Instruction Mode: In-Class
Professor: Multiple Professors
Resource(s): | Type | Description | Required | Textbook | Introduction to Managerial Accounting, Peter Brewer, Ray Garrison, Eric Noreen, Suresh Kalagnanam, Ganesh Vaidyanathan, McGraw Hill, 6 Canadian Edition, 2020 |
Required | Other | Students will be required to use Connect. It is included with new copies of the textbook. Connect also includes an e-book so purchasing a hard copy of the textbook is optional. Connect can be purchased separately directly from the McGraw-Hill website. |
Applicable student group(s): Human Resource Management Ontario College Graduate Certificate
Course Details: Module 1: Introduction to Financial and Managerial Accounting
- An Introduction to Managerial Accounting
- Financial Accounting: The Record Keeping and External Reporting System (Financial Accounting supplement)
- Cost Concepts
- Cost Behaviour: Analysis and Use
References: Chapters 1, 2, 6
Learning Outcomes: 1, 2, 4, 5, 6
Evaluation: Quiz 1 (4%), Test 1 (25%)
Module 2: Activity-Based Costing, Cost-Volume-Profit Analysis and Budgeting
- Activity-Based Costing
- Cost-Volume-Profit Relationships
- Budgeting
- Standard Costs and Variances
- Flexible Budgets and Overhead Analysis
References: Chapters 7, 8, 11
Learning Outcomes: 4, 5, 6, 8, 9
Evaluation: Quiz 2 (4%), Individual Assignment (5%), Test 2 (25%)
Module 3: Costs in Decision Making
- Relevant Costs for Decision Making
- Capital Budgeting Decisions
- Organizational Structure and Performance Measurement
- "How well am I doing?" Financial Statement Analysis
References: Chapters 9, 10, 12, 13
Learning Outcomes: 3, 4, 5, 6, 7, 8, 9, 10, 11
Evaluation: Quiz 3 (4%), Group Assignment (8 %), Test 3 (25%)