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
Not Specified
PLAR
No
Semester length
15 Weeks
Max class size
30
Course designation
None
Industry designation
None
Contact hours

Lecture and/or Seminar: 1 X 3 hours per week OR 2 X 2 hours per week

 

Method(s) of instruction
Lecture
Seminar
Learning activities

Lectures, group discussions, case analysis, and projects. All methods of instruction apply to in class, hybrid and/or online modes of learning.

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
  1. The strategic context of management accounting, including developing strategy maps and effective decision support systems;
  2. Ethics: issues and implementing corporate ethics programs, including privacy issues related to information technology;
  3. Planning and control issues in decentralized operations;
  4. Performance management, including the effect of transfer pricing on business unit performance;
  5. Strategic cost management of supply chains;
  6. Information as a corporate resource to be managed strategically;
  7. 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:

  1. Analyze alternatives in a variety of decision making situations and recommend a feasible course of action;
  2. Apply management control techniques in achieving corporate objectives;
  3. Choose performance measures that aim to align business unit work with corporate objectives;
  4. Select and effectively communicate data that is critical to support a recommendation.

 

Means of assessment

Evaluation will be carried out in accordance with the Douglas College Evaluation Policy.

Strategy map group project                                                             10%
Case studies (minimum of three)   60%
Final examination   30%
Total  100%

 

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.

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.

Textbook materials

Textbooks and materials:

Selected cases and/or textbook(s) of cases, various periodical articles, instructor compiled materials (if applicable),
OR other textbooks as approved by the Accounting department.


Only Faculty of Commerce and Business approved calculators may be used in examinations.

Prerequisites

ACCT 3420 AND (CMNS 1115 OR ENGL 1130 with a grade of “C” or better)

OR

ACCT 3420 AND currently active in the PDD Accounting or PDD Accounting Studies or PBD Accounting or PBD Accounting & Finance)