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Course Outline
Department: School of Management
Course Number: FMGT 2294
Course Title: Managerial Accounting: Overview
Semester Year: 201020 (Summer 2010)
Days: Tues/Thurs
Classroom: B245
Credits: 3
Section: 1
Hours: 4:30 – 6:20
Instructor Contact
Name: Ruth Heathcote
Office: TBA
Office Hours: TBA
Phone: 604.802-4592
E-Mail: rheathcote@langara.bc.ca
Course Description
This course is an introduction to the basic principles and techniques of managerial
accounting where the major intent is to provide information to internal decisionmakers to maximize an organization's operating efficiency and profitability.
The course includes an introduction to alternative costing and reporting systems for
service and manufacturing organizations, budgeting, variance analyses,
performance evaluation, total quality management, and transfer pricing, plus
analytical techniques including cost-volume-profit analysis and relevant costing and
benefits.
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Learning Objectives and Outcomes
At the completion of this course, students will have a basic understanding of how
managerial accounting concepts are used to identify and predict the relevant
consequences of various business actions or strategies (the decision-facilitating
role) and how managerial accounting systems can be used to measure, evaluate
and influence management performance (the decision-influencing role). Therefore,
at the completion of the course, students should have the ability to identify and use
relevant accounting information for decision-making purposes in a variety of
business circumstances.
Prerequisites
One of FMGT 1115, 1116, 1215, or 2293; and one of the following: LET with a
minimum Level 3; LPI with a minimum 26 on the essay and one of 5 in English
usage, 5 in sentence structure, or 10 in reading comprehension; BC English 12 or
equivalent with a minimum 80%; BC English Literature 12 with a minimum 80%; a
university-level English or Communications course for which Langara awards
transfer credit, with a minimum 'C-'; or an 'S' in one of ENGL 1107, 1108, or 1110.
Required Textbooks
Managerial Accounting by Garrison, Chesley, Carroll, Webb. Eighth Canadian
Edition, McGraw Hill Ryerson, 2009.
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Grade Allocation
Assignments
Mid term exam 1
Mid term exam 2
Final exam
TOTAL
10
25
25
40
100
Grading
A+
A
A-
95 – 100%
90 – 94%
85 – 89%
B+
B
B-
80 – 84%
75 – 79%
70 – 74%
C+
C
C-
65 – 69%
60 – 64%
55 – 59%
D
F
50 – 54%
< 50%
University Transferability
Refer to www.bccat.bc.ca for transferability and whether credits are assigned or
unassigned.
Expectations
Regular class attendance is expected.
Students are responsible for all announcements made in class, whether the student
is present or not. Course information is subject to change with notice.
All exams must be written at the scheduled date, time and location. Only a
legitimate reason, such as illness will be accepted as an excuse. Alternate
arrangements may be possible if presented with a valid medical certificate or other
acceptable formal (written) notice of absence. Please refer to the current College
Calendar regarding the scheduling of final exams.
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Students are responsible for maintaining a classroom atmosphere which will
promote and encourage learning. Frequent classroom disturbances, either directly
or indirectly as the result of a student’s actions, may result in the student’s removal
from the course. (All mobile phones must be turned off at the beginning of class,
unless previous arrangements have been made with the instructor.)
Assignments and Exams
Assignments and due dates will be announced in class. Use of a computer for
assignments is encouraged, and poor presentation will result in reduced marks.
Assignments are due at the beginning of class on the due date and marks will be
deducted for late assignments. No late assignments are accepted once marked
assignments have been returned.
There will be two midterms (approximately 1.5 hours) and one final exam (2 hours).
Devices with digital text or photo display (mobile phones, PDA’s, programmable
calculators, etc.) are not permitted for use in exams. Students who miss a midterm
must contact the instructor immediately to determine if alternate arrangements can
be made.
Plagiarism and Cheating Policy
Plagiarism and cheating are serious educational offences, which may result in failure
of an assignment, failure of a course, and possible suspension from Langara. For
more details, please refer to Langara's Code of Conduct in the College calendar or
Student Policies and Procedures on Langara's website at www.langara.bc.ca.
School of Management
It is the aim of the School Management at Langara College to promote the mastery
of core skills such as reading, reading comprehension, writing fluency, verbal
articulation, and analytical development. These core skills will be practiced by
means of presentations and class participation, and will be evaluated on submitted
work. Critical thinking and problem solving exercises are encouraged at every
opportunity.
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Course Schedule – FMGT 2294 Sec 1
Tentative Dates
Chapter
Chapter Topic
May 11
1
Managerial Accounting and the Business Environment
May 13, 18
2
Cost Terms, Concepts and Classifications
May 20, 25
3
Systems Design: Job Order Costing
May 27, June 1
4
Systems Design: Process Costing
June 3, 8
5
Activity-Based Costing: A Tool to Aid Decision Making
June 10
1–4
Midterm 1
June 15, 22
6
Cost Behaviour: Analysis and Use
June 24
7
Cost-Volume-Profit Relationships
June 29
8
Variable Costing: A Tool for Management
July 1
7
Canada Day - holiday
July 6, 8
9
Budgeting
July 13, 15
10
Standard Costs and Overhead Analysis
July 20
5–9
Midterm 2
July 22, 27
11
Reporting for Control
July 29 Aug 3
12
Relevant Costs for Decision Making
Aug 5
Study Day/ Exam Review
Aug 10 - 17
Final Exams
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