BUS 491 Intermediate Management Accounting builds on Management Accounting to further develop the student's ability to use both quantitative and qualitative information to make effective planning and control decisions. Topics include cost/volume/profit analysis, various costing systems, budgets, management control and pricing decisions.
Prerequisites: BUS 350 with a minimum grade of 64%
Accessibility Services Notice
Students who would like an academic accommodation and who have a documented disability should contact Accessibility Services, if they have not already done so.Course Details| Total number of weeks | 15 |
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| Total Credits | |
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| Total Hours | 60 |
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Typical hours per week breakdown| Lecture | 4 |
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Learning Outcomes
Upon successful completion of this course, the learner will be able to:
- Explain management control strategies
- Evaluate cost analysis and costing systems
- Generate budgets
- Generate a customer profitability profile
- Analyze cost behaviour
- Demonstrate decision making using relevant information
- Apply pricing decisions
Teaching and Learning Approach
This course consists of:
- In class group work with hand in computations done in google sheets
- Group projects (Proposal project & CPA DIAS)
- Exams
You will be required to bring your own computer to classes and exams.
Your participation is integral to your success.Learning Resources
Optional:
Horngren, Datar, Rajan, Beaubien, Graham (2022). Cost Accounting: A Managerial Emphasis. 9th Canadian
Edition Plus MyLab Accounting with Pearson eText – Access Card Package, 9/E. Pearson.
Required:
Business/Financial Calculator, recommended Texas Instruments BAII Plus
Personal LapTop Computer
Internet Service
Web CameraDetailed Course Content, Topics, and Sequence Covered
1. Ch 1. The Accountant’s Vital Role in Decision Making
2. Ch 2. An Introduction to Cost Terms and Purposes
3. Ch 3. Cost-Volume-Profit Analysis
4. Ch 4. Job Costing
5. Ch 5. Activity-Based Costing and Management
6. Ch 6. Master Budget and Responsibility Accounting
7. Midterm review
8. Midterm week
9. Ch 7 & Ch 8. Flexible Budgets, Variances and Management Control I & II
10. Ch 9. Income Effects on Denominator Level on Inventory Valuation
11. Ch 10. Analysis of Cost Behaviour
12. Ch 11. Decision Making and Relevant Information
13. Ch 12. Data Analytic Thinking and Prediction
14. Final exam review CPA - DAIS IT and power BI Questions
15. Final ExamAssessment
| Title | Learning Outcomes | Value |
|---|
| Term Work | 1,2,3,4,5,6,7 | 20% |
| Proposal project | 1,2,3,4,5,6,7 | 15% |
| CPA - DAIS | 1, 2, 6 | 5% |
| Mid-Term Exam | 1, 2, 3, 4, 5, 6, 7 | 30% |
| Final Exam | 1, 2 ,3, 4, 5, 6, 7 | 30% |
| Total | 100% |
Grading Table
Standard Academic and Career Programs Grading Table
| Percentage |
Letter Grade |
GPA |
| 90-100 |
A+ |
4.33 |
| 85-89 |
A |
4.00 |
| 80-84 |
A- |
3.67 |
| 76-79 |
B+ |
3.33 |
| 72-75 |
B |
3.00 |
| 68-71 |
B- |
2.67 |
| 64-67 |
C+ |
2.33 |
| 60-63 |
C |
2.00 |
| 55-59 |
C- |
1.67 |
| 50-54 |
P |
1.00 |
| 0-49 |
F |
0.00 |
| |
DNW |
0.00 |
See the Academic Calendar for General Information including how to withdraw from course(s) and other regulations.
Disclaimer
Information contained in this course outline is correct at the time of publication. Content of the course is revised on an ongoing basis to ensure relevance to changing educational, employment and market needs. The instructor will endeavor to provide notice of changes to students as soon as possible. The instructor reserves the right to add or delete material from courses.