Introductory Management Accounting
Hello, dear friend, you can consult us at any time if you have any questions, add WeChat: THEend8_
MGAB03H3
Introductory Management Accounting
Course Description
This course is an introduction to management and cost accounting with an emphasis on the use of
accounting information in managerial decision-making. Topics include patterns of cost behaviour,
cost allocation, transfer pricing, budgeting and control systems. The purpose of the course is to
provide an understanding of the role of accounting data in the internal management of enterprises.
To the extent that they can be differentiated, there are three main areas of interest in the course: (1)
cost accounting (accumulation of costs for income determination and decision-making), (2)
managerial accounting (design of cost systems and use of economic data for decision-making), and
(3) planning, control and performance evaluation.
The course is designed to achieve the following objectives:
The student should be able to:
1. Determine and analyze cost functions, and generate and interpret basic management accounting
information.
2. Explore strategic cost analysis and related management techniques, such as: Activity Based
Costing, Activity Based Management, and Relevant Cost Analysis.
3. Define and explain management accounting and the context within which it functions.
4. Analyze and appreciate the control process and performance measurement to make effective
business decisions.
Though this course does satisfy the requirements of the three major accounting groups in Canada
for an introduction to the subject, it is not intended solely for professional accountancy training.
They provide a better understanding and a valuable analytical tool for anyone considering a career
in management.
Course Materials
(a) Required Text:
Eldenburg, Wolcott, Chen and Cook, Cost Management: Measuring, Monitoring, and Motivating
Performance, 3rd Canadian edition, 2016. (Wiley)
(b) Lecture Slides/Handouts & Quercus – UTSC Learning Management System
Lecture slides and all other class discussion materials are posted on Quercus (Canvas). Students are
reminded to check Quercus (Canvas) on a regular basis.
(c) Suggested Other Sources:
Students are expected to have a general knowledge of current business and economic developments,
especially as they relate to topics covered in the course. The daily Report on Business of the Globe &
Mail and the Financial Post of the National Post are recommended.
Course Policies
This course and your degree are designed to give you a broad understanding of the world of business.
The instructor will strive to provide accurate information, quality materials, and good service. In return,
the instructor expects that you will conduct yourself in a way that prepares you for the world of work:
1. Classes start on time, please strive to come to class time.
2. If you need to leave class early, please notify the instructor.
3. Turn off any devices that may disrupt others, especially when your microphone is on.
4. Make sure that you understand the course outline (including the lecture schedule) and that you keep
up to date by checking Quercus (Canvas) regularly.
5. Respect the learning opportunities of others at all times – classes should not only contribute to your
own learning, but also to that of others.
The required readings cover the basic course material. Classes will only selectively cover the material
in the required readings. Therefore, classes will focus on topic introductions, complicated technical
material, and application. It is crucial that students come to class prepared to discuss the scheduled
topics and participate in the assigned activities. Students are responsible for all topics in the required
readings regardless of whether or not they are discussed during class and are responsible for all topics
covered in lecture, regardless of whether or not they are covered in the required readings. You are
expected to have completed the assigned readings before the class session for which the items are listed.
In each chapter there are Demonstration Cases and Self-Study Questions with solutions provided. It is
strongly recommended that you attempt to solve these problems before tackling some of the more
complex text questions. In addition, various cases/articles may be distributed in class. These are
required readings whether or not the items are formally listed on the course outline.
The key to success in this course is to attempt as many problems to increase your level of technical
knowledge and gain confidence and familiarity of the type of questions you may be asked on the exams.
Students are encouraged to work on all the end of chapter questions.
Management, 1265 Military Trail, Toronto, ON, M1C 1A4, Canada
www.utsc.utoronto.ca/mgmt 3
Evaluation and Grades
Grades are a measure of the performance of a student in individual courses. Each student will be judged
based on how well he or she has command of the course materials. Grades in the course will be based
on the following:
Elements % Due Date
(a) On-line Assignments (4 in total) 10% 1. Saturday, Jan 20 at 23:59 (End of Week 2)
2. Saturday, Feb 17 at 23:59 (End of Week 6)
3. Saturday, Mar 09 at 23:59 (End of Week 8)
4. Saturday, Mar 30 at 23:59 (End of Week 11)
(b) Guest Seminar
One-page Reflection Paper
5%
Guest Seminar (March 14 online)
One-page Reflection Paper (March 17)
(c) Group Case Assignment:
Impact of EDI on Company’s Performance
(i) PowerPoint Presentation
(ii) Group Oral Presentation
10%
(5%)
(5%)
(i) Sunday, Mar 24 at 23:59 (End of Week 10)
(ii) Last class
(d) Exam Review Quizzes (on Quercus):
(i) Midterm Review Quiz (MRQ)
(ii) Final Review Quiz (FRQ)
10%
(5%)
(5%)
(i) Sunday Feb 25 at 23:59 (End of Week 6)
(ii) Sunday Apr 7 at 23:59 (End of Week 12)
(e) Test & Exam
(i) Midterm Exam (2 hours)
(ii) Final Exam (2 hours)Mar
65%
(30%)
(35%)
Date, and Time TBD
Total 100%
(a) On-line Assignments – WileyPLUS:
There are four weekly online assignments. Each assignment should be completed on the specific
date listed on the syllabus (page 9). Students are encouraged to practice as many times as necessary
until they are satisfied with the outcome. It is student’s responsibility to complete the assignment
ahead of the due date. Under no circumstances will the instructor extend the deadline for any
individual student.