Discipline: Accounting Degree Credit  [X]
Non Credit  [ ]
Nondegree Credit  [ ]
Comm Service  [ ]
 

Riverside Community College District
Integrated Course Outline of Record

Accounting 38


COURSE DESCRIPTION
38 Managerial Accounting Units: 3.00
 
Prerequisite(s): ACC 1A: Principles of Accounting I
Conceptual and technical analysis of accounting information used by managers as they carry out their planning, controlling, and decision-making responsibilities. Includes coverage of just-in-time systems, activity-based costing, flexible manufacturing systems, computer-integrated performance measures, and the impact of automation on capital budgeting decisions. 54 hours lecture.
 
SHORT DESCRIPTION FOR CLASS SCHEDULE
Conceptual and technical analysis of accounting information used by managers. Course for non-accounting majors.
 
ADVISORY ENTRY SKILLS
Before entering the course, students will be able to:
  1. Apply the principles of financial accounting to varied economic units with a global society

  2. Identify relevant economic data used in manual and computerized accounting information systems and interpret financial statements.

  3. Evaluate corporate organization and equity rights and structure.

  4. Analyze, explain, apply principles, and solve problems within the subject matter.

  5. Demonstrate the ability to continue in a university program of accounting and acquire the required background in any field of business administration.
STUDENT LEARNING OUTCOMES
 Upon successful completion of the course, students should be able to:

1.   Identify relevant accounting data used internally by managers in
      directing the affairs of business and non-business organizations.

2.   Apply managerial skills to a wide variety of organizational
      problems encountered in today’s business environment.

3.   Review and evaluate the new managerial accounting concepts that
      are reshaping traditional costing systems and procedures.

4.   Solve managerial problems through the use of case studies.

4.   Utilize the computer (primarily spreadsheet applications) in the
      analysis of more complex cost planning and control situations.
 
COURSE CONTENT
  TOPICS
 

1.   Expanding Role of Managerial Accounting
2.   Cost Terms, Concepts, and Classifications
3.   Systems Design:  Process Costing
4.   Analysis and Use of Cost Behavior
5.   Profit Relationships
6.   Segmented Reporting and the Contribution Approach to Costing
7.   Profit Planning
8.   Standard Costs and JIT/FMS Performance Measures
9.   Flexible Budgets and Overhead Analysis
10. Control of Decentralized Operations
 
METHODS OF INSTRUCTION
 Methods of instruction used to achieve student learning outcomes may include, but are not limited to:

  • Present lectures to describe the essentials of business concepts and their applications to society which identify relevant accounting data used internally by managers in directing the affairs of business and non-business organizations
  • Develop and assign exercises to reinforce concepts and encourage students to apply managerial skills to a wide variety of organizational problems encountered in today’s business environment
  • Create and have students participate in cooperative learning tasks such as small group exercises to review and evaluate the new managerial accounting concepts that are reshaping traditional costing systems and procedures and utilize the content to offer opinions, solutions and analysis with respect to those issues
  • Present case studies to provide students with the opportunity to utilize concepts learned in class to analyze and solve managerial problems through the use of case studies. Utilize the computer (primarily spreadsheet applications) in the analysis of more complex cost planning and control situations
  • Facilitate discussions regarding relevant current issues in business to encourage students to make appropriate connections to the course content
  • Instruction may take the form of online, hybrid, TV or other distance learning format
 
METHODS OF EVALUATION
 Students will be evaluated for progress in and/or mastery of learning outcomes by methods of evaluation which may include, but are not limited to:

  • Quizzes/examinations designed to assess the student can identify relevant accounting data used internally by managers in directing the affairs of business and non-business organizations
  • Individual, small group, paired activities and in-class participation designed to allow students to demonstrate and apply managerial skills to a wide variety of organizational problems encountered in today’s business environment
  • Written reports designed to assess the application of accounting principles
  • Individual web projects designed to assess student proficiency to review and evaluate the new managerial accounting concepts that are reshaping traditional costing systems and procedures, utilizing the computer (primarily spreadsheet applications) in the analysis of more complex cost planning and control situations
  • Individual or class projects designed to evaluate the application of accounting principles to simulated business situations and solve managerial problems
  • Final examination designed to provide objective evidence that students have attained the level of understanding expected in the areas detailed in the Student Learning Outcomes 
ASSIGNMENTS

Required Reading Assignments


Required Writing Assignments


Other Outside-of-Class Assignments
 
COURSE MATERIALS
 All materials used in this course will be periodically reviewed to ensure that they are appropriate for college level instruction. Possible texts include:

  • Garrison and Noreen. Managerial Accounting. 8th ed. Irwin: McGraw Hill, 2006.
  • Jackson and Sawyers. Managerial Accounting A Focus on Decision Making. 3rd ed. NY: Thompson Southwestern, 2006.
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