ACCT 3251: Intermediate Management Accounting

• Explain competitive forces and relate these to strategic decision frameworks.
• Identify and evaluate strategic success using balanced scorecard measures.
• Evaluate and select between a single and dual-rate cost method to apply period costs of support activities.
• Evaluate, select, and use the three most common cost allocation methods to allocate support department, or period overhead, costs.
• Explain, evaluate, and apply the physical measure, sales value at split-off, and net realizable value cost allocation methods to joint products and by-products.
• Allocate revenue from a product bundle to its distinct components.
• Calculate and interpret revenue variance analyses.
• Generate a customer profitability profile.
• Apply process costing techniques using the weighted average and first-in, first-out (FIFO) methods.
• Incorporate transferred-in costs, spoilage, rework, and scrap to process costing.
• Apply balanced scorecard concepts to quality analysis.
• Analyze quality control problems.
• Demonstrate an understanding of time as a competitive tool.
• Apply the concept of the time value of money to capital budgeting decisions, using the net present value and internal rate of return methods.
• Analyze alternative approaches used to recognize the degree of risk in capital budgeting projects.
• Demonstrate an understanding of the effects of capital cost allowance and income tax on capital budgeting decisions.
• Explain the effect of inflation on capital budgeting decisions.
• Evaluate and apply transfer-pricing methods to products.
• Discuss the effects of income tax when establishing transfer-pricing policies in multinational organizations.

• Module 1: Cost Management: Quality, Time, and the Theory of Constraints
• Module 2: Strategy, Balanced Scorecard, and Profitability Analysis
• Module 3: Period Cost Application
• Module 4: Cost Allocation: Joint Products and Byproducts
• Module 5: Revenue and Customer Profitability Analysis
• Module 6: Process Costing and Spoilage, Rework, and Scrap
• Module 7: Capital Budgeting
• Module 8: Transfer Pricing and Multinational Management Control Systems

The following material is required for this course:

1. Datar, S. M., Rajan, M.V., Beaubien, L., & Janz, S. (2022). Horngren’s cost accounting: A managerial emphasis (9th Cdn. ed.). Pearson Canada.
   Type: Textbook. ISBN: 9780136558217

A financial calculator is required. A Hewlett Packard 10bII, 10bII+, 12c, or Texas Instrument BAII Plus is recommended.

Technical Basics lists the hardware, software, and computer skills requirements for your course.

To successfully complete this course, students must achieve a passing grade of 50% or higher on the overall course and 50% or higher on the final mandatory exam. However, CGA and CICA will only recognize this course if you achieve an overall C+ (65% to 69%) or higher.

An Open Learning Faculty Member is available to assist students. Students will receive the necessary contact information at the start of the course.