ACCG42002D
Advanced Managerial Acctg
Sheridan
 
  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 2021
Prerequisites: ACCG32003D
Corequisites: N/A
Equivalents: N/A
Pre/Co/Equiv Notes: 75 credits including ACCG32003D

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): Lorraine Alyea, Sathy Sritharakumar, Carol Bureau, Maryam Hafezi, Mark Weaver
Course Leader or Contact: N/A
Version: 20210118_00
Status: Approved (APPR)

Section I Notes: This course will be delivered in hybrid format.

 
 
Section II: Course Details

Detailed Description
Students use management accounting information to design reports fordecision making. Using a case-based approach, students performanalyses to support managerial decisions, design and implementeffective management control systems, and take into account theethical responsibilities of a management accountant. Topics includecost control tools and techniques, management incentives andperformance measures, budgeting and transfer pricing. The importanceof understanding ethical issues in management accounting is stressed.Through the use of interactive lectures, classroom problem-solvingactivities, group work and case study assignments students developtheir proficiency in management accounting techniques.

Program Context

 
Bach Bus Admin Market Manage Program Coordinator(s): Carol Bureau
This course is an elective course in the Bachelor of Business Administration (BBA) Accounting program as well as BBA Finance, BBA Human Resources, BBA Marketing and BBA Supply Chain Management. It further develops the use of management information, processes, controls and decision making. This course is designed to meet the requirements for the professional accounting program of study.

Bach Business Admin Accounting Program Coordinator(s): Lorraine Alyea
This course is an elective course in the Bachelor of Business Administration (BBA) Accounting program as well as BBA Finance, BBA Human Resources, BBA Marketing and BBA Supply Chain Management. It further develops the use of management information, processes, controls and decision making. This course is designed to meet the requirements for the professional accounting program of study.

Bach Business Admin Finance Program Coordinator(s): Mark Weaver
This course is an elective course in the Bachelor of Business Administration (BBA) Accounting program as well as BBA Finance, BBA Human Resources, BBA Marketing and BBA Supply Chain Management. It further develops the use of management information, processes, controls and decision making. This course is designed to meet the requirements for the professional accounting program of study.

Bach Human Resources Program Coordinator(s): Sathy Sritharakumar
This course is an elective course in the Bachelor of Business Administration (BBA) Accounting program as well as BBA Finance, BBA Human Resources, BBA Marketing and BBA Supply Chain Management. It further develops the use of management information, processes, controls and decision making. This course is designed to meet the requirements for the professional accounting program of study.

BachBus Admin Spply Chain Mgmt Program Coordinator(s): Maryam Hafezi
This course is an elective course in the Bachelor of Business Administration (BBA) Accounting program as well as BBA Finance, BBA Human Resources, BBA Marketing and BBA Supply Chain Management. It further develops the use of management information, processes, controls and decision making. This course is designed to meet the requirements for the professional accounting program of study.


Course Critical Performance and Learning Outcomes

  Critical Performance:
Critical Performance By the end of this course, students will have demonstrated the ability to recommend strategies using appropriate and relevant management accounting reports, tools and techniques.
 
Learning Outcomes:

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

  1. Discuss the management accounting role in achieving a firm's strategy.
  2. Recommend various tools and techniques for controlling costs and influencing a positive economic outcome and working environment.
  3. Design incentives for ensuring managers and employees achieve goal congruence with the firm.
  4. Design performance measures and balanced scorecards for ensuring the firm is effective and efficient in meeting its strategies.
  5. Analyze a company's existing budgeting system and process for efficiency and appropriateness to the industry and company environment.
  6. Evaluate transfer pricing options that are suitable given an entity's operating environment and strategies.
  7. Appraise the strengths and shortcomings of cost management and performance measurement systems.
  8. Demonstrate professional behaviours including: a. work effectively in a team environment 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
 Quizzes (10 x 1.5%)15.0%
 Group Assignments (2 x 7.5%)15.0%
 Midterm Exam (Module 1 - 6)30.0%
 Final Exam (Cumulative)40.0%
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.
Instruction Mode: In-class & Online Instruction
Professor: Multiple Professors
Resource(s):
 TypeDescription
RequiredTextbookCost Accounting: A Managerial Emphasis, Horngren, C.T., Datar, Rajan, Beaubien and Graham, Pearson Prentice Hall, Seventh Canadian Edition, 2015

Applicable student group(s): Bachelor of Business Administration
Course Details:

Note: Learning Outcome 9 will be inherent and apparent within each
evaluation.

Module  1: Management Accounting, Strategy, Decision Making and Ethics
1. Discuss how management accountants contribute to successful
   strategic decision making.
2. Discuss the application of the five steps of decision making to
   strategic decision-making
3. Discuss the role of ethics and corporate governance from a
   managerial accounting perspective
4. Evaluates cost classifications and costing methods for management
   of ongoing operations
Learning Outcomes: 1, 2

Module 2: Variance and Customer Profitability Analysis: sales and
volume variances, Activity-Based Costing (ABC), customer profitability
analysis
1. Compute, analyze, and assess the implications of the different
   sales variances.
2. Uses sales variances to evaluate the sources and drivers of
   revenue growth.
3. Apply an ABC system to assess the profitability of a customer and
   the strategic implications of keeping the customer.
Learning Outcomes: 2, 3
Assessment: Quiz #1 (2%)

Module 3: Quality and Time: Cost and benefits of quality improvements
and theory of constraints
1. Apply the concepts of quality, quality control, and quality
   assurance, for products and services.
2. Apply quality measurement tools such as Six Sigma
3. Identify quality measurement tools (statistical quality control
   charts, Pareto diagrams, and cause-and-effect diagrams)
4. Use cost management methodologies, such as Total Quality
   Management (TQM), Business Process Management (BPM) and Lean
   Management
5. Evaluates sustainable profit maximization and capacity management
   performance using the theory of constraints.
Learning Outcomes:  2, 3, 4
Assessment: Assignment #1 (5%)

Module 4: Inventory Management: Economic Order Quantity (EOQ),
Just-in-time (JIT), Material Requirements Planning (MRP) and
Enterprise Resource Planning (ERP) systems, Supply Chain Management
1. Evaluate inventory management using accepted frameworks (JIT, MRP,
   and ERP systems)
2. Use the accepted frameworks to recommend improvements to reporting
   systems to meet information needs
3. Supply Chain and Value Chain
   a. Identify the components and objectives of supply chain
      management.
   b. Strategic supplier networks and relationship management 
Learning Outcomes: 2, 3, 4
Assessments: Quiz #2 (2%)

Module 5: Budgeting - Linking Performance to Marketplace including
Master Budget
1. Distinguish among sensitivity analysis, Kaizen budgeting, and a
   activity-based budgeting.
2. Assess the performance implications of different types of
   budgeting (master budgets, activity-based budgeting, etc.).
Learning Outcomes: 3, 5
Assessment: Assignment #2 (5%), Quiz #3 (2%)

Assessment: Mid-term exam - Modules 1 - 5 (25%)

Module 6: Budgeting - Linking Performance to Marketplace including
Capital Budgeting
1. Assess the performance implications of different methods of
   capital budgeting.
2. Discuss and assess the links between strategic decision making and
   capital budgeting
3. Assess the risk associated with capital budgeting decisions.
Learning Outcomes:  5
Assessment: Assignment #3 (5%)

Module 7: Management Control Systems and Transfer Pricing: Linking
Performance with Systems
1. Discuss and assess management control systems from a strategic and
   performance perspective:
   a. Advantages and disadvantages of various organization  structures
      i. simple, divisional, and matrix designs
      ii. centralized versus decentralized designs
      iii. narrow and broad span of control
2. Discuss international transfer pricing considerations.
3. Analyze and assess the performance and other implications of
   international transfer pricing.
Learning Outcomes:  6, 7
Assessment: Quiz #4 (2%)

Module 8: Strategy, Balanced Scorecard and  Strategic Profitability
Analysis
1. Discuss generic strategies (i.e. product differentiation, cost
   leadership) and develop appropriate balanced scorecard measures.
2. Evaluate strategic success using balance scorecard measures.
3. Analyze the impact of strategic decisions on financial results.
Learning Outcome: 4
Assessment: Assignment #4 (5%)

Module 9: Performance Measurement, Compensation and Multinational
Considerations
1. Discuss the advantages and disadvantages of various organizational
   performance measurement systems.
2. Analyze the implications of different types of performance m
   measurement, evaluation, and incentive (compensation) systems
3. Discuss and assess the strategic implication of performance
   measurement and compensation in a multinational context
Learning Outcomes:  5, 6, 7
Assessment: Quiz #5 (2%)
Assessment: Group Presentations - Modules 1 through 9 (10%)

Final exam - Modules 1 through 9 (35%)



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