Fakulti Perakaunan

Universiti Teknologi MARA

LESSON PLAN

COURSE : Management Accounting and Control

CODE : MAF 551
LECTURE : 2 hrs/week
TUTORIAL : 1 hr/week
LECTURER : MOHD AFIQ BIN AZERO

COURSE LEARNING OUTCOMES (CLO):

Apply knowledge on various cost and management accounting techniques for managerial decision making purposes in business
CLO1 organization
Integrate relevant information on cost and management accounting for decision making purposes in business organization.
CLO2
Demonstrate communication skills in task related to Management Accounting and Control.
CLO3

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 4
SEMESTER
CODE

MAF551
COURSE

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ACCOUNTING
AND CONTROL
MANAGEMENT
PROGRAM LEARNING OUTCOMES

COURSE NAME
Apply accounting knowledge and understanding in relevant
organisations

/
PLO1
Display practical skills in accounting tasks for relevant organisations

PLO2
Demonstrate social skills and responsibilities.

/
PLO3

Demonstrate values, attitudes and professionalism.

/
PLO4

Demonstrate communication, leadership and teamwork.

PLO5

Provide solutions with scientific skills in accounting issues and

problems.
PLO6

Demonstrate information management and lifelong learning skills.

PLO7

Demonstrate managerial and entrepreneur skills.

2
PLO8
PLAN STRUCTURE

Contact Lecture TO PL Learning

Week Topic Title CLO Assessment
Hours Coverage (Topic Outcomes) O Model
Ability to:
 Understand the
 Ice breaking Sharing of
significance important of
1  Overview of OBE. materials Entrance
Introduction adopting OBE for the
 Overview of the course via lesson plan and Survey
course.
and syllabus contents. information
 Recognize PLO & CLO

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 Contact Lecture TO PL Learning
Week Topic Title CLO Assessment
Hours Coverage (Topic Outcomes) O Model
 Introduction:
o Definition and purpose of
budget
o Budgeting process and key
budget factor Test 1
 Forecasting Techniques using Time (Question 1 a)
Series analysis (Theories only):
o Factors that cause - Preparation of
variations (long term trend, cyclical budgets
variations, seasonal, random (Functional
patterns/ residual or irregular  Able to explain budget Budget)
variations) and budgeting process Lecture
o Component to design  Able to prepare various
4 forecasting system(data, models, types of budgets Tutorial AND
1-2 1 1
(1 hour future conditions and errors)  Able to explain different
Budgeting 2 3
blended o Advantages / types of budgeting Online Any theoretical
3 4
learning) disadvantages techniques discussion questions
 Types and Preparation of budgets:
o Functional budgets Case Study
Online
o Cash budgets
Discussions
o Master budgets
 Learning Curve (Theory only)
 Budgeting Techniques(Theories only):
o Incremental budgeting Final
o Zero-based budgeting Examination
o Rolling budget
o Activity-based budget

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 Contact Lecture TO PL Learning
Week Topic Title CLO Assessment
Hours Coverage (Topic Outcomes) O Model

 Control systems
o Feed forward and feedback control Test 1
 Able to explain
 Budget setting approaches: (Question 1 b:
budgeting control
o Top-down and Bottom-up Theory only)
systems and budget
(Participative budget) Lecture
setting approach
2-3
Budgetary 5  Fixed and flexible budgets  Able to prepare flexible
1 1
o Performance reports and 2 3 Tutorial
control budget based on fixed
reconciliation statement 3 4
budget, reconcile them Case Study
 Motivational, behavioural and ethical and prepare report
issues of budgeting Final
 Able to explain the Examination
 Limitations of budgeting limitation of budgeting
 Beyond budgeting and beyond budgeting

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 Contact Lecture TO PL Learning
Week Topic Title CLO Assessment
Hours Coverage (Topic Outcomes) O Model
 Introduction to standard costing:
o Theory and practice of
standard costing  Able to explain theory
o Determination of standards and practice of
o Limitations of standard standard costing,
costing determine the
 Overview of basic variance analysis: standards
o Material, Labour, Variable  Able to calculate and
interpret basic and Test 1
overhead, fixed overhead, Sales. (Question 2)
advance variance.
 Advance variance analysis:
Standard o Mix and yield variance (material,  Able to calculate and Lecture and
4-5 interpret planning and 1 1
Costing and labour) * Project/ Case
6 operational variance 2 3 Tutorial
Variance o Mix and quantity variance (sales), study
 Able to prepare relevant 3 4
Analysis including market share and market
variance report Case Study
size variances Final
 Planning and operational variance  Able to explain Examination
analysis (Material and Labour only) variance investigation
model, limitations of
 Prepare Variance Reports
standard costing,
 Variance investigation models behavioural and ethical
 Behavioural and Ethical Aspects of aspects of standard
Standard Costing costing
 Learning curve effect to produce
meaningful standards

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 Contact Lecture TO PL Learning
Week Topic Title CLO Assessment
Hours Coverage (Topic Outcomes) O Model
 Dealing with uncertainties in
Decision Making: Test 1
o Reasons for uncertainties (Question 3)
o Changes within Short term Should cover
 Able to explain the one or
or long term
reasons for uncertainties combination of
 Types Of Decision Making
in decision making any of these
 Relevant Costs and Benefits
 Able to explain relevant topics:
 Short Term Decision Making:
costs and benefits - Relevant
o Limiting factor decision
making  Able to calculate and costs and
explain limiting factor, Benefits
 Optimum
discontinuing a segment, - Limiting
production mix
special order, make or factor
 Theory of
buy, further processing Lecture decision
Constraints
decisions making making
Short And  Throughput
12  Able to explain qualitative 1 1 Tutorial - Make or buy
6-9 Medium Terms Accounting
(1 hour factors in decision 2 3 decisions
Decision o Make or buy decisions
blended) making 3 4 Case Study
Making o Special order decisions
 Able to explain medium- AND
o Discontinuing a segment - Any
o Further processing terms decision making-
Theoretical
decisions tactical decision
Question
 Multi-limiting factors and the use of
linear programming and shadow Online
pricing in decision-making (not Discussions
examinable)
 Qualitative Factors (Include Human * Project/ Case
Value/ Professional Ethics) In study
Decision Making
 Medium-Terms Decision Making- Final
Tactical Decision (Theory Only) Examination

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 Contact Lecture TO PL Learning
Week Topic Title CLO Assessment
Hours Coverage (Topic Outcomes) O Model
 Pricing Methods:
o Traditional method (full
 Able to explain different
costs, marginal costs, minimum
pricing methods.
costs)
o Target costing
 Able to explain concept Test 2: Online
(Introduction, target costing
of target costing (5%)
process, setting the target cost, Lecture
6 achieving the target cost) 1 1
10-11 Pricing  Able to determine target Online
(1 hour  Pricing Strategies: 2 3 Tutorial
Decision cost, target profit, and Discussions
blended) o Common strategies 3 4
also cost gap.
(premium pricing, penetration
pricing, market skimming, Final
 Able to explain pricing
differential pricing, lost leader, Examination
strategies to achieve
predatory, psychological)
competitive advantage
o Factors influencing pricing
decision

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 Contact Lecture TO PL Learning
Week Topic Title CLO Assessment
Hours Coverage (Topic Outcomes) O Model

Decentralisation:  Able to explain the

 Centralize vs Decentralize organization difference between
 Types of responsibility centres centralize and
decentralize
organisation
Transfer Pricing
 Able to explain types of
 Objectives of transfer pricing responsibility centres
 Motivation for transfer pricing  Able to analyse and
 Methods of Transfer pricing apply transfer pricing
o Transfer prices in imperfect markets Online
Responsibility 9 and assess its impact
and where no market exists for Discussions
Accounting (1-hour on decentralized 1 1 Lecture
12-14 intermediary product
And Transfer blended organization 2 3 Tutorial
Pricing learning) o Negotiated prices  Able to explain transfer 3 4 Case Study
Final
o Dual pricing (theory only) pricing and its effect on Examination
 The behavioural consequences of performance of
transfer pricing methods divisions and company
 Transfer pricing to achieve goal  Able to explain and
congruence apply general rules for
determining optimal
 Calculation of profit for divisions and transfer pricing
overall company profits  Able to explain
 International transfer pricing and tax international transfer
implication (theory only) pricing

16-20 Exit Survey

REVISION

Recommended 1. Langfield Smith (2019), Management Accounting, 8th Edition, McGraw Hill.
References 2. Rozainun et al (2015), Management Accounting, Oxford Fajar.
(students are to refer to the
3. Colin Drury (2005), Management and Cost Accounting, 6th Edition, Thomson Publishing.
latest edition of texts and
materials) 4. Articles from Professional Journals.

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Assessment

Continuous assessment:

Online Discussions (blended learning) 10%

Case study: Report (10%) 10%

Test 1 15%

Test 2 5%

Total 40%
Final comprehensive examination 60%
Total 100%

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 WEEK TOPIC / ACTIVITY ODL/F2F MATERIALS SHARED ELEARNING PLATFORMS

1st Meeting Topic 1: Budgeting ODL  Powerpoint presentation UFuture / WhatsApp /

 Tutorial questions Telegram/email / Google
Topic 2: Budgetary Control Classroom / Google Meet/ Webex/
Microsoft Teams
Topic 3: Standard Costing and ODL  Powerpoint presentation UFuture / WhatsApp /
2nd Meeting Variance Analysis  Tutorial questions Telegram/email / Google
Classroom / Google Meet/ Webex/
Microsoft Teams
3rd Meeting Topic 4: Short and Medium Term ODL  Powerpoint presentation UFuture / WhatsApp /
Decision Making  Tutorial questions Telegram/email / Google
Classroom / Google Meet/ Webex/
Microsoft Teams
4th Meeting Topic 5: Pricing Decision ODL  Powerpoint presentation UFuture / WhatsApp /
 Tutorial questions Telegram/email / Google
Classroom / Google Meet/ Webex/
Microsoft Teams
5th Meeting Topic 6: Responsibility Accounting ODL  Powerpoint presentation UFuture / WhatsApp /
and Transfer Pricing  Tutorial questions Telegram/email / Google
Classroom / Google Meet/ Webex/
Microsoft Teams
6th Meeting Test 1 and Test 2 ODL

7th Meeting Quizzes and revisions ODL

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