ACCG22000D
Managerial Accounting		 Sheridan
 
  I: Administrative Information   II: Course Details   III: Topical Outline(s)  Printable Version
 

Land Acknowledgement

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Section I: Administrative Information
  Total hours: 42.0
Credit Value: 3.0
Credit Value Notes: N/A
Effective: Spring/Summer 2020
Prerequisites: ACCG12000D
Corequisites: N/A
Equivalents: N/A
Pre/Co/Equiv Notes: N/A

Program(s): Bach Bus Admin Market Manage, Bach Business Admin Accounting, Bach Business Admin Finance, Bach Human Resources, BachBus Admin Spply Chain Mgmt
Program Coordinator(s): Sean O'Flynn, Carol Bureau, Francis Fasanu, Maryam Hafezi, Mark Weaver
Course Leader or Contact: Alison Feierabend
Version: 20200519_00
Status: Approved (APPR)

Section I Notes: This course will be delivered in a face-to-face or hybrid format.
 
 
Section II: Course Details

Detailed Description
Students examine the reports, statements and analytical tools used by management, and the manner in which these are applied in planning, controlling, decision-making and performance evaluation. The key areas covered include cost accounting fundamentals, job and process costing, cost-volume-profit analysis, budgeting and control, inventory costing, and information for management control and decision analysis. A combination of interactive lectures, problem solving activities and case study analysis will be used to aid students in understanding the concepts and practices used in the field of managerial accounting.

Program Context

 
Bach Bus Admin Market Manage Program Coordinator(s): Carol Bureau
This required core course provides a foundation for higher level courses that use both quantitative and qualitative information for understanding the financial and operational performance of an organization. This course is designed to meet the requirements of professional accounting programs of study.

Bach Business Admin Accounting Program Coordinator(s): Francis Fasanu
This required core course provides a foundation for higher level courses that use both quantitative and qualitative information for understanding the financial and operational performance of an organization. This course is designed to meet the requirements of professional accounting programs of study.

Bach Business Admin Finance Program Coordinator(s): Mark Weaver
This required core course provides a foundation for higher level courses that use both quantitative and qualitative information for understanding the financial and operational performance of an organization. This course is designed to meet the requirements of professional accounting programs of study.

Bach Human Resources Program Coordinator(s): Sean O'Flynn
This required core course provides a foundation for higher level courses that use both quantitative and qualitative information for understanding the financial and operational performance of an organization. This course is designed to meet the requirements of professional accounting programs of study.

BachBus Admin Spply Chain Mgmt Program Coordinator(s): Maryam Hafezi
This required core course provides a foundation for higher level courses that use both quantitative and qualitative information for understanding the financial and operational performance of an organization. This course is designed to meet the requirements of professional accounting programs of study.


Course Critical Performance and Learning Outcomes

  Critical Performance:
By the end of this course, students will have demonstrated the ability to create internal reports and provide information for managerial decision making through the application of management accounting tools and techniques.
 
Learning Outcomes:

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

  1. Discuss the role of management accounting in achieving an Organization's strategic focus.
  2. Apply cost accounting terminology, concepts and procedures used to facilitate planning and decision making.
  3. Evaluate management information to determine the unit cost of a product (or service) and to make appropriate pricing decisions.
  4. Assess cost systems to determine an appropriate system (job order costing, process costing, activity-based costing, standard costing) for specific industries.
  5. Analyze a company's cost-volume-profit relationships to evaluate affects of change on the company's overall financial position.
  6. Evaluate make or buy decisions, special orders and constrained resources using relevant cost information for decision making.
  7. Design transfer pricing options that motivate all parties of the transaction.
  8. Analyze variances within costing systems to evaluate performance.
  9. Create master budgets that support an organization's strategies.
  10. Design a system for an organization using responsibility accounting.
  11. Demonstrate professional behaviours including: a. Work effectively in teams. b. Meet due dates. c. Produce professional quality assignments. d. Use reference materials responsibly.

Evaluation Plan
Students demonstrate their learning in the following ways:

 Evaluation Plan: IN-CLASS & ONLINE INSTRUCTION
 Online Pre-work and Homework19.0%
 Case Work Assignments (2 x 8%)16.0%
 Midterm Exam30.0%
 Final Exam (Cumulative)35.0%
Total100.0%

Evaluation Notes and Academic Missed Work Procedure:
In addition to achieving a minimum 50% overall grade, a student must have a combined average of at least 50% on the non-group components of the evaluation plan in order to receive credit for this course.



Evaluation Plan: IN-CLASS
 Online Pre-work and Homework19.0%
 Case Work Assignments (2 x 8%)16.0%
 Midterm Exam30.0%
 Final Exam (Cumulative)35.0%
Total100.0%

Evaluation Notes and Academic Missed Work Procedure:
In addition to achieving a minimum 50% overall grade, a student must have a combined average of at least 50% on the non-group components of the evaluation plan in order to receive credit for this course.

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

 

Prior Learning Assessment and Recognition
PLAR Contact (if course is PLAR-eligible) - Office of the Registrar

  • Not Eligible for PLAR
 
 
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 Bachelor of Business Administration
In-class & Online Instruction Multiple Professors Bachelor of Business Administration

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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