SPROTT MBA
ACCT 5002
Managerial Accounting
Summer 2013
Instructor:
Class Time:
Classroom:
Email:
Kenneth Xi, PhD, CFA
Tuesdays, 6:05 – 8:55 pm, July 2 – August 6
DT 701
Please use the cuLearn e-mail facility for all course-related communication.
kangwu.xi@carleton.ca
COURSE DESCRIPTION & OBJECTIVES
Accounting has often been called "the language of Business". This course is designed to
help you begin to understand and communicate this language. Broadly stated,
accounting is a process that develops and communicates information about
organizations to support economic decision making.
The ACCT 5002 course focuses on the basic managerial accounting concepts and tools
that aid internal managers in decision making to make optimal financial decisions. Major
topics addressed in this course include: cost and cost behaviour, short and long-term
decision making, activity-based cost systems, budgeting and control issues. The ability
to apply the concepts learned in real world cases and working in groups is also
emphasized in this course.
PREREQUISITE
ACCT 5001
COURSE OBJECTIVES
Upon completion of this course, students will be expected to have:
(1) A general understanding of the nature of management accounting, its concepts
and principles.
(2) An understanding of the need for accounting information for decisions.
(3) Skills to understand and to critically analyze and interpret management
accounting information.
(4) A general understanding of the role of performance measurement and the control
function in organizations.
(5) An understanding of costs and cost behaviour and there use in costing and
decision making for short and long-term decisions.
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(6) An understanding (including the limitations) of accounting measurements and
reporting in performance measurement and control.
TEXTBOOK
Custom publication available at the bookstore for ACCT 5002
GRADING SCHEME ACCT 5002
Participation
Individual Assignment (case)
Group Assignment
Final Exam (August 13)
10%
20%
20%
50%
In the ACCT 5002 course, there will be one individual case (either case week 3 or 4) and
one group case assignment designed to integrate the material from the course. The
cases are due at the beginning of the class assigned to submit the case. Late cases will
not be accepted.
Participation is critical in a course like this. To gain a full understanding of the material,
students are expected to participate in each class. Learning outcomes are enhanced
when students share experiences and knowledge.
There will be one examination scheduled during the formal examination period which will
encompass all the material from ACCT 5002.
METHOD OF INSTRUCTION
Class sessions entail a mixture of lecture, case study, problem analysis, and class
discussion. Lectures emphasize major topics and concepts. It requires active learning,
which means that the student must take responsibility for the learning that takes place.
You are encouraged to ask questions and to stimulate discussion on topics that you
have difficulty understanding.
How to do well in this course:
COME TO CLASS, COME TO TUTORIALS AND PRACTICE, PRACTICE,
PRACTICE…
To perform well in this course, you must spend time answering extra problems and
checking the answers to test their understanding. To maximize your learning, you should
make an honest attempt at the question before peeking at the solution. Simply reading a
question and then turning to the solution right away is next to useless. You will find that
there is likely to be a direct correlation between the number of problems you prepare,
your attendance in class and your course grade.
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CLASS ETIQUETTE
 Late arrival should be an exception. When necessary, sit on entering side; do not
disturb the class.
 Early departure should be an exception also.
 Early preparation for departure - please don't.
 Talking - with everyone or with no one.
 Cell phones and other electronic noises....off.
TOPICAL COVERAGE
Week Date
Topic
1
July 2
Cost and Cost Behaviour/Cost-Volume
–Profit Analysis
2
July 9
Product Costing and Activity Based
Costing
3
July 16
Budgeting
Chapter
2 and 3
4 and 5
6
4
July 23
Variance Analysis
5
July 30
Short-run Decision Making
6
August 6
Performance Measurement and the 13 and 24
Balanced Scorecard
August 13
FINAL EXAM
PROBLEMS TO WORK ON
Week Date
Chapter
1
July 2
2&3
Cases
7 (excl p. Individual
259-264)
Case
11
Group
Case
2
July 9
4&5
3
July 16
6
Problems
2-16, 2-20, 2-22, 2-29, 2-33
3-13, 3-18, 3-21, 3-24, 3-25, 3-28, 3-35, 3-40, 3-49
4-23, 4-25, 4-28, 4-32, 4-36, 4-37, 4-41
5-18, 5-20, 5-21, 5-25, 5-28, 5-31, 5-32, 5-36
6-17, 6-18, 6-19, 6-20, 6-21, 6-22, 6-29, 6-31, 6-34
4
July 23
7
7-18, 7-21, 7-24, 7-25, 7-32, 7-33, 7-34
5
July 30
11
11-18, 11-19, 11-20, 11-23, 11-26, 11-27, 11-29, 11-38
6
August 6
13 & 24
13-16, 13-18, 13-22, 13-23, 13-29, 13-34
24-18, 24-20, 24-23, 24-25, 24-37
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Summer Term 2013
May 6
Early summer and full summer classes begin.
May 13
Last day for registration and course changes for early summer courses.
May 17
Last day for registration and course changes for full summer courses.
May 20
Statutory holiday. University closed.
May 31
Last day to withdraw from early summer courses with full fee adjustment.
June 7
Last day to withdraw from full summer courses with a full fee adjustment
Last day to submit to the Paul Menton Centre for Students with Disabilities, formal Examination
Accommodation Forms for June examinations.
June 14
MBA early summer classes end
June 17-21
MBA early summer exams and final deliverables
June 24-28
MBA class break
June 30
Final deadline for summer term fee payment.
July 1
Statutory holiday. University closed.
July 2
Late summer classes begin. Full summer classes resume.
July 9
Last day for registration and course changes for late summer courses.
July 19
Last day for withdrawal from late summer courses with full fee adjustment.
July 26
Last day to submit to the Paul Menton Centre for Students with Disabilities, Formal Examination
Accommodation Forms for August examinations.
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August 5
Statutory Holiday. University closed.
August 14
Last day of late summer and full summer classes.
Last day for academic withdrawal from late summer and full summer courses and any other courses that
end this term.
Last day for handing in term assignments, subject to any earlier course deadline.
August 16
Summer Co-op Work Term Reports are due.
August 17-22
Summer examinations 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.
September 27-28
Summer term deferred final examinations will be held. Examinations are normally held in the day and
evening.
September 30
Last day for receipt of applications for review of final grades for summer term courses.
CHANGES TO THE SYLLABUS
A syllabus is a tool to help you plan your time. Every effort is made to make the syllabus
as complete as possible, but there may be occasions when changes are required. The
instructor will announce any deviations from the syllabus in class and the change will be
posted on the course web page.
IMPORTANT ADDITIONAL INFORMATION
Required calculator in BUSI course examinations
If you are purchasing a calculator, we recommend any one of the following options:
Texas Instruments BA II Plus (including Pro Model), Hewlett Packard HP 12C (including
Platinum model), Staples Financial Calculator, Sharp EL-738C & Hewlett Packard HP
10bII
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.
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.
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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/
Academic Accommodations for Students with Disabilities
The Paul Menton Centre for Students with Disabilities (PMC) provides services to
students with Learning Disabilities (LD), psychiatric/mental health disabilities, Attention
Deficit Hyperactivity Disorder (ADHD), Autism Spectrum Disorders (ASD), chronic
medical conditions, and impairments in mobility, hearing, and vision. If you have a
disability requiring academic accommodations in this course, please contact PMC at
613-520-6608 or pmc@carleton.ca for a formal evaluation. If you are already registered
with the PMC, contact your PMC coordinator to send me your Letter of
Accommodation at the beginning of the term, and no later than two weeks before the
first in-class scheduled test or exam requiring accommodation (if applicable). After
requesting accommodation from PMC, meet with me to ensure accommodation
arrangements are made. Please consult the PMC website for the deadline to request
accommodations for the formally-scheduled exam (if applicable).
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
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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/
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