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ASMPH – MANACC July 11 to Aug, 06, 2022 (Student Copy): 8:30 am.
PROFESSOR: Dr. V. C. Ibarra (CPA)
vibarra@ateneo.edu
Objectives: The course is designed to provide an understanding of management accounting
as an essential part of the decision-making process in the total management system. The
objective of this course is to acquaint students with various concepts of accounting and
highlights the decision-making and control focus of managerial accounting. The course
postulates accounting techniques, analysis with a special emphasis on cost reduction in
hospital administration. A managerial emphasis is being laid on cost containment and
fundamental analysis of corporate hospitals.
This will be blended: synchronous and asynchronous
Platform: Zoom for synchronous
REQUIREMENTS FOR THE COURSE: (since it is almost 4 times a week)
The professor will utilize the following criteria for grading:
Assigned Problems/case (Group)
Oral (Group)
Midterm/final Examinations (ind.)
Assignment/ quizzes (ind)
Final Paper (Group)
TOTAL
20%
20%
20%
20%
20%
100%
GRADING SYSTEM:
Assigned Problems/case (Group): Same case for oral presentation. All groups will
Submit solution before oral presentation. Late submission will not
Be graded.
Oral presentation:
Final Paper:
Examinations:
Reporting group will be announced the day of presentation.
Individual grade, no participation, no grade.
Topic: TBA
Mid-term; Final exams.
Textbooks:
1. Garrison, Noreen, Brewer, Cheng and Yuen, 17th
MANAGERIAL ACCOUNTING
The McGraw-Hill Education (Asia), 2019
2. Anthony, A.N., Hawkins, D.F., and Merchant, K.A.
ACCOUNTING: TEXTS AND CASES, 13TH EDITION
Singapore: The McGraw-Hill Education (Asia), 2011
3. Ibarra, V. C. Accounting 30, Introduction to Managerial
Accounting Workbook, Notes, Short and Long Problems, ORP
Ateneo de Manila University, 2014
4. The following internet resources can also be used:
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http://www.quickmba.com/accounting/fin/concepts/
A description of the basic financial
accounting assumptions, principles
and modifying conventions.
http://www.quickmba.com/accounting/fin/standards/
A short description of financial
accounting standards groups and
authoritative bodies, its
predecessors, and other accounting
standards groups.
http://www.wharton.upenn.edu/mbaresource/curriculum/a Wharton MBA resource guide,
provides a perspective of accounting
cct/
by illustrating several specific
accounting issues in a decision
context, also provides discussions,
lectures on advanced topics and
studies.
http://www.quickmba.com/accounting/fin/statements/
An introduction to the balance sheet,
income statement, statement of
retained earnings, and cash flow
statement.
http://www.quickmba.com/accounting/fin/
Basic introduction to financial
accounting, compares with
managerial accounting, lists
underlying assumptions, provides an
example of recording transactions
and introduces debits and credits.
http://accountingstudy.com/
Comprehensive source of study
materials for accounting students.
http://www.investorsgroup.com
Discussions about financial planning,
cash management budgeting: the
basic of managing your money.
http://search.smartpros.com/
Offers a search engine specialized
for accounting, finance, HR,
insurance and law.
http://www.womensmedia.com
Offers practical tips on Improving
your budgeting skills, sticking to a
budget, reducing expenses and
curbing impulse spending.
http://www.toolkit.cch.com/tools/tools.asp
Provides a downloadable business
forms, checklists and financial
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worksheets.
http://www.studentmanual.com/study/subjects/accounting/research.htm
Web site for students’ research for
any accounting subject or topic
online.
http://www.varsitynotes.com/accounting/managerial_acco Varsity Notes is the world’s largest
unting.html
directory of free lecture notes.
COURSE OUTLINE: (Subject to Changes)
TOPIC
Introduction of the course
The Nature of Managerial Accounting
The Statements of Financial Position, Income Statement
and Cash Flows
Financial Statement Analysis
Managerial Accounting and Cost Concepts
Cost Systems: Job-Order and Process Costing
Cost-Volume- Profit Relationships
Variable Costing and Segment Reporting: Tools for
Management
Activity-Based Costing - A Tool to Aid Decision Making
Mid-term Examinations
Master Budgeting
Flexible Budget and Performance Analysis
Module
0
1
1
Date
July 11
July 11
July 13
1
2
2
3
3
July 15
July 16
July 16
July 18
July 20
3
July 22
July 23
July 25
July
27/29
July 30
Aug. 01
4
4
Standard Costs and Variances
Responsibility Accounting Systems
5
5
Strategic Performance Measurement
Differential Analysis : The Key to Decision Making
Capital Budgeting Decisions
Internal Control, Cost Savings Strategies & Pricing
Decisions
5
6
6
6
Final Examinations
Submission of project: NLT 10pm
2021
Day
Mon 3
Wed 3
Fri 3
Sat-3
Mon-3
Wed-3
Fri-3
Sat
Mon
Wed/Fri
Sat
Mon
Aug. 03
Wed
Aug. 05
Friday
Aug. 06
Aug. 06
SAT
Sat
4
Outline of activities: (note: expect changes)
All submission file name should be identified as:
Group No. name of prob/exercise no. example: Group 1, Lone Pine Cafe
July 11 Introduction, Nature of Managerial Accounting
July 13 Review of Financial statements (Four Financial Statements)
Lecture and illustrations: Preparation of financial statements
Chapter 2/3, Accounting Text and Cases, Anthony, et al.one
Chapter 11 – Statement of Cash flows
Accounting Text and Cases (Anthony)
Lesson 4 – ACC 30 Workbooks (V. Ibarra)
Exercises in class: – Short Problems ACC 30 (Handout) workbook Lesson 4
Groupwork: Lone Pine Café (A & B) Anthony; chapter 2/3
Prepare financial statements including statement of Cash Flows
Submit: July 14, NLT 5pm; present July 15.
July 15: Lecture Financial Statement Analysis
Chapter 16 MANAGERIAL ACCOUNTING, by Garrison, Noreen, et al
Lesson 5 - ACC 30 Workbook (V. Ibarra)
Groupwork: Kafé Cup
Submit NLT: July 15, 8pm
Presentation: July 16 (2 groups)
July 16: Lecture: Chap 2, Managerial Accounting and Cost Concepts: PP present
MANAGERIAL ACCOUNTING, by Garrison, Noreen, et al
Reporter TBA: Cost Systems: Job-Order Chap 3
Illustration problem 3.6
Reporter TBA: Process Costing Chap 4
Illustration problem 4.6
NO groupwork
July 18: Cost-Volume- Profit Relationships
Lecture: PP Presentation Chap 3
Chap. 3 Cost Behavior: analysis and cost
Chap. 4 Cost-Volume-Profit Relationships
MANAGERIAL ACCOUNTING, by Garrison, Noreen, et al
Lesson 6 Workbook: PP presentation
Exercise: Workbook short problems: Handout
Groupwork: (workbook handout)
Group 1 to 4 Working Man Store: Group 5 to 8 Night Key Sporting
Goods Company
Submit: NLT July 19 8pm;
Group presentation (2 groups): July 20
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July 20: Reporter: TBA Chapter 6 Variable Costing and Segment Reporting: Tools for
Management
Group work: Prob. Franklin Graham Hospital July 21, 5pm
To be Reported: July 22
July 22 Reporter TBA: Chapter 7 Activity-Based Costing - A Tool to Aid Decision
Making. No assignment
July 23 Mid-term exam (coverage: Cash Flow, FS Analysis, Cost volume Profit
Analysis)
July 25 Reporter (TBA) Chapter 8 Master budgeting
MANAGERIAL ACCOUNTING, by Garrison, Noreen, et al
Prob. 8-1, 8-7; 8-8 (3 groups)
July 27/29 Reporter (TBA) Chap. 9 - Flexible Budgets and Performance Analysis
Prob. 9-4; 9-10 (2 groups)
July 30 Reeporter (TBA) Chapter 10 - Standard Costs and Operating Performance
Measures
MANAGERIAL ACCOUNTING, by Garrison, Noreen, et al
Problem: 10-1; 10-3 (2 groups)
Aug. 1 Reporter (TBA) Chap. 11 Responsibility Accounting Systems
MANAGERIAL ACCOUNTING, by Garrison, Noreen, et al
Problem: 11-5; 11-8 (2 groups)
Aug. 3 Reporter (TBA) Chap. 24, Strategic Planning and Budgeting
Accounting Text and Cases; Anthony, et al)
Prob. 24-1 (1 group)
Aug. 05 Reporter (TBA) Chapter 14 Longer Run Decisions: Capital Budgeting
MANAGERIAL ACCOUNTING, by Garrison, Noreen, et al
Problem 14-6;14-8 (2 groups)
Final Exam (Coverage master budget, flexible budget)