MBA 609 – Managerial Accounting

Basic Information

Course Title: Managerial Accounting

Code: MBA609
Hours: Lecture: 3 Credit: 3
Prerequisite: None.
Academic Year/Level: Year: 1 Term: 1

1-Course Description and Overall Objectives:

This course introduces Managerial Accounting as the provision of Accounting Information

for a company’s internal users. It is the firm’s internal accounting system and is designed
to support the information needs of managers. Unlike financial accounting, managerial
accounting is not bound by any formal criteria such as Generally Accepted Accounting
Principles (GAAP). Managerial Accounting has three broad objectives:

 To provide information for planning the organization’s actions.

 To provide information for controlling the organization’s actions.
 To provide information for making effective decisions.

Course Objectives:
The key aim of this course is to provide a comprehensive understanding to the interaction
between business environment and managerial accounting. In addition, the course
emphasizes the use of accounting information for internal planning and control purposes.
The course covers the role of management accounting in decisions concerning resource
allocation and performance evaluation, application of high-low method, Cost-Volume-
Profit analysis (CVP) in multi-product settings, theory of constrains, quality costs,
performance evaluation and pricing decisions.

2-Intended Learning Outcomes of the Course

(ILOs):

(A) Through knowledge and understanding, students will be able to:

(K1) List the basis of cost elements categorizations.

(K2) Recognize the cost behaviour patterns.
(K3) Show the significance of alternative cost categories.
(K4) Identify the new trends and techniques used in managerial
accounting.
(K5) Understanding the contribution and role of managerial accounting
in decision- making process.
(B) Through intellectual skills, students will be able to:

(I1) Associate and discuss appropriate theories, principles and concepts

relevant
to managerial accounting practices.
(I2) Critically assess and evaluate the tools used in managerial
accounting
(I3) Analyze and interpret information from a variety of sources relevant
to managerial accounting
(I4) Exercise appropriate judgment in selecting and presenting
information
using various methods relevant to managerial accounting
(I5) Develop a critical argument to the solution of familiar and unfamiliar
problems relevant to managerial accounting

(C) Through professional and practical skills, students will be able to:

(P1) Plan, design and formulate practical activities using techniques

and procedures appropriate to managerial accounting
(P2) Apply methods techniques and procedures of managerial accounting
(P3) Solve problems relevant to managerial accounting using ideas
and techniques some of which are at the forefront of the discipline.
(P4) Draw conclusion to assist top management in decision-making
process.
(P5) Show how to use relevant costs when taking special decisions.

(D) Through general and transferable skills, students will be able to:

(G1) Develop effective written and oral communication skills relevant

to managerial accounting.
(G2) Develop capability of teamwork and collaborative behaviors.
(G3) Complete work independently and in teams.

4-Course Outline:

Week Number 1: Managerial Accounting and cost concepts.

Week Number 2: Contribution Margin Income Statement.

Week Number 3: Cost- Volume- profit Relationships.

Week Number 4: Continue :Cost- Volume- profit Relationships

 Week Number 5: Theory of Constrains.

Week Number 6: Pricing Decisions and Cost Management

Week Number 7: First Assessment (Lecture will be given after the assessment)

Week Number 8: Internal Pricing Decisions

Week Number 9: Continue: Internal Pricing Decisions

Week Number 10: Quality costs

Week Number 11: Performance measurement in decentralized organization.

Week Number 12: Continue: Performance measurement in decentralized organization

Week Number 13: Balanced Scorecard

Week Number 14: Continue: Balanced Scorecard

Week Number 15: Continue: Balanced Scorecard

Week Number 16: Final Examination.

5- Teaching and Learning Methods:

The course comprises a combination of lectures, case discussions, and Class

presentations.
Required facilities: Data Show.

6-Student Assessment Methods, Schedule and

Grading:

Start Submit
Assessment Weight
Type
No. Week Week %
No. No.

1 First Assessment 1 7 40

2 Quizzes and assignments 1 & 12 2 & 13 20

4 Final Examination 16 40
 Total 100

7-List of References:

(a) Course Notes:

Notes will be distributed to the students throughout the semester.

(b) Essential Book (Text Book):

Garrison, R., Noreen, E., Brewer, P. and Mardina, R., Managerial Accounting,
McGraw- Hill Irwin , Second Edition, 2014.

(c) Recommended Book:

Horngren, C. T., Datar, S. M., Rajan, M. V., Cost Accounting: A Managerial

Emphasis, Prentice Hall, 14 th Edition 2012.