4AA3 coure outline
Commerce 4AA3
Managerial Accounting II
Fall 2014
Course Outline
Accounting and Financial Management Services Area
DeGroote School of Business
McMaster University
Course Objective
The objective of this course is to develop the students’ analytical abilities to deal with problems relating to financial situations within the firm. 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:
C03 – Friday, 8:30-11:20
C04 – Friday, 14:30-17:20
Instructor:
Garth Sheriff
Email:
sheriffg@mcmaster.ca
Office:
TBA
Office Hours:
F 12:30 noon – 2:00 p.m. or by appointment
Tel.:
TBA
Course Elements
Credit Value:
3
Leadership:
Yes
IT skills:
Yes
Global view:
Yes
Avenue:
Yes
Ethics:
Yes
Numeracy:
Yes
Written skills:
Yes
Participation:
Yes
Innovation:
No
Group work:
Yes
Oral skills:
Yes
Evidence-based:
Yes
Experiential:
Yes
Final exam:
Yes
Guest speaker:
No
Course Description
The course looks at organizational theory and the ways in which transfer pricing, divisional 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.
Managerial Accounting II
Fall 2014
Course Outline
Accounting and Financial Management Services Area
DeGroote School of Business
McMaster University
Course Objective
The objective of this course is to develop the students’ analytical abilities to deal with problems relating to financial situations within the firm. 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:
C03 – Friday, 8:30-11:20
C04 – Friday, 14:30-17:20
Instructor:
Garth Sheriff
Email:
sheriffg@mcmaster.ca
Office:
TBA
Office Hours:
F 12:30 noon – 2:00 p.m. or by appointment
Tel.:
TBA
Course Elements
Credit Value:
3
Leadership:
Yes
IT skills:
Yes
Global view:
Yes
Avenue:
Yes
Ethics:
Yes
Numeracy:
Yes
Written skills:
Yes
Participation:
Yes
Innovation:
No
Group work:
Yes
Oral skills:
Yes
Evidence-based:
Yes
Experiential:
Yes
Final exam:
Yes
Guest speaker:
No
Course Description
The course looks at organizational theory and the ways in which transfer pricing, divisional 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.