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BBUS 4251
Advanced Management Accounting

3.0 Credits

Description

BBUS 4251 is an advanced course in strategic management accounting which examines the integrative and interdisciplinary role of management accounting, and its contribution to strategic management processes. The course uses a case-based and business simulation approach. The course focuses on building competencies, including the application of management accounting tools and techniques, and the effective evaluation, assessment and interpretation of information. These competencies should improve decision making, performance evaluation and strategic processes leading to the overall success of a business organization.

Delivery Method

BBUS 4251 is a paced online course with set start and completion dates. Students registering for a particular start date form one "class" and will complete the course according to a specific schedule with assignments due on specific dates.

Prerequisites

BBUS 3251 or equivalent. Strongly recommended: BBUS 3211, BBUS 3121 and BBUS 3331.

Objectives

On successful completion of the course, students will be able to:

  • Apply advanced managerial accounting concepts in order to make more informed and more effective decisions in simulated and actual business situations.
  • Demonstrate critical thinking through effective writing skills in describing, analyzing and evaluating ideas and experiences.
  • Prepare professional management reports using proper citation standards, that require judgement and analytical skills based on quantitative and qualitative information resulting from research.
  • Develop, prepare and deliver effective oral presentations clearly demonstrating a mastery of the case strategy, performance results and optimal recommendations.
  • Assess, interpret and evaluate different issues that may be faced by business organizations and learn how to effectively document an analysis and provide a preliminary recommendation.
  • Develop management accounting information systems that will play an important role in the overall success of an organization.

Course Outline

The course is made up of ten modules.

  1. Overview of Advanced Management Accounting
  2. Costing and Costing Systems
  3. Allocating Costs and Revenues--Support Service Costs, Fixed Costs, Joint Product Costs, Bundled Product Revenues, and Customer Profitability
  4. Management Information Systems That Promote Informed Decision Making and Support Effective Communication
  5. The Importance of Budgeting
  6. The Importance of Variance Analysis
  7. Capital Budgeting and Investment Decision Making
  8. Quality Issues and Supply Chain Strategies
  9. Management Information Systems - Transfer Pricing and Performance Measurement and Compensation Issues
  10. Strategic Processes and Balanced Scorecards

Maximum Completion

17 weeks. (13 weeks course work plus 4 weeks to write pre-scheduled Final Exam)

Required Text and Materials

Students registering in this course will be required to purchase the following ebook on their own at a cost of $86.00:

  1. Horngren, Foster, Data & Gowing.. Cost Accounting: A Managerial Emphasis. . 5th Cdn edition. Pearson, 2010.
    Type: Textbook, ISBN: 978-0-13-508407-6

The text is available via this link: http://myaccountinglab.mathxl.com/login_malintl.htm

All students will receive the following two texts as part of their course materials:

  1. May, C.B. & May, G.S.. Effective Writing: A Handbook for Accountants. 9th edition. Pearson Prentice-Hall , 2012.
    Type: Textbook,ISBN: 978-0-13-256724-4
  1. Horngren, Foster, Data & Gowing. Student solutions Manual for Cost Accounting: A Managerial Emphasis. 5th Cdn edition. Pearson, 2010.
    Type: Textbook, ISBN: 978-0-13-611021-7

The companion website for Cost Accounting: A Managerial emphasis, 5th Canadian edition, 2010 can be located at: http://myaccountinglab.mathxl.com/login_acct.htm

NOTE: The cases and the simulation noted below are also required to complete your course.

The following cases cost approximately US $4 each. Once your class has started and you know the name of your Open Learning Faculty Member, you are required to purchase these cases from Harvard Business School. Please email them at custserv@hbsp.harvard.edu or call their customer service department (1-800-545-7685) for details on how to get the discounted price for students.

  • Relevant Costs and Revenues. Product number: 9-892-010
  • Wendy's Chili: A Costing Conundrum. Product number: UV1739
  • Salem Telephone Company. Product number: 9-104-086
  • Spike's Indoor Beach Volleyball and Rock Climbing Inc. Product number: 909B05

CapSim Capstone Business Simulation. You will be required to purchase a Capstone Simulation from CAPSIM Management Simulations, Inc. for approximately US $45. To self-register, you will be required to provide your name and an email address. The website is http://www.capsim.com

Additional Requirements

Students require a financial calculator, a computer and Internet access.

Open Learning Faculty Member Information

An Open Learning Faculty Member is available to assist students. Primary communication is through Blackboard's "Mail" tool or by phone. You will receive the necessary contact information when you start your course.

Assessment

To successfully complete the course, you must achieve at least 50% on the mandatory final exam and in the overall course.

Your final grade for the course is determined on the following basis:

Assignment 1 10%
Assignment 2 10%
Assignment 3 10%
Team Business Simulation 20%
Online Discussions 10%
Final Exam 40%


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