Course Outline - Business Administration Program: Year 1 ACCT 211 Management Accounting

Brief Course Description

Cost accounting as utilized in manufacturing and non-manufacturing sectors is examined. Major topics include the following: job ordering costing and analysis, costing procedures, cost-volume-profit analysis, budget preparation, standard cost systems, variance analysis, and cost analysis for managerial decision making.

Course Prerequisites

No Prerequisites for this course

Learning Objectives*

On completion of the Unit the candidate will be able to:
  1. Perform job order costing techniques.
  2. Compare and contrast job order costing to process costing.
  3. Describe cost behaviour patterns.
  4. Perform cost-volume-profit analysis.
  5. Compare and contrast variable costing to absorption costing.
  6. Describe activity-based costing systems.
  7. List steps in preparing a master budget.
  8. Prepare a master budget.
  9. Perform variance analysis.
  10. Determine transfer prices.
  11. Perform make or buy decisions.
  12. Carry-out target costing.
  13. Evaluate managerial performance using a balanced scorecard.
  14. Use payback, accounting rate of return, and discounted cash flow methods to make capital investment decisions.

Required course materials*

Pearson's My Accounting Lab website for quizzes and lab assignments.

Course Duration

The Course Duration is 64 Hours

Homework Hours

Course Homework Hours will be 10 hours per week approximately.

Delivery Methods

Indicate how the course is delivered: X In-class instruction
  • Distance education
  • Combined delivery (both in-class and distance)

Teaching Methods*

Teaching Methods will Involve Seminar Format, Lecture format and Laboratory Format depending upon the course demand

Method(s) of Student Evaluation*

Type of Assessment Value
Participation 30%
My Accounting Lab Assignments 30%
Midterm 30%
Final 35%
TOTAL 100%

Completion Requirements*

A Candidate has to attain a minimum score of 50% overall to ensure successful course completion