MGMT 20100

Management Accounting I
Dave Scott - Online - Summer - 2019

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About the Course
This course is an introduction to management’s internal use of accounting information for decision making, production management, product costing, motivating and evaluating performance, and budgeting.
Course Goals/Learning Objectives
After successfully completing the course, you should:
  • Understand basic cost management concepts
  • Be familiar with product and activity-based costing
  • Understand cost-volume-profit analysis
  • Be able to prepare a master budget
  • Have the ability to apply standard costing techniques
  • Understand how flexible budgeting is used for decision-making
Learning Resources
I will provide you with the following resources to help you be successful in the class:
  • A detailed syllabus outlining the course that includes a course schedule
  • My lecture notes, which are PowerPoints slides, and my lecture videos for each chapter. These notes are the same as I use in my classroom courses, and are really the key to the course because they take the textbook chapter and narrow it down to the key concepts for the chapter. Sometimes textbooks can be a bit overwhelming, so my notes narrow things down so you can focus on the "most important" material in each chapter (and tested on the exams).
  • A class discussion board – We will use Piazza as a means for you all to help each other work through any issues you may be having with the material or homework. I expect that students will help each other with the class as we go along, i.e., if you have a question, post it to the discussion board; if you know the answer to the question, post it to the discussion board. You need to help each other please. In addition, our TA will monitor the discussion board and help as necessary. Turnaround time for answering questions will be 48 hours (more likely 24 hours).
  • Within Connect – There are many student-orientated resources including SmartBook, the digital version of the textbook, which actively tailors the content to your individual needs as a student.

MGMT 20100

Course Catalog
MGMT 20100 Management Accounting I

Description
Credit Hours: 3.00. An introduction to management's internal use of accounting information--for decision making, production management, product costing, motivating and evaluating performance, and budgeting. CTL:IPO 1802 Accounting II
0.000 OR 3.000 Credit hours
Levels:  Graduate, Professional, Undergraduate
Schedule Types:  Distance Learning, Individual Study, Lecture, Recitation
Offered By:  School of Management
Department:  School of Business Admin
Course Attributes
Core Transfer Library, Lower Division
May be offered at any of the following campuses:  Indiana College Network Northwest- Westville Northwest- Hammond West Lafayette SW Anderson SW Columbus SW Kokomo SW Subaru Manufacturing Campus SW New Albany SW Richmond SW South Bend
Learning Objectives
1. To understand how managerial accounting and financial accounting differ and the role of managerial accounting in costing a company's products or services. 2. To understand how accounting information is used to make decisions for the firm, improving its operational efficiency and increasing its profits. 3. To understand how accounting information can be used to evaluate the performance of managers at all levels of an organization. 4. To understand concepts, and not rely on memorization, so that one can use the topics/information in new situations, in other courses and in one's professional career.
Prerequisites
Undergraduate level MGMT 20000 Minimum Grade of C- or Undergraduate level BUS A2010 Minimum Grade of C- or Undergraduate level ACC 20000 Minimum Grade of C-