BUSI 3008 B
INTERMEDIATE MANAGEMENT ACCOUNTING AND
CONTROL
FALL 2012
INSTRUCTOR:
Dr. Hilary Becker
Office: 1012 DT, Tel. 520-2600, Ext. 3717
Office Hours: Monday. 13:30 – 15:00; and by
Appointment
E-mail: hilary_becker@carleton.ca
WebCT: http://webct.carleton.ca
COURSE TIME AND
LOCATION:
Lectures: Thursdays, 11:35-2:25
SA413
Tutorials: Selected Fridays as needed (dates to be
announced) 09:35 – 10:25
PREREQUISITES:
BUSI 1002 or 1005, and ECON 2202 or STAT 2607 (with
a grade of C- or higher in each)
The School of Business enforces all prerequisites.
This course is a prerequisite to BUSI 4008 (with a grade of
C- or higher).
COURSE OVERVIEW AND OBJECTIVES:
This course focuses on the role of cost accounting information in managerial planning and
control. This course extends the basic concepts and systems covered in the introductory
managerial accounting course and introduce additional analytical tools and techniques.
Specifically, cost accumulation, cost accounting, and performance evaluation systems are
examined. Emphasis is placed on the appropriate use of information produced by such systems in
managerial decision making and on the development of effective problem-solving skills in this
area.
TEXTBOOK REQUIRED:
Horngren, Foster, Datar, Teall, Gowing, Cost Accounting – A Managerial Emphasis, 6th
Canadian Edition, Pearson, 2013
.
BUSI 3008* Intermediate Management Accounting and Control
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TEACHING METHODOLOGY:
Teaching methodology for this course encompasses assigned readings, brief lectures, discussions,
and problem solving exercises and cases. Students are expected to read the assigned chapter(s),
to attempt to solve the assigned problems, and to prepare a written solution in an organized
format to the designated hand-in assignment before each class. Brief lectures are utilized to
highlight and clarify key concepts, and example problems are solved and discussed in class to
apply these concepts.
The primary role of the instructor in this course is to encourage and facilitate student learning by
helping students understand and apply key concepts and by providing them with regular feedback
on their progress. Lecture notes are available to students, and students can monitor their own
progress by checking their solutions to many exercises against sample solutions. Students also
have frequent opportunities to obtain feedback on their mastery of the material through graded
class and homework assignments and examinations.
It is emphasized, however, that diligent independent preparation of homework assignments and
active participation in class discussions and activities are crucial to learning management
accounting and to the development of effective problem solving skills in this field. In order to
perform well in the course, it is recommended that students solve as many problems as possible
to deepen their understanding of the material and to perform well in the course.
EVALUATION METHODS:
Homework Assignments
Mid-Term Examination
Final Examination
Total
15%
35%
50%
100%
Homework Assignments. Homework assignments are due at the beginning of each class,
starting in the third class. Nine (best) assignments are counted. As the purpose of these
assignments is to encourage regular work, late assignments are not accepted, and make-up
assignments and compensation for marks lost due to missed assignments are not provided.
Homework assignments may be completed individually or in groups of two. If completed in
groups, each assignment must be signed by both students (not one student signing both names),
and student numbers to indicate each student contributed equally. Both students will receive the
same grade for each assignment completed in groups.
Mid-Term Examination. The mid-term examination will be written in-class on October 18 and
will be approximately 2 hours in length and consists of short-answer objective questions, short
problems, and medium-length problems requiring some interpretation and integration of material.
The only valid reason for not writing the mid-term examination at the scheduled time is a
medical condition, documented with a medical certificate. Reasons such as conflicts with work
or travel arrangements are not considered to be valid reasons. Mid-term examinations missed for
valid medical reasons are not rescheduled, but the weight of the mid-term examination is
transferred to the final examination.
BUSI 3008* Intermediate Management Accounting and Control
3
Final Examination. The final examination is comprehensive, covering the material of the entire
course. The exam is scheduled by the university between December 6-19. It is three hours in
length and consists of short-answer objective questions, short problems, and some mediumlength problems requiring interpretation and integration of several concepts. A minimum mark
of 45 percent must be obtained on the final examination in order to be eligible to pass the
course.
For examination purposes, students are responsible for all material in the assigned chapters and
class exercises and activities, as well as for any additional material and interpretation provided by
the instructor in class. Supplemental or grade-raising examinations are not available in this
course.
FND
To reduce instances of miscommunication Carleton introduced a grade FND (Failure with No
Deferral) to be assigned to students who fail to meet the minimum in-term performance standards
explicitly set out in the outline and applied consistently (i.e., there is no other hidden criteria).
Requests for deferred final examinations must be directed to the Office of Registerial Services
for assessment. In order to be eligible to write a deferred examination, a student must have
completed all term work with a minimum mark of 45 percent. If these conditions are not met, a
grade of FND (failure with no deferral) will be assigned. The request must be made within 5
days of the exam.
EXAMINATION POLICY:
The University policy with respect to examinations is strictly adhered to.
Non-programmable calculators without alpha storage capability may be used on examinations.
BUSI 3008* Intermediate Management Accounting and Control
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TENTATIVE TOPICAL OUTLINE AND SCHEDULE:
Date
Sept. 6
Topic
Chapter
Introduction to Cost
Chapter 1
Accounting and Its Purposes (p.1-17),
Ch. 2,
Ch. 13
(p.518-20)
13 Job Costing Services and
Chapter 4
Goods
20 Process Costing, Spoilage,
Chapter 17
Rework and Scrap
and 18
27
Oct. 4
11
18
25
Nov. 1
8
15
22
29
Practice Problems
2-18, 2-20, 2-26, 2-28, 2-32, 237, 2-38, 2-39, 2-40
4-17, 4-23, 4-24, 4-28, 4-31
(omit part 2), 4-35, 4-36, 4-37
17-16, 17-17, (17-19 to 22), 1724, 17-25, 17-34, 17-35
(18-17 to 20), 18-24, 18-25,
(18-30 to 33), 18-39
Activity Based Costing and Chapter 5 5-17, 5-19, 5-21, 5-25, 5-28, 531, 5-37
Activity Based Management
Quantitative Analysis of
Chapter 10 10-16, 10-18, 10-19, 10-20, 10Cost Functions
+appendix 21, 10-23, 10-24, 10-30
Cost Allocation (Support
Chapter 14 14-17, 14-20, 14-21, 14-24, 1425
Department and Joint Costs) and 15
15-18, 15-19, 15-20, 15-22, 1524, 15-29, 15-34
Midterm
Flexible Budgets, Variances Chapter 7 7-17, 7-19, 7-22, 7-24, 7-25, 729, 7-32, 7-34, 7-36
and Management Control I
and 8
8-18, 8-19, 8-21, 8-23, 8-28, 8and II
29, 8-33, 8-38, 8-39
Revenues, Sales Variances
Chapter 16 16-17, 16-18, 16-20, 16-21, 1625, 16-26, 16-29, 16-30
and Customer Profitability
Analysis
Capital Budgeting and
Chapter 21 Only NPV 21-17, 21-21, 2126, 21-29, 21-35
Taxes
and 22
22-17, 22-18, 22-19, 22-21, 2224, 22-28, 22-32
Strategy, Balanced
Chapter 13 13-16, 13-17, 13-18, 13-19,
Scorecard and Strategic
13-20, 13-21, 13-31, 13-32,
Profitability Analysis
13-33
Management Control
Chapter 23 23-17, 23-20, 23-21, 23-25, 2327, 23-27, 23-30, 23-31, 23-37
Systems, Transfer Pricing,
and
Performance Measurement
Chapter 24 24-16, 24-18, 24-21, 24-25, 2437
and Multinational
Considerations
Review and Catch-up
Final Exam Period (Dec.
6-19)
Hand-in
Problems
2-33
4-42
17-36, 1738
5-39
10-22
14-28
15-23
7-39
8-40
16-27
16-28
22-33
13-34
23-35
BUSI 3008* Intermediate Management Accounting and Control
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You are responsible for everything in the above textbook chapters with the following
exceptions:
Ch. 4 – Job Order Costing
Normal Costing Journal Entries, p.121-28
Ch 17 - Process Costing
Hybrid Costing Systems, p. 857
Ch. 15 – Cost Allocation
Accounting for Byproducts, p. 611-14
Ch. 7 – Flexible Budgets
Benchmarking and Variance Analysis, p. 276-78
Ch. 21 – Capital Budgeting
Internal Rate of Return, p.855-57
Payback and ROR, p. 858-61
Ch. 13 – Strategy,
Balanced Scorecard, and Strategic
Profitability Analysis
Porter Five Forces and ROI, p. 520-25 (Read and Review
for reference only)
Features and Pitfalls of a Good BSC, p.529-30 (Read and
Review for reference only)
Ch. 23 – Management Control
Systems, Transfer Pricing
Management Control Systems up to Decisions about
responsibility Centres, p. 924-30 (Read and Review
Only for reference)
Ch. 24 – Performance Measurement Evaluate Performance Measurement Alternatives, p.976-89
Required calculator in BUSI course examinations
Only Texas Instruments BA II Plus calculators will be permitted in all Business course
examinations. This calculator is available in the campus bookstore (1st floor, University Centre)
and at various other off-campus retail stores.
Group work
The Sprott School of Business encourages group assignments in the school for several reasons.
They provide you with opportunities to develop and enhance interpersonal, communication,
leadership, follower-ship and other group skills. Group assignments are also good for learning
integrative skills for putting together a complex task. Your professor may assign one or more
group tasks/assignments/projects in this course. If you have a group assignment you may find the
resources at http://sprott.carleton.ca/academic_programs/groupwork useful. Before embarking on
a specific problem as a group, it is your responsibility to ensure that the problem is meant to be a
group assignment and not an individual one.
Medical certificate
Please note that in all occasions that call for a medical certificate you must use or furnish the
information demanded in the standard university form. http://www2.carleton.ca/registrar/forms/
BUSI 3008* Intermediate Management Accounting and Control
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Persons with disabilities
Students with disabilities requiring academic accommodations in this course must register with
the Paul Menton Centre for Students with Disabilities (PMC) for a formal evaluation of
disability-related needs. Documented disabilities could include but are not limited to
mobility/physical impairments, specific Learning Disabilities (LD), psychiatric/psychological
disabilities, sensory disabilities, Attention Deficit Hyperactivity Disorder (ADHD), and chronic
medical conditions. Registered PMC students are required to contact the PMC, 613-520-6608,
every term to ensure that I receive your Letter of Accommodation, no later than two weeks before
the first assignment is due or the first in-class test/midterm requiring accommodations. If you
only require accommodations for your formally scheduled exam(s) in this course, please submit
your request for accommodations to PMC by the deadlines published on the PMC website.
Religious observance
Students requesting academic accommodation on the basis of religious observance should make
a formal, written request to their instructors for alternate dates and/or means of satisfying
academic requirements. Such requests should be made during the first two weeks of class, or as
soon as possible after the need for accommodation is known to exist, but no later than two weeks
before the compulsory academic event. Accommodation is to be worked out directly and on an
individual basis between the student and the instructor(s) involved. Instructors will make
accommodations in a way that avoids academic disadvantage to the student. Students or
instructors who have questions or want to confirm accommodation eligibility of a religious event
or practice may refer to the Equity Services website for a list of holy days and Carleton's
Academic Accommodation policies, or may contact an Equity Services Advisor in the Equity
Services Department for assistance.
Pregnancy
Pregnant students requiring academic accommodations are encouraged to contact an Equity
Advisor in Equity Services to complete a letter of accommodation. The student must then make
an appointment to discuss her needs with the instructor at least two weeks prior to the first
academic event in which it is anticipated the accommodation will be required.
Plagiarism
The University Senate defines plagiarism in the regulations on instructional offenses as: "to use
and pass off as one's own idea or product work of another without expressly giving credit to
another."
Borrowing someone else's answers, unauthorized possession of tests or answers to tests, or
possession of material designed in answering exam questions, are also subject to university
policy regarding instructional offences. For more information on Carleton University's Academic
Integrity Policy, consult:
http://www1.carleton.ca/studentaffairs/academic-integrity/
BUSI 3008* Intermediate Management Accounting and Control
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IMPORTANT DATES TO REMEMBER – Fall Term 2012
September 1, 2012

Last day for receipt of applications from potential fall (November) graduates.
September 3, 2012

Statutory holiday, University closed.
September 4, 2012

Fall term begins.
September 6, 2012

Fall and fall/winter classes begin.
September 19, 2012

Last day for registration.

Last day to change courses or sections for fall/winter and fall term courses.
September 30, 2012

Last day to withdraw from fall term and fall/winter courses with a full fee adjustment.

Last day for receipt of applications for review of final grades in summer term courses.
September 28-29, 2012

Summer deferred final examinations to be written.
October 5, 2012

University Day at Carleton. Undergraduate classes suspended.

December examination schedule (fall term final and fall/winter mid-terms) available
online.
October 8, 2012

Statutory holiday, University closed.
November 9, 2012

Last day to submit, to the Paul Menton Centre for Students with Disabilities, Formal
Examination Accommodation Forms for December examinations.
November 15, 2012

Last day for receipt of applications for admission to a degree program for the winter term.
BUSI 3008* Intermediate Management Accounting and Control
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November 19, 2012

Last day for tests or examinations in courses below the 4000-level before the final
examination period (see Examination Regulations in the Academic Regulations of the
University section of this Calendar).
December 1, 2012

Last day for receipt of applications from potential winter (February) graduates.
December 3 (Monday), 2012

Fall term ends.

Last day of fall-term classes.

Last day for academic withdrawal from fall term courses

Last day for handing in term work and the last day that can be specified by a course
instructor as a due date for term work for fall term courses.

Last day for receipt of applications for degree program transfers for winter term.

Last day for receipt of applications for admission to a degree program for the 2013 winter
term.
December 4-5, 2012

No classes take place.
December 5, 2012

Last day for receipt of applications for degree program transfers for winter term.
December 6-19, 2012

Final examinations in fall term courses and mid-term examinations in fall/winter courses
may be held. Examinations are normally held in the day and evening during the Monday
to Saturday period .In exceptional circumstances, it may be necessary to schedule an
examination on a Sunday.
December 24, 2012 to January 1, 2013

University closed.