GBPGBP (Global Business Program)

Management Accounting is an essential tool that enhances a manager's ability to make effective economic decisions. This course teaches students how to extract and modify costs in order to make informed managerial decisions.

The course covers 3 topics:
1. After an introduction, we will first focus on the interaction of Management Accounting and the business process. "Cost Behavior", "Cost Management Systems" and "Decision Making" are the key issues.
2. In the second part, we will use accounting techniques for planning and control. "Budgeting", "Variance Analysis" and "Management Control System" will be discussed.
3. The last part will be about Capital Budgeting, a technique to evaluate projects having cash flows at different moments in time.

After successfully completing this course, students should be able to:

- Use cost-volume-profit analysis in decision-making
- Use relevant information for decision-making, both for pricing and operational decisions
- Set-up and use a master budget
- Execute variance analysis
- Understand, define, and implement management control systems and
responsibility accounting

This course is strongly related to the "DP1-1", "DP1-2" diploma policies and fairly related to the "DP2-1", "DP2-2", "DP3", "DP4" policies.

英語 / English

This course is taught primarily through lectures. Active participation, whether in the classroom or online, is encouraged.

At the beginning of the class, I will give feedback on the homework assignments as well as a review of the previous class.

Please register from the Hoppii website.

あり / Yes

なし / No

授業形態/methods of teaching：対面/face to face

※各回の授業形態は予定です。教員の指示に従ってください。

Week1[オンライン/online]：Chapter 1: Managerial Accounting, the Business Organization and Professional Ethics

- Management Accounting and Your Career
- Roles of Accounting Information

Week2[対面/face to face]：Chapter 2: Introduction to Cost Behavior and Cost-Volume Relationships

- Variable-Cost and Fixed-Cost Behavior
- Cost-Volume-Profit Analysis

Week3[対面/face to face]：Chapter 3: Measurement of Cost Behavior

- Cost Drivers and Cost Behavior
- Cost Functions

Week4[対面/face to face]：Chapter 4: Cost Management Systems and Activity-Based Costing

- Cost Management Systems
- Traditional and Activity-Based Cost Accounting Systems

Week5[対面/face to face]：Chapter 5: Relevant Information for Decision Making with a Focus on Pricing Decisions

- Pricing Special Sales Orders
- Basic Principles for Pricing Decisions

Week6[対面/face to face]：Chapter 6: Relevant Information for Decision Making with a Focus on Operational Decisions

- Make-or-Buy Decisions
- Deletion or Addition of Products, Services, or Departments

Week7[対面/face to face]：Mid-term exam

Chapters 1-6

Week8[対面/face to face]：Chapter 7: Introduction to Budgets and Preparing the Master Budget

- Budgets and the Organization
- Types of Budgets

Week9[対面/face to face]：Chapter 8: Flexible Budgets and Variance Analysis

- Using Budgets and Variances to Evaluate Results
- Revenue and Cost Variances
- The Role of Standards in Determining Variances

Week10[対面/face to face]：Chapter 9: Management Control Systems and Responsibility Accounting

- Management Control Systems and Organizational Goals
- Designing Management Control Systems
- Controllability and Measurement of Financial Performance

Week11[対面/face to face]：Chapter 10: Management Control in Decentralized Organizations

- Centralization Versus Decentralization
- Performance Metrics and Management Control

Week12[対面/face to face]：Chapter 11: Capital Budgeting

- Capital Budgeting for Programs or Projects
- Discounted-Cash-Flow Models
- Sensitivity Analysis and Risk Assessment in DCF Models
- The NPV Comparison of Two Projects
- Relevant Cash Flows

Week13[対面/face to face]：Chapter 12: Cost Allocation

- Allocation of Service Department Costs
- Allocation of Costs to Product or Service Cost Objects

Week14[対面/face to face]：Chapter 13: Accounting for Overhead Costs

- Illustration of Overhead Application
- Problems of Overhead Application
- Variable Versus Absorption Costing

Read the textbook and complete the assignments given. Preparatory study and review time for this class are 2 hours each.

Horngren, C. T., Sundem, G. L., Stratton, W. O., Burgstahler, D., & Schatzberg, J. (2013). Introduction to Management Accounting (16th edition, Global edition). Pearson.

ISBN-13: 978-0273790013

Students are able to purchase it from the Kindle store.
https://www.amazon.com/Introduction-Management-Accounting-Charles-Horngren-ebook/dp/B00IZ0B24U/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=&sr=&dpID=41Pj-X1q9XL&preST=_SX342_QL70_&dpSrc=detail

No.

Students will be evaluated based on class participation (20%), assignments (40%) and two exams (40%).

Not applicable.

Introduction to Accounting is recommended to be studied.