ACCT102
Management Accounting
Course Outline 2022/2023 Term 2
A. Instructor and Contact Information
Bingxu FANG
Tel: (65) 6826 4836
E-mail: bxfang@smu.edu.sg
Office: SOA Room 4005
Kelly NGO
Tel: (65) 6828 0617
Email: kellyngo@smu.edu.sg
Office: SOA Room 5047
Katherine YUEN
Tel: (65) 6828 0952
E-mail Address: katheriney@smu.edu.sg
Office: SOA Room 5045
Instructor’s Consultation: To be advised in SMU e-learn
Teaching Assistants: Please check SMU e-Learn and instructors’ posting for latest details.
B. Course Prerequisites
Although there is no pre-requisite for this course, students MUST have basic knowledge of financial
accounting terms (e.g., understanding of "asset", "liability", "equity", "income statement", "balance
sheet", "revenue", "expense", "depreciation", etc.) and concepts (e.g., "debits", "credits", double entry
system). Thus, it is recommended that students have completed Financial Accounting. In addition,
students are encouraged to acquire fundamental skills in Excel as this will be used in the course.
C. Course Description
This course introduces cost and management accounting topics to enable students to understand how
accounting information is used to manage an organization.
The course focuses on the factors that differentiate one company from another. For example, “What
makes one company more profitable and/or better managed than another?” The course will look at
various functional areas within the firm, ranging from manufacturing to marketing, and from accounting
to human relations. In addition, the concept of management, how senior managers plan, implement and
control those plans through people will be briefly discussed.
The course will enhance students’ personal skills in preparation for more advanced courses at the
university in the following ways: working in teams, analyzing cases, writing reports, and making
presentations.
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D. Learning Approach and Course Objectives
This course contributes to the development of the following specific learning goals based on the SOA
AACSB accreditation:
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LO1.1 Our students can recognize, develop, measure, record, validate and communicate
financial and other related information.
LO1.2 Our students can analyze, synthesize and evaluate financial and other related
information for decision making in a management context.
LO2.1 Our students understand and can apply business concepts and principles.
LO3.2 Our students can recognize and incorporate ethical and social responsibility
considerations in decision making.
E. Textbook and Other Resources
Ray H. Garrison, Eric W. Noreen and Peter C. Brewer, “Managerial Accounting (17th Edition)”, New York:
McGraw-Hill Education, 2021
SUPPLEMENTARY TEXTS
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Horngren, Sundem, Stratton, Burgstahler & Schatzberg - Introduction to Management Accounting
Global Edition, 16 edition, Pearson 2014
Hilton and Platt – Management Accounting – Creating Value in a Dynamic Business Environment,
11th Edition, Global Edition, McGraw-Hill, 2017.
Newspaper: Students are encouraged to read “The Business Times”.
Other than the prescribed reading materials, students are encouraged to read any material that may be
relevant to their field of studies.
F. Lesson Plan
Class sessions are of 3-hour duration and will include a review of study materials, class discussions and
other learning activities. Course materials will be published in SMU e-Learn (https://elearn.smu.edu.sg/).
A brief outline of course schedule is provided below. A detailed course work plan is available in Annex 1.
▪ Cost behaviour
▪ Budgeting
▪ Break-even analysis for single and multi- ▪ Flexible Budgets and Variance Analyses
product
▪ Cost Allocations of Service Departments
▪ Absorption costing and variable costing
▪ Balanced Scorecard
▪ Activity-based costing
▪ Differential Costing
▪ Job-order costing
▪ Process costing
G. Assessment
To pass the course, a student is required to obtain a TOTAL mark of 50% or better. The assessment
components are listed below: Preparation, Class Learning Activities and Professionalism (15%), Progress
Assessments (20%), Team Project (15%) and Final Examination (50%).
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1. Preparation, Class Learning Activities and Professionalism (15%)
Students are strongly encouraged to actively participate in class and forum discussions (if applicable) as
well as presentations. Students will be graded on an individual basis according to their contribution to the
class participation, forum discussion and in class presentations (if applicable). Pre-class reading and
completion of post class homework form part of the preparation marks.
Instructor may give unannounced quizzes and check students’ class attendances and preparations from
time to time. In this respect, students should come well prepared for every session and on time
throughout the term.
Professional behaviour is characterized by the following attributes: prompt arrival to class, courteous
behaviour in class (i.e., being attentive while others are speaking, dedicating your attention to this class
while the class is in session, NOT abusing personal electronics in a distracting manner), and professional
preparation for class.
2. Progress Assessments (20%)
There will be 2 tests. The tests will be conducted in person on the Saturdays of week 6 and 11. The two
tests (10% each) will account for 20% of the course respectively. There will be no make-up test for
absentees. Further details of the tests will be announced during the course. If you have to miss a test due
to reasons beyond your control, bring necessary documents to prove it to your instructor. Your instructor
will decide how the weightage of the assessment components will be adjusted. Be sure to bring a nonprogrammable calculator to the tests.
In accounting tests and exams, students often compete not only in how well you understand the materials
but also in how quickly you can recall and use the materials in solving problems. After reading chapter
readings, students are strongly encouraged to gauge their level of understanding by solving as many
exercises and problems as possible.
3. Team Project (15%)
You need to form teams for your project/assignment. The project/assignment details will be provided in
due course.
4. Final Examination (50%)
The final examination will be a 3 hour, closed book paper, which may consist of multiple-choice questions,
fill-blank questions, and problem questions. Be sure to bring a non-programmable calculator to the final
examination.
No questions verbatim from past year papers or published test banks will be used for the graded
continuous assessments and examinations in the course.
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H. UNIVERSITY POLICIES
Academic Integrity
All acts of academic dishonesty (including, but not limited to, plagiarism, cheating, fabrication, facilitation
of acts of academic dishonesty by others, unauthorized possession of exam questions, or tampering with
the academic work of other students) are serious offences.
All work (whether oral or written) submitted for purposes of assessment must be the student’s own work.
Penalties for violation of the policy range from zero marks for the component assessment to expulsion,
depending on the nature of the offense.
When in doubt, students should consult the instructors of the course. Details on the SMU Code of
Academic Integrity may be accessed at https://oasis.smu.edu.sg/Pages/DOS-WKLSWC/UCSC.aspx.
Copyright Notice
Please note that all course materials are meant for personal use only, namely, for the purposes of teaching,
studying and research. You are strictly not permitted to make copies of or print additional copies or
distribute such copies of the course materials or any parts thereof, for commercial gain or exchange.
For the full copyright notice, please visit: https://smu.sg/Copyright-notice or OASIS -> CAMPUS LIFE &
EXCHANGE -> CONDUCT & DISCIPLINE -> UNIVERSITY COUNCIL OF STUDENT DISCIPLINE
Accessibility
SMU strives to make learning experiences accessible for all. If you anticipate or experience physical or
academic barriers due to disability, please let me know immediately. You are also welcome to contact the
university's disability services team if you have questions or concerns about academic provisions:
included@smu.edu.sg. Please be aware that the accessible tables in our seminar room should remain
available for students who require them.
Digital Readiness for Teaching and Learning (DRTL)
As part of emergency preparedness, instructors may conduct lessons online via the Zoom platform during
the term, to prepare students for online learning. During an actual emergency, students will be notified to
access the Zoom platform for their online lessons. The class schedule will mirror the current face-to-face
class timetable unless otherwise stated.
Prepared by:
Bingxu FANG
Kelly NGO
Katherine YUEN
26 Sep 2022
Vetted by:
SEOW Poh Sun
19 Oct 2022
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