Management Accounting
Department of Accountancy
AC5521 Cost and Management Accounting
Semester B, 2012-2013 Instructor: Dr. Hao ZHANG Tel: Office: Email: Office Hours: Time Venue 3442-8546 G7752 haozhang@cityu.edu.hk Wed 3:00 pm to 6: pm Thursdays (9:00 am – 11:50 am) AC1 P4701
Course Aims This course aims to provide students with: 1. 2. 3. 4. an introduction to cost and management accounting for internal reporting and decision making purposes; familiarity with cost terminology, and management accounting reports; the ability to apply numerical techniques to solve short run decision making problems; the skill to interpret financial and non-financial performances measures in business.
Course Intended Learning Outcomes (CILO) Upon successful completion of this course, students should be able to: No. CIILOs 1. Apply the principles and problems of cost-volume-profit analysis and relevant costs in short run business decisions (Aims 1 2 & 3) Construct operational budgets, the cash budget and the budgeted financial statements and discuss ethical/behavioral issues in budgeting (Aims 2, 3 & 4) Compute and interpret standard costs and variances, and critically evaluate the advantages and disadvantage of standard costing (Aims 2, 3 & 4) Analyze the different responsibility centers, performance measures and goal congruence issues, including the balanced scorecard (Aim 4)
Become exposed to issues of strategic planning and control (Aim 4)
Weighting (if applicable) 15-20%
2.
15-20%
3.
15-20%
4.
15-20%
5. 6.
15-20%
Become familiar with methods of advanced costing methods 15-20% to aid decision-making (Aim 4)
1
Required Textbook 1. Blocher, Stout, Cokins, “Cost Management: A Strategic Emphasis”, 6th edition. The McGraw-Hill Companies, Inc. 2. Garrison, Noreen, Brewer, Cheng, Yuen, “Managerial Accounting: An Asian Perspective” The McGraw-Hill Companies, Inc. This course is textbook-based. Students are required to have their own copies of the required
AC5521 Cost and Management Accounting
Semester B, 2012-2013 Instructor: Dr. Hao ZHANG Tel: Office: Email: Office Hours: Time Venue 3442-8546 G7752 haozhang@cityu.edu.hk Wed 3:00 pm to 6: pm Thursdays (9:00 am – 11:50 am) AC1 P4701
Course Aims This course aims to provide students with: 1. 2. 3. 4. an introduction to cost and management accounting for internal reporting and decision making purposes; familiarity with cost terminology, and management accounting reports; the ability to apply numerical techniques to solve short run decision making problems; the skill to interpret financial and non-financial performances measures in business.
Course Intended Learning Outcomes (CILO) Upon successful completion of this course, students should be able to: No. CIILOs 1. Apply the principles and problems of cost-volume-profit analysis and relevant costs in short run business decisions (Aims 1 2 & 3) Construct operational budgets, the cash budget and the budgeted financial statements and discuss ethical/behavioral issues in budgeting (Aims 2, 3 & 4) Compute and interpret standard costs and variances, and critically evaluate the advantages and disadvantage of standard costing (Aims 2, 3 & 4) Analyze the different responsibility centers, performance measures and goal congruence issues, including the balanced scorecard (Aim 4)
Become exposed to issues of strategic planning and control (Aim 4)
Weighting (if applicable) 15-20%
2.
15-20%
3.
15-20%
4.
15-20%
5. 6.
15-20%
Become familiar with methods of advanced costing methods 15-20% to aid decision-making (Aim 4)
1
Required Textbook 1. Blocher, Stout, Cokins, “Cost Management: A Strategic Emphasis”, 6th edition. The McGraw-Hill Companies, Inc. 2. Garrison, Noreen, Brewer, Cheng, Yuen, “Managerial Accounting: An Asian Perspective” The McGraw-Hill Companies, Inc. This course is textbook-based. Students are required to have their own copies of the required