Course Outline

MANAGERIAL ACCOUNTING

Prerequisites: 15 credit hours, English 099 and Accounting 251

Required text: Garrison, Noreen, Chesley (2001), Managerial Accounting: Concepts for Planning, Control, Decision Making, 5th Canadian Edition

Course Objectives: An introductory course that shows students how managers use accounting and financial information to make decisions about the firm.  Topics include job order costing, process costing, activity based costing, cost-volume-profit analysis, and budgets.
 

Grading:        

Final grades will be determined according to the following
10% Assignments
15% Quizzes
50% Mid-term examinations (2 @ 25% each)
25% Final examination
 

Instructor:  Edward (Ed) Wakulchik, CGA, M.Ed.
 

Course Schedule
Week 1

Chapter 1
Managerial Accounting and the Business Environment
 

Week 2

Chapter 2
Cost Terms, Concepts and Classifications

Week 3

Chapter 3
Systems Design:  Job Order Costing

 
Week 4

Chapter 4
Systems Design:  Process Costing

Week 5

Mid Term #1
Chapter 5
Cost Behaviour:  Analysis and Use                   

Week 6

Chapter 6
Cost-Volume-Profit Relationships

                      
Week 7          

Chapter 7
Variable Costing:  A Tool for Management
 

Week 8          

Chapter 8
Activity Based Costing:  A Tool to Aid Decision Making
 

Week 9          

Mid Term #2
Chapter 9
Profit Planning
 

Week 10        

Chapter 10
Standard Costs and the Balanced Scorecard
 

Week 11        

Chapter 11
Flexible Budgets and Overhead Analysis
 

Week 12        

Chapter 12
Segment Reporting, Profitability Analysis and Decentralization
 

Week 13        

Chapter 13
Relevant Costs for Decision Making
 

Week 14

Final Examination