Course
Discontinued
No
Course Code
ACCT 4520
Descriptive
Advanced Management Accounting
Department
Accounting
Faculty
Commerce & Business Administration
Credits
3.00
Start Date
End Term
202120
PLAR
No
Semester Length
15 weeks
Max Class Size
30
Contact Hours
Lecture/Seminar: 2 hours lecture and 2 hours seminar
OR
Hybrid: Alternating weeks of
- 2 hours lecture and 2 hours seminar
- 4 hours online
Method(s) Of Instruction
Lecture
Seminar
Hybrid
Learning Activities
In class or online: lectures (live or video), group discussions, case analysis, and projects.
Course Description
Using lectures or online instruction and 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: the strategic context of management accounting; implementing ethic control systems; planning and control issues in decentralized operations; performance measurement; managing quality; customer profitability analysis; and, strategic cost management. Data analytics tools are used for descriptive and predictive analysis.
Course Content
- The strategic context of management accounting, including developing strategy maps and effective decision support systems;
- Ethics: issues and implementing corporate ethics programs, including privacy issues related to information technology;
- Planning and control issues in decentralized operations;
- Performance management, including the effect of transfer pricing on business unit performance;
- Strategic cost management of supply chains;
- Information as a corporate resource to be managed strategically.
- Integration of course themes and decision making in a strategic context through the use of cases and appropriate data analytics tools;
Learning Outcomes
At the end of the course, the successful student should be able to:
- Analyze alternatives in a variety of decision making situations and recommend a feasible course of action;
- Apply management control techniques in achieving corporate objectives;
- Choose performance measures that aim to align business unit work with corporate objectives
- Select and effectively communicate data that is critical to support a recommendation.
Means of Assessment
| Strategy map group project | 10% |
| Case studies (minimum of three) | 60% |
| Final examination | 30% |
| 100% |
Evaluation will be carried out in accordance with the Douglas College Evaluation Policy.
STUDENTS MUST WRITE THE FINAL EXAMINATION TO PASS THE COURSE.
To pass this course, students must obtain a minimum of 50% on the final exam.
Textbook Materials
Textbooks and materials:
- Selected cases and/or textbook(s) of cases, various periodical articles, instructor compiled materials (if applicable),
- Or other textbook(s) and material(s) as approved by the accounting department
Faculty of Commerce and Business Administration approved calculators