ACCG70007
Managerial Accounting 1
 
  I: Administrative Information   II: Course Details   III: Topical Outline(s)  Printable Version   Public
 
Section I: Administrative Information
  Credit Value: 3.5
Credit Value Notes: N/A
Effective: Spring/Summer 2013
Prerequisites: (ACCG17937)
Corequisites: N/A
Equivalents:
N/A
Pre/Co/Equiv Notes: N/A

Course Name (short): Managerial Accounting 1
School:
Continuing Ed & Corp Training
Program(s): N/A
Program Coordinator(s): N/A
Course Leader or Contact: Multiple Course Leaders
Originator: Jennifer Frost
Designate: Jennifer Frost
Version:
1.0
Status: Approved - Under Rev (AREV)

Calendar Description
Explore the background, goals and methods of managerial accounting. Topics include manufacturing statements; job order costing; contribution approach; activity-based costing; cost-volume-profit analysis; and the master budget. MS Excel software is required. This course is delivered through OntarioLearn.

Typical Instructional Format

Distance Education
48.0
Total hours: 48.0

Courses may be offered in other formats.

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

 
 
Section II: Course Details

Detailed Description
This course introduces managerial accounting concepts and terminology including the elements of a job costing system, the application of cost-volume-profit analysis the application of relevant costs to special decisions, including how they fit with the preparation of master budgets. This course is delivered through OntarioLearn.

Program Context

  N/A

Course Critical Performance and Learning Outcomes

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

1. Explain the basic purposes of a cost accounting system including 
its use in the managerial functions of planning, control, and special
decision making. 

2. Define basic cost terminology, cost concepts, and classifications
of cost. 

3. Apply the concepts of product costing for a job-cost system in a
manufacturing environment. 

4. Apply the concepts of cost, volume, and profit analysis. 

5. Prepare a production report and related journal entries to record
the flow of materials, labour, and overhead in a process costing
system for a manufacturing enterprise. 

6. Prepare the schedules involved in setting up an Activity-Based Cost
System and the schedules used in analyzing the costs charged to a
particular job or project. 

Evaluation Plan
Students demonstrate their learning in the following ways:

 
Assignments: 40%
Unit Tests: 20%
Final Exam: 40%
Provincial Context
The course meets the following Ministry of Training, Colleges and Universities requirements:

 

Essential Employability Skills
Essential Employability Skills emphasized in the course:

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

Notes: N/A

Prior Learning Assessment and Recognition
PLAR Contact: Multiple PLA Contacts

Students may apply to receive credit by demonstrating achievement of the course learning outcomes through previous life and work experiences. 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
Garrison, Chesley, Carroll and Webb. 
McGraw-Hill Ryerson. 
9th edition
ISBN: 9780071318891

Applicable student group(s): All
Course Details:
Not Available


Academic Honesty
The principle of academic honesty 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 faculty member, or otherwise submitting work that is not the student's own violates this principle and will not be tolerated. Instances of academic dishonesty, including assisting another student to cheat, will be penalized as detailed in the Student Handbook.

Students who have any questions regarding whether or not specific circumstances involve a breach of academic honesty are advised to discuss them with the faculty member prior to submitting the assignment in question.

Discrimination and Harassment
Sheridan is committed to provide a learning environment that respects 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 are available in the Student Handbook.
 
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