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 2021
Prerequisites: (ACCG16971 OR ACCG70016)
Corequisites: N/A
Equivalents: ACCG50123
Pre/Co/Equiv Notes: N/A

Program(s): Canadian Institute of Manageme, Certified Payroll Manager, Human Resource - Certified Hum, Human Resource -Certified Hum, Human Resource Management
Program Coordinator(s): Bruce Goldie
Course Leader or Contact: N/A
Version: 20210907_00
Status: Approved (APPR)

Section I Notes: Access to course materials and assignments will be available on Sheridan's Learning and Teaching Environment (SLATE). Students will need reliable access to a computer and the internet.

Section II: Course Details

Detailed Description
Students explore the tools used in financial and management accounting and 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. Students examine the roles of financial and managerial accounting, extracting data from financial statements, analyzing cost behaviour, preparing operating budgets, and interpreting budgetary variances. Prerequisite(s): ACCG70016 Financial Accounting 1

Program Context

Canadian Institute of Manageme	Program Coordinator(s): N/A
This is an approved compulsory course in the Canadian Institute of Management program.
Certified Payroll Manager	Program Coordinator(s): N/A
This is an elective course in the Canadian Payroll Association - Payroll Certification Programs.
Human Resource - Certified Hum	Program Coordinator(s): Bruce Goldie
This is a compulsory course in the Human Resource - Certified Human Resources Leader program.
Human Resource -Certified Hum	Program Coordinator(s): N/A
This is a compulsory course in the Human Resource - Certified Human Resources Professional program.
Human Resource Management	Program Coordinator(s): Bruce Goldie
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:

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

Discuss the roles and functions of both managerial and financial accounting in a business organization context.
Extract data from the basic set of financial statements used in a business enterprise according to generally accepted accounting principles (GAAP).
Interpret company performance based on financial statements using ratio analysis and measures of return on investment.
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.
Analyze cost behavior through break-even, c-v-p analysis, and cost accounting methods and techniques.
Evaluate business decisions for sales, operational, and service departments including transfer pricing, and activity based costing.
Prepare operating budgets, i.e., flexible, static, production, and materials.
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:

Evaluation Plan: ONLINE

	Assignments (4 @ 5% each)	20.0%
	Discussions (10 @ 1% each)	10.0%
	Quizzes (5 @ 7% each)	35.0%
	Final Exam (Online)	35.0%
	Total	100.0%

Evaluation Notes and Academic Missed Work Procedure:

TEST AND ASSIGNMENT PROTOCOL

The following protocol applies to every course offered by Continuing and Professional Studies.

1. Students are responsible for staying abreast of test dates and times, as well as due dates and any special instructions for submitting assignments and projects as supplied to the class by the instructor.

2. Students must write all tests at the specified date and time. Missed tests, in-class/online activities, assignments and presentations are awarded a mark of zero. The penalty for late submission of written assignments is a loss of 10% per day for up to five business days (excluding Sundays and statutory holidays), after which, a grade of zero is assigned. Business days include any day that the college is open for business, whether the student has scheduled classes that day or not.  An extension or make-up opportunity may be approved by the instructor at his or her discretion.

Evaluation Plan: IN-CLASS

	Assignments (4 @ 5% each)	20.0%
	In-class work (10 @ 1% each)	10.0%
	Mid Term Test	35.0%
	Final Exam	35.0%
	Total	100.0%

Evaluation Notes and Academic Missed Work Procedure:

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 Colleges and Universities requirements:

Essential Employability Skills
Essential Employability Skills emphasized in the course:

Numeracy - Execute mathematical operations accurately.

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):

Challenge Exam
Notes:

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	IN-CLASS TOPICAL: Continuing Education Students.
	Online	Multiple Professors	ONLINE TOPICAL: Continuing Education Students

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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