AD2101
Management Accounting
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Course Description and Scope
This course introduces managerial accounting at an introductory level.
a.
b.
c.
d.
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f.
The changing role of management accounting in a dynamic business environment
Basic cost concepts and costing techniques
Relevant costs and decision making
Standard costing, budgeting and performance measurement
Decentralization and responsibility accounting
Strategic management accounting and business sustainability
Course Objectives
This course is an introduction to the use of accounting information by managers for decision making,
planning and control. It is designed to equip students with the concepts and techniques of
management accounting for identifying and resolving strategic issues faced by managers in various
business contexts.
Course Assessments
Components
1. Participation
2. Group presentation/assignment
3. Quizzes
4. Final examination
Total
Marks
10
20
10
60
100
Textbook
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b.
c.
d.
Ronald Hilton and David Platt, Managerial Accounting: Creating Value in a Dynamic Business
Environment, 10th Edition, McGraw Hill, 2013.
Will Seal, Management Accounting for Business Decisions, McGraw Hill, 2011.
Stacey Whitecotton, Robert Libby and Fred Phillips, Managerial Accounting, 2nd Edition,
McGraw Hill. 2014
Eric Noreen,, Peter Brewer and Ray Garrison, Managerial Accounting for Managers, 3rd Edition,
McGraw Hill, 2014
Page 1
Distributed by Nanyang Business School, Nanyang Technological University. All Rights Reserved.
Proposed Weekly Schedule
Week
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Topic
Managerial accounting and the business environment
Cost concepts and cost behavior
Job costing and process costing
Activity-based costing and management
Cost-volume-profit analysis
Relevant cost and decision making
Budgetary planning
Standard costing and variance analysis
Decentralization and responsibility accounting
Performance measurement and control
Strategic management accounting
Sustainability management accounting
Course review
Page 2
Distributed by Nanyang Business School, Nanyang Technological University. All Rights Reserved.