibition, of generative Artificial Intelligence (AI) tools for coursework. Turnitin AI detection software may be used by faculty members to screen assignment submissions or exams for unauthorized use of artificial intelligence.

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. 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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