MANAGERIAL ACCOUNTING

Course Description

In this course, the development, interpretation, and use of relevant cost behavior, control, and traceability concepts for management planning, controlling and decision making are emphasized. Topics include: an introduction to product costing, the contribution concept, performance standards and variance analysis, responsibility accounting, segment profitability, alternative choice decisions, and capital budgeting. A study of the uses of accounting information for managerial decision making. Areas covered include: manufacturing, merchandising, and service cost systems: costvolume profit analysis; budgeting; and capital investment decision making, cost accounting terminology, job costing, process costing, activity-based costing, activity-based management, cost-volume-profit analysis, budgeting, standard costing, variance analysis, responsibility accounting, variable costing, transfer pricing and decision making.

MANAGERIAL ACCOUNTING

Evaluation Tools (Active Term)

Course outcomes

1. 01 help in prepare students on how to use the information in managerial decision making in a real world situation
2. 02 equip the students with the fundamental tools of managrial accounting and how to use this knowlwdge in decesion making

Course Syllabus

Reference Books & Course Materials

1. 01 Williams J., Haka S., Carcello J., Financial & Managerial Accounting, 17th Edition, McGraw Hill.
2. 02 Garrison R., Noreen E., Brewer, Managerial Accounting, 15th ed. ISBN: 978007802563, McGrawhill.

Learning Outcomes

1. L01 Demonstrate an understanding the managerial accounting concepts SOLO 4
2. L02 Develop an application a range of managerial accountig concepts for relevant accounts SOLO 5
3. L03 Reflect an application of accounting standards for relevant costs SOLO 5
4. L04 Demonstrate an understanding on how to use necessary managerial accouintg techniques to make cost analysis SOLO 4
5. L05 Develop critical thinking skills and solve managerial accounting problems through the use of case studies SOLO 5

Program Outcomes

1. P01 1. Gained the necessary skills to learn and adopt a spirit of continuous learning in their professional life.
2. P02 2. Developed various skills by working independently via specific learned techniques that both triggered individual efforts and encouraged collaborative work.
3. P03 3. Acquired the essential knowledge and skills to apply key theories, models and applications within the global business context.
4. P04 4. Adopted and applied critical and strategic thinking together with research capabilities for efficient and effective business decisions.
5. P05 5. Utilized and managed ethically information technologies required for contemporary business world.
6. P06 6. Been equipped with conceptual and analytical skills necessary for team work within global organizations.
7. P07 7. Displayed their learnt communication skills that are required to effectively interact in a cross cultural and diverse international work environment.
8. P08 8. Applied their acquired knowledge within the changing work environment.
9. P09 9. Developed an understanding of ethical perspectives and social responsibilities to be used at work and in personal life.

Po-Lo Matrix