Alexandra McMullen, CPA, CA. Office Hours: COURSE OBJECTIVES

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1 University of Manitoba Department of Accounting and Finance Fall 2015 ACC 1110 Introductory Managerial Accounting Section A01 Tuesday and Thursday 8:30am 9:45am Section A02 Tuesday and Thursday 10:00am 11:15am Instructor: Office: Office Hours: Alexandra McMullen, CPA, CA 357 Drake Centre Tuesday and Thursday 11:15 to 12:15 and by appointment COURSE OBJECTIVES This first course in managerial accounting introduces students to the use of accounting information for internal management decision-making. The internal user focus is a notable contrast to the emphasis in financial accounting of reporting the results of a company s operations to external users. The course is designed from the perspective of the general manager, and its primary purpose is to develop the ability to use rather than to prepare accounting information. Specifically, this course should help you to understand how basic cost concepts are applied to develop costing systems that will determine the cost of a company s products or services. Accurate cost data is an essential prerequisite for proper managerial decision-making. understand and apply management accounting concepts and techniques in order to make wise choices between competing alternatives. This requires the ability to extract relevant information from accounting records, reports or statements, and to properly use this information. understand basic concepts of management control systems and utilize these concepts in evaluating the performance of managers, products, or economic units. The course will also address the following learning goals: Ethics: students will be exposed to ethical situations in assigned homework questions and classroom discussions Communications: students will be encouraged to participate in classroom discussions and will be evaluated on written communication on examination papers. Quantitative methods: students will develop skills in basic quantitative analyses in assignment homework questions and classroom activities Critical thinking: students will be expected to determine which decision analyses are required in various situations, the underlying assumptions and limitations of the analyses, and what additional information should be considered.

2 Fall 2015 ACC 1110 A03 Course Outline Page 2 of 9 Assigned Material 1) Garrison et al. Managerial Accounting, Tenth Canadian Edition (10 th CE), McGraw Hill Ryerson: Garrison 10 th CE print book with Connect ISBN = or Garrison 10 th CE Connect + ebook ISBN = Do not throw away the Connect access code card included in the 10 th CE that comes with your new textbook. You need it to access the Connect site with assignments and other resources. Students should only purchase the 10 th edition. The pre-own 9 th edition s access code has been assigned to the previous owner and is not transferrable. In addition, the 9 th edition is no longer supported by the publisher. 2) McGraw Hill Connect sites: The address for Section A01 is: The address for Section A02 is: The required text for ACC 1110 is the NEW 10th edition of Managerial Accounting by Garrison, as highlighted in your course outline. There may be students that previously purchased the 9th edition of Managerial Accounting by Garrison AND are retaking the course due to an unsuccessful first attempt. For this limited group of individuals, we have worked out an alternative with the publisher, so that you will have your online access to Connect and the e-text for the 10th edition, as long as your second attempt at this course is within 365 days. To obtain access, you will need to send some information to your instructor. The deadline for this is October 1, You will need to the following information to your instructor: - student first and last name - student number - the address that you previously used to register for CONNECT 9th edition - information about your previous attempt at ACC 1110: (VW or a course grade) - When did you take this course previously (date and section number)? - Who was your instructor? - A snapshot of your previous grade on your transcript NB. We are NOT providing access to the 10th edition for students who have not previously taken the course and have purchased a second hand copy of the 9th edition of the textbook. 3) ACC 1110 Course materials available for download from UMLearn course website.

3 Fall 2015 ACC 1110 A03 Course Outline Page 3 of 9 4) Course Website Various materials for the course are available on UM Learn. To access the course website, going to will take you to the desire to learn home page. Log into UMlearn using your UMnetID account. Once you are at your UM Learn page, click on the ACC 1110 course title. If you do not yet have a UMNetID account, go to the U of M home page, click on current students and go to Claim ID in the Online Services section. That will take you through the University s claim-id procedure. If you have not already done so, you should set your UM Learn profile to forward mail to the address you use most often. That way, course announcements will be sent to that address. Mark Allocation Midterm Examination: Tuesday, November 3 rd, 2015, 6:30 PM to 8:30 PM 35.0% Exam rooms to be announced 5 Connect Assignments: 10.0% ABC Group Assignment: 2.5% Budget Group Assignment: 2.5% Final Examination: Cumulative, 3 hours, Location and Time TBA 50.0% Course / Tutorial Lab Attendance to the course lab is STRONGLY ENCOURAGED, but attendance is not mandatory. Attendance may be taken in the lab for purposes of evaluating the usefulness of labs, but will not affect your grade in the course. End of Chapter Questions The Connect assignments are NOT sufficient preparation for this course. This course outline also includes a list of suggested chapter questions that should to be done at the end of each chapter or will be discussed in class as time permits. These questions are designed to allow students to review lecture material and to practice applying knowledge of each subject area. Students may benefit from working on questions with a study partner or in a small group. This will help ensure completeness of your individual responses. Questions will not be handed in for grading. It is each student s responsibility to check their own responses against solutions in detail and to identify areas where improvement is necessary. Any persistent difficulties should be discussed with the instructor during office hours or by .

4 Fall 2015 ACC 1110 A03 Course Outline Page 4 of 9 ABC and Master Budget Group Assignments Both assignments are to be done in groups of 4 people and prepared using an Excel Workbook in size 11 of Calibri font. Save your final work of each assignment in PDF format before submission. Submit the PDF format of your assignment electronically in Drop Box on UMLearn course website by 4:00 PM. ABC and Budget Assignments are due respectively on October 14, 2015 and November 25, Late, individual, or in-person paper-based submissions will not be accepted. It is suggested that you make a copy of your answer to check against the class answer, since the assignments will be taken up in the following class. For both assignments, 50% of the grade will be based on completion of all parts, and 50% based on having certain check figures correct. Mandatory Connect Assignments for the 10 th CE You will receive full credit as long as you achieve a score of 70% or better on the assignment. Questions can be re-done without penalty. If you get a score less than 70%, you will receive your actual score on the assignment. Be advised that you MUST hit SUBMIT to submit the assignment to Connect: it is not submitted automatically. Late assignments are accepted, but 5% is deducted from your score for each hour late. Assignment Due by 11:59 PM on Weight 10 th ed. Topic 1 October 1 2% Ch. 2 Cost, Terms, Concepts, & Classifications 2 October 29 2% Ch. 5 Job Order Costing 3 November 12 2% Ch. 4 Cost-Volume Profit Relationships 4 December 3 2% Ch. 10 Standard Costs & Overhead Analysis 5 December 9 2% Ch. 11 Reporting for Control Examinations Students are allowed to bring one 8.5 x 11 inch sheet, handwritten on both sides, into the midterm and the final examination. Write your name and the last four digits of U of M student ID on the upper right hand corner of the sheet. It is necessary to submit this sheet with the examination. Cell phones are not permitted. You must bring your student ID card to the exam. In all cases of absence the instructor should be advised with 7 calendar days of the examination date and receive suitable documentation. Students who miss the mid-term examination for legitimate reasons (medical compassionate, or university sports team travel) and provide suitable documentation in time will have the weight of midterm exam put on the final exam. Note that a conflict with employment is not an excused absence considered by the University. Students who miss the final examination must apply to the Undergraduate Program Office, Room 268 Drake, for possible deferred examination privileges.

5 Fall 2015 ACC 1110 A03 Course Outline Page 5 of 9 Course Conduct Students are expected to complete the text reading and review assigned homework problems prior to class. You should bring your textbook to class with you so you can see the question in front of you: generally, most students are not able to see the question on the projector screens well. Students are expected to behave in a courteous and professional manner in all dealings with both their fellow students and the professor both in and outside of class. Students who exhibit behaviours that detract from the quality of the class (e.g., regularly arriving late or leaving early, talking to classmates during class, answering cell phones, obviously reading material unrelated to the class, listening to ipods) may be asked to correct their behaviour, move to another seat, or be asked to leave the classroom. Important Dates and Deadlines Dates and deadlines set by the University Administration can be found at the below link: Academic Integrity The faculty rules for academic integrity are appended to this document, and should be read carefully. Penalties vary with circumstances, but the typical penalty for a first time offence includes an F in the course with a notation on the transcript and being barred from taking any courses in the I.H. Asper School of Business for a period of six to eight months.

6 Page 6 of 9 Tentative Teaching Schedule for Students Using the 10 th edition: Date Topic Chapter In-Class Problems Self-Study Questions 9/10 Managerial Accounting and the Business Environment 1 E: 1-1, 1-2 P: 1-4, 1-5 Q: 1-1, 1-2, 1-7, 1-9, 1-12 P: 1-7, 1-8 9/15 9/17 9/22 Cost Terms, Concepts, and Classifications 2 E: 2-2, 2-4, 2-6 P: 2-14, 2-15, 2-20, 2-24 Q: 2-1,2-2,2-3,2-5, 2-6, 2-7, 2-8, 2-9,2-10, 2-11, 2-13, 2-14, 2-15, 2-16 E: 2-9, /24 9/29 10/1 10/6 10/8 10/13 10/15 10/20 10/22 10/27 10/29 System Design: Job Order Costing Connect Assignment #1 due on Oct. 1 at 11:59 PM 5 pp and Appendix 5A pp Activity Based Costing 7, pp ; Omit Appendix Cost Behaviour: Analysis and Use Submit ABC assignment on Oct. 14 by 4 PM Cost-Volume Profit Relationships Variable Costing: A tool for management Connect Assignment # 2 due on Oct. 29 at 11:59 pm 11/3 Midterm in Tuesday evening, no class today 3 and Appendix 4, omit pp E: 5-3, 5-5, 5-11 P: 5-17, 5-22 E: 7-2, 7-6, 7-9 P: 7-20 E: 3-1, 3-2, 3-5, 3-7 P: 3-17 ABC assignment if time allows E: 4-5, 4-11 P: 4-19, E: 8-1, 8-5, 8-8 P: 8-10 C: , included P: 2-13, 2-18, 2-21, 2-26 Q: 5-1, 5-2, 5-4, 5-6, 5-7, 5-8, 5-10, 5-13, 5-14, 5-15 E: 5-1, 5-2, 5-4, 5-6, 5-8, 5-14 P: 5-18, 5-19, 5-20, 5-24, 5A-2 Q: 7-1, 7-2, 7-5, 7-6, 7-10, 7-11 E: 7-3, 7-4, 7-10, 7-11, 7-12, 7-16 P: 7-21, 7-22 ABC assignment (to submit on Oct. 14 by 4 PM) Q: 3-2, 3-8, 3-12, 3-13, 3-14 E: 3-3, 3-4, 3-10, 3A-1 P: 3-11, 3-15, 3-16 Q: 4-2, 4-3, 4-4, 4-5, 4-6, 4-11 E: 4-1, 4-3, 4-10, 4-12, 4-16 P: 4-18, 4-22, 4-27, 4-31 Q: 8-1, 8-2, 8-3, 8-6, 8-7, 8-8 E: 8-2, 8-6, 8-7 P: 8-14, 8-16, 8-17

7 Fall 2015 ACC 1110 A03 Course Outline Page 7 of 9 Tentative Teaching Schedule for Students Using the 10 th edition: (Continued) Date Topic Chapter In-Class Problems Self-Study Questions 11/5 11/10 Budgeting 9 omit appendix E: 9-3, 9-8, 9-9 P: 9-14, P9-17 Q: 9-1, 9-3, 9-5, 9-8, 9-13 E: 9-1, 9-2, 9-4, 9-5, 9-6, 9-10 P: 9-13, 9-18, 9-25 C: 9-27 Budget assignment (to submit on Nov /12 11/17 11/19 11/24 11/26 12/1 12/3 12/8 Standard Costs and Overhead Analysis Connect Assignment # 3 due on Nov. 12 at 11:59 PM Reporting for Control Submit Budget assignment on Nov. 25 by 4 PM Relevant Costs for Decision Making Connect Assignment # 4 due on Dev. 3 at 11:59 PM Connect Assignment # 5 due on Dec. 9 at 11:59 pm 10, pp ; omit appendices 11, pp , Online Appendix 11A 12, pp ; Appendix 12A E: 10-3, 10-9 P: C:10-36 E: 11 1, 11 3, 11-5, P:11-15, Budget assignment if time allows E: 12-3, 12-4, 12-6, P: 12-22, by 4 PM) Q: 10-1, 10-2, 10-7, 10-10, 10-12, E: 10-2, 10-7, 10-8 P: 10-18, (omit part 4), 10-21, 10-24, (omit part 4) Q: 11-1, 11-2, 11-4, 11-5, 11-8, 11-9, 11-10, 11-11, 11-13, 11-14, 11A-1, 11A-2, 11A-3, 11A-4, 11A-5 E: 11-4, 11-6, 11-7, 11-8, 11-10, 11A-1, 11A-2, 11A-4, P: 11-12, 11-13, 11-14, 11-17, 11-20, 11-22, 11A-9, 11A-11, 11A-14 C: Q: 12-1, 12-2, 12-5, 12-6, 12-10, 12-14, E: 12-9, 12-10, 12-12, 12-14, 12-17, 12A-1, 12A-2 P: 12-23, 12-24, 12-28, 12-29, 12-30, 12A-4

8 Fall 2015 ACC 1110 A03 Course Outline Page 8 of 9 ACADEMIC INTEGRITY It is critical to the reputation of the I.H. Asper School of Business and of our degrees that everyone associated with our faculty behaves with the highest academic integrity. As the faculty that helps create business and government leaders, we have a special obligation to ensure that our ethical standards are beyond reproach. Any dishonesty in our academic transactions violates this trust. The University of Manitoba Undergraduate Calendar addresses the issue of academic dishonesty under the heading Plagiarism and Cheating. Specifically, acts of academic dishonesty include, but are not limited to: using the exact words of a published or unpublished author without quotation marks and without referencing the source of these words duplicating a table, graph or diagram, in whole or in part, without referencing the source paraphrasing the conceptual framework, research design, interpretation, or any other ideas of another person, whether written or verbal (e.g., personal communications, ideas from a verbal presentation) without referencing the source copying the answers of another student in any test, examination, or take-home assignment providing answers to another student in any test, examination, or take-home assignment taking any unauthorized materials into an examination or term test (crib notes) impersonating another student or allowing another person to impersonate oneself for the purpose of submitting academic work or writing any test or examination stealing or mutilating library materials accessing tests prior to the time and date of the sitting changing name or answer(s) on a test after that test has been graded and returned submitting the same paper or portions thereof for more than one assignment, without discussions with the instructors involved. Group Projects and Group Work Many courses in the I.H. Asper School of Business require group projects. Students should be aware that group projects are subject to the same rules regarding academic dishonesty. Because of the unique nature of group projects, all group members should exercise special care to insure that the group project does not violate the policy on Academic Integrity. Should a violation occur, group members are jointly accountable unless the violation can be attributed to a specific individual(s). Some courses, while not requiring group projects, encourage students to work together in groups (or at least do not prohibit it) before submitting individual assignments. Students are encouraged to discuss this issue as it relates to academic integrity with their instructor to avoid violating this policy. In the I.H. Asper School of Business, all suspected cases of academic dishonesty are passed to the Dean s office in order to ensure consistency of treatment.

9 Fall 2015 ACC 1110 A03 Course Outline AACSB Assurance of Learning Goals and Objectives. The Asper School of Business is proudly accredited by AACSB. Accreditation requires a process of continuous improvement of the School and our students. Part of student improvement is ensuring that students graduate with the knowledge and skills they need to succeed in their careers. To do so, the Asper School has set the learning goals and objectives listed below for the Undergraduate Program. The checked goal(s) and objective(s) will be addressed in this course and done so by means of the items listed next to the checkmark. Goals and Objective in the Undergraduate Program 1 Quantitative Reasoning A. Determine which quantitative analysis technique is appropriate for solving a specific problem. B. Use the appropriate quantitative method in a technically correct way to solve a business problem. C. Analyze quantitative output and arrive at a conclusion. 2 Written Communication A. Use correct English grammar and mechanics in their written work. B. Communicate in a coherent and logical manner C. Present ideas in a clear and organized fashion. 3 Ethical Thinking A. Identify ethical issues in a problem or case situation B. Identify the stakeholders in the situation. C. Analyze the consequences of alternatives from an ethical standpoint. D. Discuss the ethical implications of the decision. Goals and Objectives Addressed in this Course Course Item(s) Relevant to these Goals and Objectives Quantitative analysis in assignments Quantitative analysis in assignments Quantitative analysis in assignments Written short-answer questions in assignments Written short-answer questions in exams and assignments Qualitative analysis in assignments and exams Qualitative analysis in assignments and exams Qualitative analysis in assignments and exams 4 Core Business Knowledge Entire course

University of Waterloo School of Accountancy. AFM 102: Introductory Management Accounting. Fall Term 2004: Section 4

University of Waterloo School of Accountancy AFM 102: Introductory Management Accounting Fall Term 2004: Section 4 Instructor: Alan Webb Office: HH 289A / BFG 2120 B (after October 1) Phone: 888-4567 ext.