This course deals with the role of accounting in an organization’s planning and control system which includes costing, cost allocation, variance analysis, responsibility accounting, performance evaluation, and incentive compensation. The way in which management accounting information affects the strategic and operational decisions within the organization will also be discussed. Instructor and Contact Information Section: Coos – Friday, CA – Friday, Instructor: Garth Sheriff Email: [email protected] A Office: TAB Office Hours: F 12:30 noon – 2:00 p. M. Or by appointment Course Elements Credit Value: 3 Leadership: Yes IT skills: Global view: Avenue: Ethics: Innumeracy: Written skills: Participation: Innovation: No Group work: Oral skills: Evidence-based: Experiential: Final exam: Guest speaker: Course Description The course looks at organizational theory and the ways in which transfer pricing, visional performance evaluation and incentive compensation systems are integrated into the strategic planning and management control systems.
It also includes topics on activity-based costing and management in greater details. It introduces such topics as customer profitability analysis, strategic profitability analysis, as well as the management of quality and time. Ethics, governance, and management control of not-for-profits will also be introduced as time permits. The course considers these topics using readings, problems and cases to provide students with an in-depth appreciation of the field.
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Throughout the course, the objective is to develop your ability to use your knowledge of accounting and analytical methods to solve problems in the areas of planning and control and the way in which they contribute to developing and implementing strategy in organizations. Learning Outcomes Upon completion of this course, students will be able to complete the following key tasks: Understand the application of balanced scorecard as a strategic management and performance management system.
Apply the principal of responsibility accounting to planning and control, with a focus on how organizational strategy effects the design of management control system. Apply management accounting concepts to the design of specific components of the management control system, including organizational structure, performance management system, and compensation contract. Use analytical tools, such as activity-based costing, customer profitability analysis, strategic profitability analysis, etc. In assessing the performance of an organization with respect to its strategy. Required Course Materials and Readings Hormone, C. T. , S. M. Attar, G. Foster, M. Raja, C. Dinner, M. Gowning, and S. Jan. Cost Accounting: A Managerial Emphasis, Sixth Canadian Edition, Prentice Hall Canada, Inc. , ON: Scarborough, 2013. Custom Courseware (Assignments and Cases) 0 purchase a copy at the bookstore Optional Course Materials and Readings Hilton, R. W. , M. W. Maier, and F. H. Sells.
Cost Management: Strategies for Business Decisions, Irwin McGraw-Hill, 2000 (HAMS) (on reserve in Inns Room). Anthony, R. N. And D. W. Young. Management Control in Nonprofit Organizations. Seventh Edition, McGraw-Hill/Larkin, NY: New York, 2003 (AY) (on reserve in Inns Room). Reading List is available on avenue. Smarter. Ca and Selected Readings for Commerce AAA are on reserve in Inns Room. Evaluation Learning in this course results primarily from readings, in-class discussion, and case studies (report and presentation).
There are no marks assigned for class attendance. For each week, students who do not participate at all in class discussion or through nutrition to the learning environment will receive a mark of ZERO, students who actively participate and contribute to class discussion or the learning environment will receive a mark of ONE, and students whose contribution to class discussion or learning environment is deemed satisfactory will receive a mark of 0. 5. Note: Assignment in lieu of Participation has been given in the past. NO Assignment in lieu of Participation will be given for this course.
Accordingly, students who do not participate at all in class discussion will receive a mark of ZERO for class participation in this course. Midterm (30%) The midterm examination will contain multiple choice, short answer and long form case questions that accounts for 30% of your final grade. The exam will cover material from the text book, readings, lectures and class discussion. The exam will be held in-class on February 12th. Case Study (20%) Students will be required to hand in two of the five selected cases (the cases are numerated and boiled on the course outlined).
Students may wish to work on these cases in small groups of at most four. Whether the case report is done individually or in small groups will depend on the total enrolment in the course. The case report just be of professional quality, typed, double-spaced with reasonable fonts (size 1 1) and margins (1″). The case report should include (I) a brief introduction identifying the relevant organizational/accounting problems and issues; (it) a detailed analysis of the issues with recommendations; and (iii) a conclusion.
It is expected that the written case will be presented as a logical argument based on sound analysis of the case facts and not on opinion or speculation. Point-form analysis is not acceptable. The report must be short, that is, fewer than five double-spaced typed pages, concise and to the point. Excessive length, excessive verbosity, lack of precision or otherwise poor writing skill will affect your grade. Case reports are due at the beginning of the class (8:30 a. M. For CIO and 2:30 p. M. For CA). Late submission will not be accepted for marking, I. E. A mark of ZERO will be assigned accordingly. Final Exam The Faculty’s Policy on Missed Mid-Term Examinations/Tests (p. 6) does not apply as there is no mid-term examination for this course. There will be one comprehensive final examination. The rules customarily followed by the Dogtrotted School of Business will govern absence from the examinations. NOTE: The use of a Master standard calculator (Oasis FIX-991) is allowed during examinations in this course. See Master calculator policy at the following URL: http://www. Master. Ca/senate/academic/calculate. Tm Academic Dishonesty It is the student’s responsibility to understand what constitutes academic dishonesty. Please refer to the University Senate Academic Integrity Policy at the following URL: http://www. Master. Ca/policy/Students-Academicians/Gastroenteritis. PDF This policy describes the responsibilities, procedures, and guidelines for students ND faculty should a case of academic dishonesty arise. Academic dishonesty is defined as to knowingly act or fail to act in a way that results or could result in unearned academic credit or advantage.
Please refer to the policy for a list of examples. The policy also provides faculty with procedures to follow in cases of academic dishonesty as well as general guidelines for penalties. For further information related to the policy, please refer to the Office of Academic Integrity at: Policy On Missed Mid-Term Examinations / Tests 1. Students may request relief from a regularly scheduled midterm, test, assignment r other course component in the following ways: a) for absences from classes lasting up to five (5) days; or b) for absences from classes lasting more than five (5) days. ) for conflicts arising from Faculty Office approved events a) For absences from classes lasting up to five (5) days Students must use the MASS (Master Student Absence Form). This is an on-line, self-reporting tool, for which submission of medical or other types of supporting documentation is normally not required. Students may use this tool to submit a maximum of one (1) request for relief of missed academic work per term as long as he weighting of the component is worth 29% of the final grade or less.
Students must follow up with their course instructors regarding the nature of the relief within two days of submitting the form. Failure to do so may negate the opportunity for relief. It is the prerogative of the instructor of the course to determine the appropriate relief for missed term work in his/her course. If the value of the component is worth 30% or more, students must report to their Faculty Office (the APP for Commerce students) to discuss their situation and will be required to provide appropriate supporting documentation. For absences from classes lasting more than five (5) days Students cannot use the MASS. They MUST report to their Faculty Office (the APP for Commerce students) to discuss their situation and will be required to provide appropriate supporting documentation. Students who wish to submit more than one request for relief of missed academic work per term cannot use the MASS. They must report to the APP and discuss their situation with an academic advisor. They will be required to provide supporting documentation and possibly meet with the Manager. ) For conflicts arising from Faculty Office approved events Students unable to write a mid-term at the posted exam time due to the following reasons: religious; work-related (for part-time students only); representing university at an academic or varsity athletic event; conflicts between two overlapping scheduled mid-term exams; or other extenuating circumstances, have the option of applying for special exam arrangements. Please see the Dogtrotted Missed Course Work Policy for a list of conflicts that qualify for academic accommodation http:// GU. Dogtrotted. Smarter. Ca/forms-and-resources/missed-course-work-policy/ Such requests must be made to the Academic Programs Office at least ten (10) working says before the scheduled exam along with acceptable documentation. Non- Commerce students must submit their documentation to their own Faculty Office and then alert the Academic Programs Office of their interest in an alternate sitting of the midterm. Instructors cannot themselves allow students to unofficially write make-up exams/ tests. Adjudication of the request must be handled by the Academic Programs Office.
The MASS cannot be used during any final examination period. If a mid-term exam is missed without a valid reason, students will receive a grade of zero (O) for that component. Student Accessibility Services Student Accessibility Services (AS) offers various support services for students with disabilities. Students are required to inform AS of accommodation needs for course work at the outset of term. Students must forward a copy of such AS accommodation to the instructor normally, within the first three (3) weeks of classes by setting up an appointment with the instructor.
If a student with a disability chooses NOT to take advantage of an AS accommodation and chooses to sit for a regular exam, a petition for relief may not be filed after the examination is complete. The AS website is: http://as. Smarter. Ca Research Using Human Subjects Research involving human participants is premised on a fundamental moral commitment to advancing human welfare, knowledge and understanding. As a research intensive institution, Master University shares this commitment in its promotion of responsible research.
The fundamental imperative of research involving human participation is respect for human dignity and well-being. To this end, the University endorses the ethical principles cited in the Trip-Council Policy Statement: Ethical Conduct for Research Involving Humans: http:// www. Pre. Ethics. Go. A/English/polycrystalline/polycrystalline. CFML Master University has mandated its Research Ethics Boards to ensure that all research investigations involving human participants are in compliance with the Trip- Council Policy Statement.
The University is committed, through its Research Ethics Boards, to assisting the research community in identifying and addressing ethical issues inherent in research, recognizing that all members of the University share a commitment to maintaining the highest possible standards in research involving humans. If you are conducting original research, it is vital that you behave in an ethical manner. For example, everyone you speak to must be made aware of your reasons for eliciting their responses and consent to providing information.
Furthermore, you must ensure everyone understands that participation is entirely voluntary. Please refer to the following website for more information about Master University’s research ethics guidelines: http://www. Master. Ca/or’s/ethics/students_intro. HTML Organizations that you are working with are likely to prefer that some information be treated as confidential. Ensure that you clarify the status of all information that you receive from your client. You MUST respect this request and cannot present this information in class or communicate it in any form, nor can you discuss it outside your group.
Furthermore, you must continue to respect this confidentiality even after the course is over. Potential Modifications to the Course The instructor and university reserve the right to modify elements of the course during the term. The university may change the dates and deadlines for any or all courses in the extreme circumstances. If either type of medication becomes necessary, reasonable notice and communication with the students will be given with explanation and the opportunity to comment on changes.
It is the responsibility of the student to check their Master email and course websites weekly during the term and to note any changes. Course Schedule Commerce AAA: Managerial Accounting II Date Topic Reading Problems September 5 Introduction – Code of Professional Ethics Case: Has School of Business 2 September 12 Strategy and Balanced Scorecard Case: Mountain City Transit up. 517-530 Pl 3-22, 36 September 19 Management Control and Decentralization Responsibility Accounting and Responsibility Centre