ACCG70011
Finance and Managerial Accounting
 
  I: Administrative Information   II: Course Details   III: Topical Outline(s)  Printable Version   Public
 
Section I: Administrative Information
  Credit Value: 3.0
Credit Value Notes: N/A
Effective: Fall 2013
Prerequisites: (ACCG16971 OR ACCG70016)
Corequisites: N/A
Equivalents:
ACCG50123
Pre/Co/Equiv Notes: N/A

Course Name (short): Finance & Managerial Accting
School:
All Sheridan Schools
Program(s): Human Resource Management
Program Coordinator(s): Bonni Titgemeyer
Course Leader or Contact: Keith Roode
Originator: Jacqueline Walsh
Designate: Jacqueline Walsh
Version:
10.0
Status: Approved - Under Rev (AREV)

Calendar Description
Examine fundamentals of financial and managerial accounting to assess current company performance and forecast future results. Study various applications of managerial accounting including cost behaviour, budgeting, variance analyses, and relevant costs in decision making

Typical Instructional Format

Lecture
42.0
Total hours: 42.0

Courses may be offered in other formats.

Section I Notes: This course is offered in a classroom version and an online version. The online version is a web-based course offered entirely online through Sheridan and hosted by Sheridan College. Students taking this course will need reliable access to the internet, and should have a basic level of comfort using computers as well as the self-discipline to study online. Students can expect to spend an additional three hours per week for online activities such as tutorials and projects. In addition, students need to have access to minimum hardware and operating system requirements in order to utilize online training, exams, and projects to complete tests. .

 
 
Section II: Course Details

Detailed Description
Students are introduced to the tools needed in financial and management accounting and learn to apply basic accounting principles to interpret financial data. Financial data is significant not only in the effective administration of the human resources function, but also in relation to the organization as a whole. Topics covered include: the roles of financial and managerial accounting, extracting data from financial statements, analyzing cost behaviour, preparing operating budgets, and interpreting budgetary variances For the online course students can expect to participate in online activities including online discussions, submitting online assignments, online assessments [i.e. quizzes] as well as a proctored exam.

Program Context

 
Human Resource Management Program Coordinator: Bonni Titgemeyer
Program: Human Resource Management Program Coordinator: Bonni Titgemeyer 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, students will have demonstrated the 
ability to interpret managerial accounting and finance reports in the 
role of the Human Resources Professional and the business 
organization as a whole.
 
Learning Outcomes Replace

To achieve the critical performance, students will have demonstrated 
the ability to:
1.	Discuss the roles and functions of both managerial and  
          financial accounting in a business organization context.
2.	Extract data from the basic set of financial statements  
          used in a business enterprise according to generally   
          accepted accounting principles (GAAP).
3.	Interpret company performance based on financial statements 
          using ratio analysis and measures of return on investment.
4.	Apply various methods and techniques in cost behavior 
          categories and classifications of costs and how they vary  
          with changes within service departments and strategic 
          business units.
5.	Analyze cost behavior through break-even, c-v-p analysis, 
          and cost accounting methods and techniques.
6.	Evaluate business decisions for sales, operational, and 
          service departments including transfer pricing, and 
          activity based costing
7.	Prepare operating budgets, i.e. Flexible, static, 
          production, and materials
8.	Discuss performance measures such as Manufacturing Cycle 
          Efficiency, Process time, and Residual Income for business 
          units such as cost, revenue, and investment centres. 

Evaluation Plan
Students demonstrate their learning in the following ways:

 
Students demonstrate their learning in the following ways:

Evaluation Plan
Students demonstrate their learning in the following ways:

In Class: 
Assignments (4 @ 5% each)	20%
In-class work (10 @ 1% each)	10%
Mid Term Test	                35%
Final Exam	                35%
Total	                       100%

Online:*
Assignments (4 @ 5% each)	20%
Discussions (10 @ 1% each)	10%
Quizzes (5 @ 7% each)           35%
Final Exam**	                35%
Total	                       100%

Please note: For the Online Course *Completion of assignments, 
discussions, and quizzes will be completed online. **The final exam 
will be in class proctored, students are expected to appear in 
person. 

For in class and online missed tests and/or exam will receive a 
grade of "zero" unless prior arrangements are made with the 
instructor's approval.  Late assignments may be penalized at the 
instructor's discretion.

Full participation and attendance is recommended for this course.  
Students who miss a class are responsible for any information 
discussed, assigned or distributed in that class period.

Students may withdraw up to the 3/4 point of the course duration
without academic penalty.  For example, if your course is 14 
sessions, you may withdraw (in writing) up to the 11th session 
without academic penalty.  If you withdraw after this point, you 
will receive the grade earned.  This policy applies only to courses 
and not seminars or workshops.
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   Critical Thinking & Problem Solving   Interpersonal
  Numeracy   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.
Print Effective Term Professor Applicable Student Group(s)
Fall 2013 Multiple Professors INCLASS TOPICAL: Continuing Education Students.
Fall 2013 Multiple Professors ONLINE TOPICAL: Continuing Education Students
 
[ Printable Version ]

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