ACCG29014
Accounting for Non-Accounting Managers
Sheridan College Logo
 
  I: Administrative Information   II: Course Details   III: Topical Outline(s)  Printable Version
 
Section I: Administrative Information
  Total hours: 42.0
Credit Value: 3.0
Credit Value Notes: N/A
Effective: Winter 2013
Prerequisites: N/A
Corequisites: N/A
Equivalents:
N/A
Pre/Co/Equiv Notes: N/A

Program(s): Bachelor of EC Leadership
Program Coordinator(s): Nathalie DiFrancesco
Course Leader or Contact: Nathalie DiFrancesco
Version:
2.0
Status: Approved (APPR)

Section I Notes: N/A

 
 
Section II: Course Details

Detailed Description
Students examine the role of financial and managerial aspects of accounting information that can be applied in early childhood programs. The course presents foundations of financial statement compilation and fundamental tools used to critique an organization┐s performance. Students further develop information for decision making to meet the needs and goals of a profit or not-for-profit organization.

Program Context

 
Bachelor of EC Leadership Program Coordinator: Nathalie DiFrancesco
This is a Year 3 Semester 6 course for this Bachelor of Applied Arts in Early Childhood Leadership. This course is designed to provide a general overview of managerial accounting in the context of early childhood programs.


Course Critical Performance and Learning Outcomes

 
 Critical Performance
By the end of this course, students demonstrate the ability to 
prepare and evaluate simple GAAP financial statements and internal 
management reports. 

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

1. Communicate clearly and concisely in written, spoken and graphic
   form.
2. Generate alternative, innovative solutions to business problems 
   using critical analysis and creativity. 
3. Evaluate the correctness and usefulness of financial information 
   using established audit techniques.
4. Prepare simple GAAP appropriate financial statements and internal 
   management reports for decision making.
5. Prepare timely and accurate submissions for all course
   requirements that reflect the qualities and transferable skills 
   necessary for employment including the exercise of personal 
   responsibility and decision-making.
6. Evaluate personal limitations in the areas of financial and 
   managerial accounting knowledge. 

Evaluation Plan
Students demonstrate their learning in the following ways:

 
Students demonstrate their learning in the following ways:

Exam 1 
(Case studies 15%; Short answer/essay/project 15%)        30%
Individual Assignments (Four assignments)                 40%
Exam  2 
(Case studies 15%; Short answer/essay/project 15%)        30%

	Total                                            100%

TEST AND ASSIGNMENT PROTOCOL  
 
To encourage behaviors that will help students to be successful in 
the workplace and to ensure that students receive credit for their 
individual work, the following rules apply to every course offered 
within the Faculty of Applied Health and Community 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 professor.
2. Students must write all tests at the specified times. Missed 
   tests, in-class activities, assignments and presentations are
   awarded a mark of zero.  If an extension or make-up opportunity 
   is approved by the professor as outlined below, the mark of zero 
   may be revised by subsequent performance.  The penalty for late 
   submission of written assignments is a loss of 10% per day for up 
   to five business days (excluding weekends 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.  
3. Students, who miss a test or in-class activity or assignment or 
   fail to submit an assignment on time due to exceptional 
   circumstances, are required to notify their professor in advance 
   of the class whenever possible.  A make-up test may be supplied 
   for students who provide an acceptable explanation of their 
   absence and/or acceptable documentation explaining their absence 
   (e.g., a medical certificate). All make-up tests are to be 
   written at a time and place specified by the professor upon the 
   student's return. Alternately, students may be given an 
   opportunity to earn the associated marks by having a subsequent 
   test count for the additional marks. Exceptional circumstances 
   may result in a modification of due dates for assignments.
4. Unless otherwise specified, assignments and projects must be 
   submitted at the beginning of class. 
5. Students must complete every assignment as an individual effort 
   unless, the professor specifies otherwise.
6. Since there may be instances of grade appeal or questions 
   regarding  the timely completion of assignments and/or extent of 
   individual  effort, etc., students are strongly advised to keep, 
   and make available to their professor, if requested, a copy of all
   assignments and working notes until the course grade has been   
   finalized.  
7. There will be no resubmission of work unless this has been 
   previously agreed to or suggested by the professor. 
8. Students must submit all assignments in courses with practical 
   lab and field components in order to pass the course.
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.
Effective term: Winter 2013
Professor: Nathalie DiFrancesco
Textbook(s):
Required:  
Horngren, G., Sundem, W., Stratton, H., & Beaulieu, P. (2012) 
Management Accounting (6h ed.). Toronto: Pearson Education Canada.

Applicable student group(s): BAA in Early Childhood Leadership
Course Details:
Module 1

Unit 1 
 - Introduction to the course and expectations 
 - Team project
 - Audience identification
 - The Nature of the Environment
 - Intro to Financial Accounting

Readings and Assignments: Chapter 1

Unit 2
 - The Transactions; specialized journals and entries

Readings and Assignments: Assigned readings, Complete assigned 
questions

Unit 3
 - The Statements; how to build them, their characteristics

Readings and Assignments: In Class Assignment - 2.5%

Unit 4
 - Analyzing the Statements

Readings and Assignments: Work on Assignment 1

Unit 5 
 - Financial case analysis 
 - Reporting and auditing 

Readings and Assignments: Assignment 1 due - 15%

Unit 6
 - Intro to Management Accounting Systems; service organizations

Readings and Assignments: Chapter 2

Unit 7
 - Mid-term exam

Readings and Assignments: Mid-term exam - 30% (15% case, 15% short 
answer/essay)

Unit 8 
 - Cost behaviours - costing approaches; product costing (job and 
process)
 - allocated costs
 - activity based costing

Readings and Assignments: Chapter 5 & 6

Unit 9
 - Capital Budgeting Decisions

Readings and Assignments: In Class Assignment - 2.5%, Read Chapter 10

Unit 10
 - Budgeting

Readings and Assignments: Chapter 11

Unit 11
 - Management reporting
 - variance analysis
 - flexible budgeting 

Readings and Assignments: Chapter 12

Unit 12
 - Performance Evaluation
 - Balanced Scorecard and Management Control 

Readings and Assignments: Chapter 13 & 14, Assignment 2 - 20%

Unit 13 - Specialized topics:
 - Needs vs. scarce resources
 - Fund accounting processes
 - Applying for grants
 - Government funding/subsidies

Readings and Assignments: Assigned readings

Unit 14 
 - Final Exam 

Readings and Assignments: Exam - 30%


Sheridan Policies

All Sheridan policies can be viewed on the Sheridan policy website.

Academic Integrity: The principle of academic integrity requires that all work submitted for evaluation and course credit be the original, unassisted work of the student. Cheating or plagiarism including borrowing, copying, purchasing or collaborating on work, except for group projects arranged and approved by the professor, or otherwise submitting work that is not the student's own, violates this principle and will not be tolerated. Students who have any questions regarding whether or not specific circumstances involve a breach of academic integrity are advised to review the Academic Integrity Policy and procedure and/or discuss them with the professor.

Copyright: A majority of the course lectures and materials provided in class and posted in SLATE are protected by copyright. Use of these materials must comply with the Acceptable Use Policy, Use of Copyright Protected Work Policy and Student Code of Conduct. Students may use, copy and share these materials for learning and/or research purposes provided that the use complies with fair dealing or an exception in the Copyright Act. Permission from the rights holder would be necessary otherwise. Please note that it is prohibited to reproduce and/or post a work that is not your own on third-party commercial websites including but not limited to Course Hero or OneNote. It is also prohibited to reproduce and/or post a work that is not your own or your own work with the intent to assist others in cheating on third-party commercial websites including but not limited to Course Hero or OneNote.

Intellectual Property: Sheridan's Intellectual Property Policy generally applies such that students own their own work. Please be advised that students working with external research and/or industry collaborators may be asked to sign agreements that waive or modify their IP rights. Please refer to Sheridan's IP Policy and Procedure.

Respectful Behaviour: Sheridan is committed to provide a learning environment that supports academic achievement by respecting the dignity, self-esteem and fair treatment of every person engaged in the learning process. Behaviour which is inconsistent with this principle will not be tolerated. Details of Sheridan's policy on Harassment and Discrimination, Academic Integrity and other academic policies are available on the Sheridan policy website.

Accessible Learning: Accessible Learning coordinates academic accommodations for students with disabilities. For more information or to register, please see the Accessible Learning website (Statement added September 2016)

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. Any changes to course curriculum and/or assessment shall adhere to approved Sheridan protocol. 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.


[ Printable Version ]

Copyright © Sheridan College. All rights reserved.