THE CHINESE UNIVERSITY OF HONG KONG
School of Accountancy
ACCT 2121D, F, J & H
Introductory Management Accounting
(2nd Term, 2018-2019)
Note:
This course syllabus is for coordinating teaching activities only. If necessary, certain changes may be announced in the class
after consulting with students.
INSTRUCTOR
Prof. Hangsoo Kyung
Office:
Room 1013, Cheng Yu Tung Bldg, No.12 Chak Cheung Street
Phone:
3943-1956
E-mail:
hangsoo.kyung@cuhk.edu.hk
Office hour:
Thursday 2:00 p.m. – 4:00 p.m. or by appointment
TEACHING ASSISTANT
Mr. Surjeet Chabria
Office:
Room 1049, Cheng Yu Tung Bldg, No.12 Chak Cheung Street
Phone:
3943-7644
E-mail:
surjeetchabria@cuhk.edu.hk
Office hour:
Monday to Friday 10:00 a.m. - 5:00 p.m. by appointment
COURSE OBJECTIVE
This course is an introduction to management accounting. It is designed to provide students the concepts and
techniques of management accounting, with the emphasis on the uses of management accounting information
by managers in planning, controlling, and decisions making. The course emphasizes the links between
accounting information and management activities such as operational decision making, financial planning
and control. Major topics will include costing systems, activity-based costing, cost-volume-profit analysis,
budgeting, standard costing and relevant costs for decision making.
The classes will be a combination of lectures and discussions of problems. Most of the concepts and techniques
taught in this course are best illustrated and learned through problem solving. Therefore, we will analyze many
problems in class. In addition to attending the classes, reading the relevant chapter of the textbook before
coming to class will be vitally helpful for students to understand the lectures.
Prerequisite: ACCT2111.
LEARNING OUTCOMES
After completing this course, students should be able to:
(1) Master the management accounting concepts and apply the knowledge to manufacturing,
merchandising and service companies.
(2) Use the information from management accounting systems to improve the competitiveness of the
companies in operational excellence, product leadership, and customer service.
(3) Develop analytical skills and ability to solve problems that they will need to succeed in a business
environment.
(4) Learn how to study and manage their own tasks that will help them acquire further knowledge on their
own.
LEARNING ACTIVITIES
Lecture (including
in-class discussion /
presentation) (hr)
in / out class
3
0
Lab / tutorial (hr)
in / out class
2
0
Project / Case
discussion (hr)
in / out class
0
1
1
Expected out-ofclass activities (hr)
in / out class
0
4
REVIEW / TUTORIAL SESSIONS
In addition to regular classes, TA will conduct two review/tutorial sessions: one before mid-term
exam and one before final exam. Attendance is optional, but it is strongly recommended that you
attend and participate in the review sessions. Detailed information about the lab/tutorial sessions will be
announced during the class.
GRADE DESCRIPTORS
A Outstanding performance on all learning outcomes.
A- Generally outstanding performance on all (or almost all) learning outcomes.
B Substantial performance on all learning outcomes, OR high performance on some learning outcomes
which compensates for less satisfactory performance on others, resulting in overall substantial
performance.
C Satisfactory performance on the majority of learning outcomes, possibly with a few weaknesses.
D Barely satisfactory performance on a number of learning outcomes.
F Unsatisfactory performance on a number of learning outcomes, OR failure to meet specified
assessment requirements.
COURSE ASSESSMENT
Course grade will be based on the following elements:
Uniform Final Exam
Mid-term Exam
Homework and Class Participation
Case Assignment
Total
50%
30%
10%
10%
100%
Grades in this course will be based on a combination of absolute achievement and relative performance.
EXAMINATIONS
There is a mid-term examination. The specific location and time will be announced later in class and through
email. A centralized final comprehensive examination will be given to all ACCT2121 students. The specific
date, time and location will be announced later in class and through email.
All exams in this course will be closed book. You may use a non-programmable calculator. The Section “Rule
to be Observed by Candidates at Examination Centre” of the Undergraduate Student Handbook provides the
University Regulations for the conduct of exams. At an exam, students must be able to present their student
ID card or other acceptable photo identification.
Students who have commitments that conflict with the exam time should advise the instructor in writing at
least one week prior to the exam date. If a student is absent from the mid-term exam for a legitimate and
adequately documented reason, the weight of the missed mid-term exam will be reallocated to the final exam.
There will be no individual make-up exams in this course.
HOMEWORK
Students are required to submit assigned homework for grading. The homework is the core of the
course. Doing the homework is the way to master the material. The exams will be like the homework. The
lectures will often be like the homework. Anyone who diligently and consistently does the homework, and
does so accurately, should be in good shape for the exams. Homework is due by Friday 4 pm of the
following week of the lecture. Half percent (0.5%) will be deducted from the overall course work for each
missing assignment. Late submission will not be accepted.
Hardcopy homework should be dropped off in “Assignment drop-in box”, located in 2nd floor of Cheng Yu
Tung Building. Please refer to pictures below for the location. Softcopy homework submission is not allowed.
2
CASE ASSIGNMENT
There will be an individual case assignment. The material, due date and other information about the case will
be announced during the class.
CLASS PARTICIPATION
Students obtain marks in participation either by offering a solution to a problem or exercise, or making
quality comments in the class discussions.
RECOMMENDED TEXTBOOK
Horngren, Datar, & Rajan, Cost Accounting – A managerial emphasis, Pearson, 16th edition (global edition)
POLICY ON SCHOLASTIC DISHONESTY
The Chinese University of Hong Kong places very high importance on honesty in academic work submitted
by students, and adopts a policy of zero tolerance on cheating and plagiarism. Any related offence will lead to
disciplinary action including termination of studies at the University. Attention is drawn to University policy
and regulations on honesty in academic work, and to the disciplinary guidelines and procedures applicable to
breaches of such policy and regulations. See http://www.cuhk.edu.hk/policy/academichonesty/ for details.
3
COURSE SCHEDULE & LIST OF TOPICS
Week
Section
D
J
F
Topic
Required Reading
H
Homework
Assignments
1
14/1
8/1
9/1
11/1
The Role of Management Accountants
Ch.1
2
21/1
15/1
16/1
18/1
An Introduction to Cost Terms and Purposes
Ch.2
3
28/1
22/1
23/1
25/1
Determining How Costs Behave
4
7/2
29/1
30/1
1/2
Cost-Volume-Profit Analysis
10-35
Ch.10
Exclude Learning Curve, Cumulative Average-Time
Learning Model, Incremental Unit-Time Learning
Model, and Incorporating Learning-Curve Effects into
Prices and Standards, p. 411 – p.417
Ch.3 Exclude Appendix (Decision Models and Uncertainty) 3-39
5/2
6/2
8/2
Holiday Week (No Class)
5
2-38
6
11/2
12/2
13/2
15/2
Job Costing
Ch.4
4-35
7
18/2
19/2
20/2
22/2
Activity-Based Costing and Activity-Based Management
Ch.5
5-43
8
1/3
Midterm Week (No Class)
9
4/3
5/3
6/3
10
11/3
12/3
13/3
11
18/3
19/3
12
25/3
13
14
8/3
Master Budgets and Responsibility Accounting
Ch.6
Exclude ‘Kaizen Budgeting’ p.242
Include Appendix (Cash budget) p. 246 – p.252
15/3 Flexible Budgets, Direct-Cost Variances, and Management Control Ch. 7 Exclude Appendix (Mix and Yield Variances For
Substitutable Inputs)
6-37
20/3
22/3
Flexible Budgets, Overhead Cost Variances, and Management
Control
Ch.8 Exclude Variance Analysis and Activity-Based
Costing, p.329-333
8-39
26/3
27/3
29/3
Decision Making and Relevant Information
Ch.11
Exclude Appendix (Linear Programming)
11-38
1/4
2/4
3/4
5/4
Reading Week (No Class)
8/4
9/4
10/4
12/4
Inventory Costing and Capacity Analysis
Ch.9 Exclude Appendix (Breakeven points in variable
costing and absorption costing)
9-27
Final Exam (To be determined)
4
7-36