COURSE OUTLINE
GIFT BUSINESS SCHOOL
MBAManagement Accounting- ACC-701Spring -2015Faculty: GIFT
Business School
Credit hours: 03
Course level:Graduate (Elective)
Campus/Location/Instruction Mode:GIFT University/On Campus/In
Person
Course Instructor:Mr. Naveed Ahmad
[email protected]
Consultation hours:Monday to Friday (as proposed by the
instructor)
Pre-requisite:ACC-512 / 516
TimingAs per university time table
This document was last updated:April 3, 2015
BRIEF COURSE DESCRIPTION:The aim of the course is to provide an
in depth knowledge and understanding of the use of accounting
information for internal purposes contrary to the external
disclosure focus of the financial accounting. In particular, the
objective of the course is to familiarize students with the
fundamental concepts of management accounting system, and use of
such information for decision making and performance
evaluation.
COURSE LEARNING OBJECTIVES:The primary objectives of this course
are:
1. To develop an understanding of the costing, cost
calculation.
2. To develop understanding of application of different
techniques of cost allocation.
3. To understand the relationship between cost and volume and
application of this in making different decisions. 4. To develop
ability to make different decisions by using accounting
information.
5. To understand the application of budgeting and standard
costing as controlling tool.
6. To apply the different tools of management accounting for
performance appraisal.To achieve these objectives, teaching focus
will be on conveying the specific concepts and develops analysis
capabilities without losing the general management perspective.
COURSE MATERIALS:The course packet is ready for you to purchase
at the Resource Center. IT IS ESSENTIAL FOR EVERYONE TO PURCHASE
THE COURSE PACKET. This packet contains case-materials (Prescribed
book is available in market, you can purchase it). Required
readings should be done before the class for which they are
assigned. PRESCRIBED TEXTBOOK:
1. Cost Accounting by Horengren 14th Edition
REFFRENCE TEXTBOOKS:2. Cost Accounting by Matz and Usery 7th
Edition
3. Management and Cost Accounting by Collin Drury, 7th
Edition
Most of these books are available at GIFT University
Library.PREREQUISITES:ACC-512: Cost Accounting must be
cleared.GRADING & EVALUATION:
Your final grade in the course will be computed using the
following weights:AssessmentIndividual/GroupPercent
Class Participation & AttendanceIndividual20%
QuizzesIndividual10%
AssignmentsIndividual/Group10%
MID TERMIndividual20%
Final ExamIndividual30%
WACIndividual/Group10%
CLASS PARTICIPATION:
Class attendance is a requirement. You should notify me in
advance via email if you cannot attend a class. Missing multiple
classes can seriously jeopardize even the best students chance of
success in this class. Participation is evaluated by the quantity
and quality of your input. Thus, students are expected to
adequately prepare for all classes. Overall, lets try to create
discussions around interesting, creative and insightful comments
that stimulate the minds of the group. Some of the criteria that I
will use to judge effective class participation for grading
purposes include: Is the participant a good listener?
Are points made relevant to the current discussion? Are they
linked to the comments of other students?
Do the comments show clear evidence of appropriate and
insightful analysis of the case data?
Is there a willingness to participate?
Is there a willingness to test new ideas, or are all comments
safe?
Do comments clarify and highlight the important aspects of
earlier comments and lead to a clearer statement of the concepts
being covered?One of the following six grades is recorded as Class
Participation in each session:
-1 or -2 student was absent or was engaged in cross talking, or
didnt prepare for the session
0 late, no participation, or was unprepared for session
1 Read the case2 Thorough Preparation + Active listening
(challenge someones analysis)
3 preparation + Active listening + Excellent explanation
4 Analyzed the case, evaluated options and decision defended5
Added to my learning
QUIZZES:
Individual Quizzes will take place at the beginning of class on
the sessions mentioned in this syllabus. If you miss a quiz a 0%
will be recorded for that quiz there are no make-up quizzes.
Quizzes will always contain one or two short numerical.Written case
Analysis:
There will be case analyses to be done in the course. Case will
be assigned and students would have to submit in the assigned time
period. Reports should be strictly professional FINAL EXAM:
The final exam will include a case/cases evaluation.DETAILED
COURSE OUTLINE:
WEEKSTOPICSReadings/ArticlesDiscussion Cases/Assignments
1
Cost classification and allocationChapter #2 & 4
2Allocation of indirect costsChapter #15 Case: Selligram
IncAssignment 1:Case: Tots R Us
3Activity based costing and activity based managementChapter
#5
4Activity based costing and activity based managementChapter #5
Case: Wilkerson CompanyAssignment 2: Classic Pen Company:
Developing an ABC Model
5Cost, volume and profit analysisChapter #3
6
Cost, volume and profit analysisChapter #3 Case: Salem Telephone
CompanyAssignment 3:
Hallstead Jewelers
7Decision making by using accounting informationChapter #11
Case1: BW Manufacturing Co.
8Decision making by using accounting informationChapter #11 Case
2: Bridgeton Industries Assignment 4: Baldwin Bicycle Co
9MID TERM Exam
10Budgeting, Flexible Budgeting and Performance ReportingChapter
#6 Case: Blackheath Manufacturing Company revisited
11Budgeting, Flexible Budgeting and PerformanceChapter #7 Case:
Walthom Motors Assignment 5: Town of Belington
12Standard costing and variance analysisChapter #7&8
13Standard costing and variance analysisChapter #7&8 Case:
Luotang PowerAssignment 6: Mile High Cycles
14Performance evaluation by using management accounting
toolsChapter #23
15Performance evaluation by using management accounting
toolsChapter #13 Case: Catanese & Vulcan A&B
PAGE 3
