Course Outline
Department:
School of Management
Course Number:
FMGT 1116
Course Title:
Accounting for Managers
Semester Year:
Fall 2015
Section:
001
Days:
Thursday
Hours:
1830 - 2120
Classroom:
B251
CRN:
30757
Credits:
3
Instructor Contact
Name:
Akash S. Rattan
Phone:
604-340-2907
Office:
A032
Email:
arattan@langara.bc.ca
Office Hours:
Wednesday and Thursdays 1715 - 1815
Course Description
This course provides an overview of basic financial and managerial accounting principles and techniques,
including the managerial use of financial statements and other financial information for decision-making
purposes. Students will initially be introduced to the principles and techniques used in financial
accounting. The second part of the course will explore common managerial accounting techniques such
as budgeting, cost-volume profit analysis and decision-making.
Learning Outcomes
Learning Outcome
Measurement
Understanding the concepts, principles and conventions upon
which financial accounting is based and to further the intelligent
use of the reports that result.
Quizzes, mid-term examination, final
examination
Understand the accounting policies as well as the implications
for the users of financial accounting information
Quizzes, mid-term examination, final
examination
Fall 201530 – R JUL292015
Page 1 of 6
Course Outline
Students will have mastered basic financial management
techniques including cash budgeting, break-even analysis and
target-profit planning
Quizzes, mid-term examination, final
examination
Prerequisite(s)
None
University Transferability
Refer to www.bccat.bc.ca for transferability and whether credits are assigned or unassigned.
Required Textbooks
Schoenebeck and Holtzman. Interpreting and Analyzing Financial Statements. Sixth Edition. Upper
Saddle River, New Jersey: Pearson, 2013.
Braun, Tietz, and Pyper. Managerial Accounting. Second Canadian edition. Toronto, Ontario: Pearson,
2015.
Custom Text Package: ISBN 978-1-269-51775-1
MyAccountingLab: Students need to access MyAccountingLab for Managerial Accounting assignments.
Articles and handouts distributed (in class and on www.akashrattan.com) throughout the semester are
considered required reading.
Desire 2 Learn (D2L)
Students are expected to regularly check D2L for posted readings, assignments, quizzes, and messages
from the instructor. All PowerPoints, readings, quizzes and assignments will be submitted through D2L.
Grade Allocation
Quiz 1
15%
Quiz 2
15%
Midterm
35%
Final Exam
35%
TOTAL
Fall 201530 – R JUL292015
100%
Page 2 of 6
Course Outline
Grading Legend
A+
95 – 100%
B+
80 – 84%
C+
65 – 69%
D
50 – 54%
A
90 – 94%
B
75 – 79%
C
60 – 64%
F
< 50%
A-
85 – 89%
B-
70 – 74%
C-
55 – 59%
NOTE: Students must receive a grade of at least 50% on the individual grade
components i.e. quizzes, midterms, and final exam in order to pass the course.
Expectations
Read the textbook chapter and materials posted on D2L a minimum of once a week. All students are
encouraged to participate in online discussions. Students are also encouraged to contribute to the
learning process through discussion of personal job-related experience where applicable.
Any course work, which is not completed because you were late for, or missed it, will receive 0%. If you
miss a midterm exam, quiz or any other type of submission, you are required to contact me in advance
and provide a Doctor’s note for verification or you will receive 0%. Review the Final Exam Policy here:
http://www.langara.bc.ca/registration-and-records/pdf/F1007.pdf
Assignments must be submitted on or before the specified time and date. If you do not submit on time,
without prior notification to me and with my approval to submit at a later date, this will result in you
receiving an “F” (0%). There will be no exceptions to this standard, other than under exceptional
documented circumstances or for medical reasons.
It is your responsibility to keep up with the course, know what has been covered, etc. If you don’t read
e-mails or Announcements, you are responsible.
My role as your instructor is to be one of your learning sources. I am here to help you and to provide any
additional coaching or tutoring that you may need. Please use me as a resource.
Plagiarism and Cheating Policy
All members of the Langara community are expected to observe high standards of academic integrity
and ethical behaviour in completing assignments for evaluation and testing.
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 course calendar or Student Policies and Procedures on Langara's website at:
http://www.langara.bc.ca/registration-and-records/pdf/F1004.pdf
Fall 201530 – R JUL292015
Page 3 of 6
Course Outline
You are REQUIRED to use the Chicago Manual of Style when identifying your sources. Student work
submitted without proper citation will be returned without being graded.
Examination Procedures
This course requires a final examination. All students are expected to review and understand the Final
Examination Policy which can be found here: http://www.langara.bc.ca/registration-and-
records/policies-and-procedures/final-exam-policy.html
Examination Procedure Regarding for Personal Effects
o
Students will not be allowed to store any bags within reach of their seats while writing exams;
o
Any bags brought to the examination room (classroom), students will be required to leave their bags
at the front or side of the room and the instructor or College cannot take responsibility for the
safety of these bags; and
o
therefore, students are advised to
o
not to bring bags to campus at all,
o
ensure bags do not contain anything value within,
o
make arrangements with a friend whom they can trust to look after their belongings while
writing the exam.
School of Management
It is the aim of the School Management at Langara College to promote the mastery of core skills such as
reading and reading comprehension, writing fluency, verbal articulation, and math 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.
As stated in the College Calendar and according to College policy, students are expected to attend all
classes, lectures, laboratories, workshops, seminars, and practicum commitments, and be available to
write final examinations where and when scheduled during the examination period.
Students are also reminded to refer to policies and procedures related: Code of Academic Conduct,
Improper/Disruptive Behaviour, Appeal of Final Grades, Concerns Related to Instruction, Attendance,
etc. found in the College Calendar and in the current Student Handbook.
For more information about the School of Management programs, please contact the School’s advisors
(see advising schedule in the office corridor near B253 or B254) or email business@langara.bc.ca.
Fall 201530 – R JUL292015
Page 4 of 6
Course Outline
Course Schedule
Course Withdrawal Periods - Important Notice
Oct 31 Last day (before 2100 hours) to withdraw from regular semester courses.
Refer to the Langara College website for more information on Important Dates.
http://www.langara.bc.ca/registration-and-records/important-dates/index.html
Week Date
Topics and Deliverables
1
Sept 10th
Chapter 1 (Schoenebeck) – What is Accounting?
2
Sept 17th
Chapter 2 (Schoenebeck) – The Balance Sheet
3
Sept 24th
Chapter 3 (Schoenebeck) – Income Statement
4
Oct 1st
QUIZ #1 (Chapters 1 -3); Chapter 4 (Schoenebeck) - Equity
5
Oct 8th
Chapter 5 (Schoenebeck) – Statement of Cash Flows
6
Oct 15th
Chapters 6 and 8 (Schoenebeck) – Specific Accounts and Review
7
Oct 22nd
MIDTERM (Chapters 1 – 8, excl Chapter 7)
8
Oct 29th
Chapter 2 (Braun) – Building Blocks of Managerial Accounting
LAST DAY TO WITHDRAW IS OCTOBER 31, 2015
(BEFORE 2100 HOURS VANCOUVER TIME)
9
Nov 5th
Chapter 2 (Braun) – Building Blocks of Managerial Accounting
10
Nov 12th
Chapter 6 (Braun) – Cost Behaviour
11
Nov 19th
Chapter 7 (Braun) – Cost Volume Profit Analysis
12
Nov 26th
QUIZ #2 (Chapters 2, 6, and 7); Chapter 8 – Short term Business
Decisions
13
Dec 3
Chapters 9 and 12 (Braun) – Budgeting and Capital Investment
FINAL EXAMINATION PERIOD: Check the final exam schedule on the Langara website for the exact
date and time. The college requires you to be available to sit final examinations during this period. If
Fall 201530 – R JUL292015
Page 5 of 6
Course Outline
you miss the final examination you will receive an ‘N’ on your permanent academic transcript.
14
Dec 4—16
Final Exams – Check website
NOTE: Course schedule may be subject to some minor scheduling changes.
College Policies
As a student at Langara, you are responsible for familiarizing yourself and complying with the
following policies:
E1003 - Student Code of Conduct
E2006 - Appeal of Final Grade
F1004 - Code of Academic Conduct
F1002 - Concerns about Instruction
E2008 - Academic Standing - Academic
Probation and Academic Suspension
E2011 - Withdrawal from Courses
Or go to: http://www.langara.bc.ca/about-langara/policies/index.html
Privacy
Note: This course may use an electronic (online) instructional resource that is located outside of Canada
for mandatory graded class work. You may be required to enter personal information, such as your
name and email address, to log in to this resource. This means that your personal information could be
stored on servers located outside of Canada and may be accessed by U.S. authorities, subject to federal
laws. Where possible, you may log in with an email pseudonym as long as you provide the pseudonym
to me so I can identify you when reviewing your class work.
Fall 201530 – R JUL292015
Page 6 of 6