Introductory Managerial Accounting
Overview
- The Changing Role of Managerial Accounting
- Basic Cost Management Concepts
- Product Costing and Cost Accumulation
- Process Costing and Hybrid Product-Costing Systems
- Activity-Based Costing
- Activity Analysis, Cost Behaviour, and Cost Estimation
- Cost-Volume-Profit Analysis
- Absorption and Variable Costing
- Profit Planning and Activity-Based Budgeting
- Standard Costing, Flexible Budgeting and Variances
- Cost Management Tools
- Responsibility Accounting, Investment Centres, and Transfer Pricing
- Decision Making Relevant Costs and Benefits
Lectures and/or on-line
Evaluation will be carried out in accordance with Douglas College Evaluation Policy.
| Assignments and/or Tests and/or Case Analysis | 25% |
| Midterm Examination | 35% |
| Comprehensive Final Examination |
40% |
Students must write both the midterm examination and the final examination to obtain credit for the course.
Students may conduct research as part of their coursework in this class. Instructors for the course are responsible for ensuring that student research projects comply with College policies on ethical conduct for research involving humans, which can require obtaining Informed Consent from participants and getting the approval of the Douglas College Research Ethics Board prior to conducting the research.
At the end of the course, the successful student should be able to attain the following learning outcomes:
- Understand the factors that affect the design of management control systems
- Allocate and evaluate product or service costs of an enterprise applying various costing systems
- Examine the impact of product costing on pricing decisions
- Identify various ways costs are classified and determined; and how information needs and constraints affect the decision making process
- Develop a master budget system, and understand the elements of control and related behavioural implications
- Understand and explain the importance of professional ethics, corporate social responsibility, and corporate governance as factors in the long-term success of organizations
Textbooks and Materials to be Purchased by Students:
Textbook: Managerial Accounting 4th Canadian Edition. Wiley. By: Weygandt, Kimmel, Kieso and Aly, and/or other textbook(s) and materials approved by the Accounting department
Faculty of Commerce and Business Administration approved calculators.
Requisites
Prerequisites
Corequisites
Courses listed here must be completed either prior to or simultaneously with this course:
- No corequisite courses
Equivalencies
Courses listed here are equivalent to this course and cannot be taken for further credit:
- No equivalency courses
Course Guidelines
Course Guidelines for previous years are viewable by selecting the version desired. If you took this course and do not see a listing for the starting semester / year of the course, consider the previous version as the applicable version.
Course Transfers
These are for current course guidelines only. For a full list of archived courses please see https://www.bctransferguide.ca
| Institution | Transfer details for ACCT 2320 |
|---|---|
| Acsenda School of Management (ASM) | ASM ACCT 201A (3) |
| Athabasca University (AU) | AU ACCT 2XX (3) |
| Athabasca University (AU) | DOUG ACCT 2320 (3) & DOUG ACCT 3420 (3) = AU ACCT 2XX (3) & AU ACCT 355 (3) |
| BC Institute of Technology (BCIT) | BCIT FMGT 3210 (4) |
| Camosun College (CAMO) | CAMO ACCT 220 (3) |
| Capilano University (CAPU) | CAPU BFIN 244 (3) |
| Coast Mountain College (CMTN) | CMTN ACCT 252 (3) |
| College of the Rockies (COTR) | COTR ACCT 375 (3) |
| Columbia College (COLU) | COLU ACCT 254 (3) |
| Coquitlam College (COQU) | COQU ACCT 205 (3) |
| Langara College (LANG) | LANG FMGT 2294 (3) |
| North Island College (NIC) | NIC BUS 217 (3) |
| Okanagan College (OC) | OC BUAD 264 (3) |
| Simon Fraser University (SFU) | SFU BUS 254 (3) |
| Thompson Rivers University (TRU) | TRU ACCT 2251 (3) |
| Thompson Rivers University (TRU) | TRU ACCT 2250 (3) |
| Trinity Western University (TWU) | TWU BUSI 2XX (3) |
| Trinity Western University (TWU) | DOUG ACCT 1110 (3) & DOUG ACCT 1210 (3) & DOUG ACCT 2320 (3) = TWU BUSI 121 (3) & TWU BUSI 222 (3) & TWU BUSI 2XX (3) |
| University Canada West (UCW) | UCW ACCT 301 (3) |
| University of British Columbia - Okanagan (UBCO) | UBCO MGMT_O 202 (3) |
| University of British Columbia - Vancouver (UBCV) | UBCV COMM_V 294 (3) |
| University of Northern BC (UNBC) | UNBC COMM 211 (3) |
| University of the Fraser Valley (UFV) | UFV BUS 247 (3) |
| University of Victoria (UVIC) | UVIC COM 317 (1.5) |
| Vancouver Community College (VCC) | VCC ACCT 2035 (3) |
| Vancouver Island University (VIU) | VIU ACCT 294 (3) |
Course Offerings
Winter 2025
| CRN | Days | Instructor | Status | More details |
|---|---|---|---|---|
|
CRN
12537
|
Tue | Instructor last name
Singh
Instructor first name
Taj
|
Course status
Waitlist
|
This course will include synchronous on-line activities. Students should plan to be available on-line at scheduled course times.
| CRN | Days | Instructor | Status | More details |
|---|---|---|---|---|
|
CRN
13685
|
Mon | Instructor last name
Lin
Instructor first name
Jack
|
Course status
Waitlist
|
| CRN | Days | Instructor | Status | More details |
|---|---|---|---|---|
|
CRN
14486
|
Mon | Instructor last name
Chenkov
Instructor first name
Ivan
|
Course status
Waitlist
|
| CRN | Days | Instructor | Status | More details |
|---|---|---|---|---|
|
CRN
14793
|
Fri | Instructor last name
Singh
Instructor first name
Taj
|
Course status
Waitlist
|
| CRN | Days | Instructor | Status | More details |
|---|---|---|---|---|
|
CRN
15237
|
Tue | Instructor last name
Robertson
Instructor first name
George
|
Course status
Open
|
| CRN | Days | Instructor | Status | More details |
|---|---|---|---|---|
|
CRN
15564
|
Thu | Instructor last name
Fellnermayr
Instructor first name
Barbara
|
Course status
Full
|