NOTE: For registration please contact Bob Gaglardi School of Business and Economics
General Program Inquiries (Email: email@example.com or Tel:
Students explore the three functions managers must perform within their organizations: planning
operations, controlling activities and making decisions. To perform these functions efficiently,
managers must collect and interpret appropriate information based on the firms long-term strategy
and annual objectives. Topics include an introduction to management accounting; costs and cost
behaviours; job or project costing; activity-based costing; cost behaviour and the contribution
margin; cost, volume, profit analysis; budgeting; budget variances and performance evaluation;
performance measures and the balanced scorecard; and short-term decision analysis.
- Outline the management accountant's role in collecting and analyzing information that aligns
the firm's strategy to operational objectives and daily activities.
- Classify accurately costs into categories such as fixed, variable, product, period, direct
and indirect in order to calculate the Cost of Goods Sold.
- Determine the cost of products in a job (or project) cost environment under both traditional
and activity-based methods of allocating overhead costs.
- Calculate product costs using the weighted average process costing method.
- Compute job (project) costs using activity-based costing (ABC) and describe the advantages
and disadvantages of activity-based management (ABM).
- Complete a cost-volume-profit analysis at an introductory level, compute break-even points in
dollars and units, and compute the operating leverage ratio.
- Prepare and use operating budgets including cash flow statements.
- Analyze and interpret budget variances for responsibility reporting.
- Develop the components of a performance measurement system, particularly a balanced scorecard
based on the firm's strategy by identifying appropriate financial and nonfinancial measures.
- Apply short-term decision analysis to examine differential revenues and differential costs to
decide on special orders, outsourcing, equipment purchases, dropping segments, optimal product
mix and pricing.
- Module 1: Managerial Accounting and the Business Environment
- Module 2: Cost terms and Cost behaviour
- Module 3: Cost Behaviour Analysis and Use
- Module 4: Cost-Volume-Profit
- Module 5: Job-Order Costing
- Module 6: Process Costing
- Module 7: Activity-Based Costing
- Module 8: Budgeting
- Module 9: Standard Costs and Overhead Analysis
- Module 10: Performance Measurement
- Module 11: Short-Term Decision Analysis
Required text and materials
Online students are responsible for sourcing and ordering their own textbooks. Please see the
list of required textbooks here: https://www.tru.ca/distance/courses/MBA_Textbook_List.pdf.
Please note that publishers may offer several package options that include additional resource
material not required in your course. You may purchase a package of your choice as long as it
includes the correct author, title and edition listed for your course.
If you have any questions about obtaining the correct textbook, please contact OLMaterials@tru.ca. They will be happy to assist you.
Please be aware that should your course have a final exam, you are responsible for the fee to the online proctoring service, ProctorU, or to the in-person approved Testing Centre. Please contact firstname.lastname@example.org with any questions about this.
To successfully complete this course, students must achieve a passing grade of 70% or higher on
the overall course, and 50% or higher on the final mandatory examination.
|Final Exam (mandatory)
Open Learning Faculty Member Information
An Open Learning Faculty Member is available to assist students. Students will receive the necessary contact information at the start of the course.