TOURISM 131

UP AIT, AY 2019-2020, First Semester

Instructor: Noreen Rose V. Gonzaga, CPA, MBA
09178667399 / noreengonzaga@yahoo.com
Class Schedule: Tuesday/Thursday; 8:30-10:00a.m.

COURSE TITLE: Management Accounting for Tourism Enterprises

COURSE DESCRIPTION: Accounting concepts for managerial planning and control in tourism planning
bodies and enterprises.

COURSE OBJECTIVES: Upon completion of the course, the student is expected to:
1. Explain cost management concepts, product costing techniques, and planning & control
systems;
2. Use relevant information for making decisions; and
3. Prepare a master budget and a flexible budget, compare the budgets with actual results,
analyze and interpret variances.

REFERENCES: Horngren, S.M. Datar, and M.V. Rajan. Cost Accounting: A Managerial Emphasis
Global Edition (14th edition). Pearson Education Limited.
Jagels, M.G. Hospitality Management Accounting (8th edition). Wiley.

CLASS RULES/POLICIES:
1. Attendance is required in this course. The University rule on attendance shall strictly be
enforced. This means that each student shall be allowed a maximum number of absences
equivalent to 20% of the total number of scheduled class meetings. Attendance will be
checked at exactly 8:45a.m. Those who are not in at these times shall be considered absent.
Attendance is critical to teaching and learning. You will fall behind in acquiring course
content and skills if you do not attend every class. Situations may occur, however, that are
beyond your control and require you to miss class(es). If you miss a class, make
arrangements with a classmate to keep you informed on lecture topics and assignments.
2. Late submissions shall not be accepted. Late is defined for this purpose as after class
dismissal of the appointed submission date.
3. Completing ALL problem sets is critical to success in this course. Apart from the weight of
these requirements in your final grade, completing and understanding them will enhance
success on all exams and future work. All problem sets to be submitted by each group must
be PRINTED on a SHORT BOND PAPER, or they shall NOT be accepted. You may contact
instructor via e-mail or text message in case you have questions regarding these problem
sets.
4. All tests and problem sets are to be the work of the student. Any exams or assigned work
that is turned in by the student for a grade, but, is not the original work of that student will
be deemed unacceptable and the student will receive zero points for that work.
5. Passing rate for exams and other requirements is 60%.
COURSE Long Exams 40%
REQUIREMENTS: Finals 20%
Class Participation 10%
Problem Sets (4 sets) 20%
Group presentation 10%

RATING SYSTEM:
96-100 1.00 76-80 2.00 64-67 2.75
91-95 1.25 72-75 2.25 60-63 3.00
86-90 1.50 68-71 2.50 55-59 4.00
81-85 1.75 Below 55 5.00

COURSE OUTLINE:
Housekeeping 1 Session
Part I. Fundamentals of Cost Accounting
Fundamental Concepts (Ch 2, Horngren, et.al) 2 Sessions
Cost Behavior (Ch 10, Horngren, et.al) 3 Sessions
Costing Systems (Ch 4, Horngren, et.al) 3 Sessions
Problem Set 1: 2-18, 2-22, 10-27, 10-33, 4-29,
4-32 req’ts #2-4, 4-33 (Horngren) 2 Sessions
Part II. Cost Information for Decisions
Cost-Volume-Profit Model (Ch 3, Horngren, et.al) 2 Sessions
Differential Cost Analysis (Ch 11, Horngren, et.al) 2 Sessions
Pricing Decisions, Product Profitability Decisions,
and Cost Management (Ch 12, Horngren, et.al) 1 Session
Pricing (Ch 6, Jagels) 2 Sessions
Problem Set 2: P6.8, P6.11 (Jagels); 3-18, 3-19, 3-22,
3-46, 3-47 12-27, 12-35 req’t #1 only (Horngren) 2 Sessions

FIRST EXAM
Part III. Planning and Control
Master Budget and Responsibility Accounting
(Ch 6, Horngren, et.al) 1 Session
Operations Budgeting (Ch 9, Jagels) 2 Sessions
Problem Set 3: 6-35 (Horngren); P9.2, P9.5, P9.11 (Jagels) 2 Sessions
Variance Analysis and Revenue Allocation
(Ch 7,8, & 16, Horngren, et.al) 2 Sessions
Problem Set 4: P9.9(Jagels); 7-20 req’ts #1-4, 14-18,
14-32, 14-33(Horngren) 2 Sessions
SECOND EXAM
FINAL EXAM