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: Fall 2017
Prerequisites: ACCG70016
Corequisites: N/A
Equivalents: ACCG70011
Pre/Co/Equiv Notes: N/A

Program(s): Canadian Institute of Manageme, Management Development Studies
Program Coordinator(s): N/A
Course Leader or Contact: N/A
Version: 20170905_00
Status: Approved (APPR)

Section I Notes: This is a Seneca College course that is offered through Sheridan FCAPS. Students who register for the course through Sheridan will receive credit from Sheridan College only. Access to the course materials will be through OntarioLearn.com.

Section II: Course Details

Detailed Description
The focus of this course is to provide students with an understanding of accounting, financial statements analysis, and managerial accounting-based decisions used by business and human resources managers. The fundamental principles of financial and management accounting will be combined with practical applications relating to various organizational forms. Using accounting information to help effect plans, controls, and decisions will be emphasized.

Program Context

Canadian Institute of Manageme	Program Coordinator(s): N/A
n/a
Management Development Studies	Program Coordinator(s): N/A
n/a

Course Critical Performance and Learning Outcomes

	Critical Performance:
	N/A

Learning Outcomes:

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

Describe and apply basic financial accounting principles and explain how financial statements are compiled, reported, and analysed
Explain how business organizations impact the financial structure, tax implication, and operations
Explain financial statements relationships, classifications, contents and formats, and how to use them in Human Resources Management
Explain the techniques used in financial statements analysis and interpretation
Describe the need for internal controls and the procedures for payroll administration and payroll liability
Describe the cost types, cost behavior, and how to use the cost-volume-profit analysis in decision making
Prepare operating and financial budgets and evaluation of capital projects for to support short and long term operations of a business
Describe the importance of accounting information in the operations of a business and how it impacts upon management decisions in terms of assessing the needs of responsibility accounting and assisting in the planning process
Apply effective written communication skills to convey information and findings

Evaluation Plan
Students demonstrate their learning in the following ways:

Evaluation Plan: ONLINE

	Quizzes	20.0%
	Discussions	20.0%
	Individual Assignment	30.0%
	Final Exam	30.0%
	Total	100.0%

Evaluation Notes and Academic Missed Work Procedure:

This final exam must be wriitten in person. All the academic policies of the College at which you registered apply. This includes, but is not limited to, policies related to grading, supplemental exams, deferred exams and accommodations.

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
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):

Other
Notes: This course is delivered through OntarioLearn at ontariolearn.com and is hosted by (Seneca College) SE-HRM732.

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.
Instruction Mode: Online
Professor: Multiple Professors
Resource(s):

	Type	Description
Required	Textbook	Managerial Accounting, Jiambalvo, John Wiley and Sons Canada Ltd., 6, ISBN 9781119158011
Required	Textbook	Selected Chapters from Weygandt: Accounting Principles, Weygandt, John Wiley and Sons Canada Limited, 7 Parts 1 and 2, ISBN 9781119048503

Applicable student group(s): All
Course Details:

Accounting: The Financial Information System

The purpose and objctives of accounting
- Concepts, techniques and conventions
Accounting reports: the balance sheet
- The income statement, the statement of retained earnings, the statement of changes in financial position.

Managerial Accounting: Cost Behaviour and Cost Accumulation for Decision Making

Cost behaviour and cost volume relationships
Cost allocation systems and activity-based costing including service department costing
Relevant costs for decision making
Job costing, process costing and transfer pricing

Managerial Accounting: Budgeting and Budgetary Control

Budget preparation
Budgetary control: Responsibility accounting and decentralized organizations
Risk determination through sensitivity analysis
Long-term planning

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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