Advanced Management Accounting

Curriculum Guideline

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Course
ACCT 4520
Discontinued
No
Course Code
ACCT 4520
Descriptive
Advanced Management Accounting
Department
Accounting
Faculty
Commerce & Business Administration
Credits
3.00
Start Date
End Term
201430
PLAR
No
Semester Length
15 weeks x 4 hrs/week = 60 hours
Max Class Size
30
Contact Hours
Lecture: 4 hours per week
Method(s) Of Instruction
Lecture
Learning Activities

Lectures, group discussions and case analysis.

Course Description
Using lectures and integrated case analysis this course develops an advanced understanding of the development and application of management accounting information. Students learn to perform analysis, develop and utilize information for operational and strategic decision making; and, to acquire an understanding of the ethical responsibilities of management accountants. Topics include: ethics; decentralization issues; performance measurement; managing quality; capital budgeting under uncertainty; incentive and compensation systems; contemporary approaches to product costing; customer profitability analysis; and, evaluating internet marketing.
Course Content
  1. Certified Management Accountants Code of Ethics;
  2. Decentralization, cost allocation, activity based management and transfer pricing;
  3. Contemporary methods including regression analysis and linear programming for costing and resource management;
  4. Uncertainty and capital budgeting;
  5. Incentive and compensation systems;
  6. Performance evaluation including financial measures, balanced scorecard, benchmarking, customer profitability, internet marketing;
  7. Managing quality including total quality management, six sigma and the ISO 9000 series;
  8. Implementing business process redesign;
  9. Integration of course themes and decision making in a strategic context.
Learning Outcomes

At the end of the course, the successful student should be able to:

  1. Analyze alternatives in a variety of decision situations and recommend an appropriate course of action;
  2. Perform capital budget analysis under uncertainty;
  3. Discuss contemporary approaches to product costing and cost allocation;
  4. Apply activity based management techniques in appropriate situations;
  5. Apply performance evaluation methods;
  6. Understand approaches for managing quality
Means of Assessment
Case studies (4 minimum)         50%
Midterm examination  25%
Final examination  25%
  100%

STUDENTS MUST WRITE BOTH THE MIDTERM EXAMINATION AND THE FINAL EXAMINATION TO OBTAIN CREDIT FOR THE COURSE.

Textbook Materials

Textbooks and Materials to be Purchased by Students:

 

Horngren, Charles T. et al.  Cost Accounting:  A Managerial Emphasis, latest Canadian edition.  Pearson Educational.

Harris, John.  Student Guide and Review Manual, latest Canadian edition.  Pearson Educational, optional.

Horngren, Charles T. et al.  Student Solution Manual, latest Canadian edition. Pearson Educational, optional.

Selected cases and/or textbooks of cases. 

Various Management Accounting Guidelines and Management Accounting Practices published by the Certified Management Accountants of Canada.

Instructor compiled materials (if applicable).

Any one of the following calculators:

  1. Texas Instruments BA II Plus
  2. Hewlett Packard 10B
Prerequisites

(ACCT 2420 with a grade of “C” or better) AND

(ENGL 1130 with a grade of “C” or better) AND (BUSN 3431 with a grade of “C” or better)