DEPARTMENT OF MANAGEMENT

UNIVERSITY OF TORONTO MISSISSAUGA

MGT223H5F LEC9101
Management Accounting I
Course Outline - Fall 2020
Class Location & Time Tue, 01:00 PM - 03:00 PM
Instructor Minlei Ye
Office Location Online
Office Hours Tuesdays 5pm to 6pm or by appointment
E-mail Address minlei.ye@utoronto.ca
Course Web Site https://q.utoronto.ca

Course Description
Covers conceptual and analytical foundations of cost accounting and uses of accounting by management. Cost concepts for product
costing and decision making provide an understanding of the uses of accounting information by management. Costing and control
concepts are analyzed to equip students with tools for establishing costing systems and to make decisions. [24L, 24T]

Prerequisite: At least a "C" in MGT120H5

Exclusion: RSM222H1 or MGAB03H3 or MGM222H5 (SSc)
Distribution Requirement: SSc

Course Objective
Management accounting is a field in transition, moving from a procedural focus to a strategic focus on the use of accounting
information to facilitate the success of the organization - for manufacturing, service, governmental, and not-for-profit organizations.

A principal motivation for the change in management accounting is the changes in business processes and organizations, in
response to increased global and domestic competition. These changes include a renewed focus on the customer, aggressive cost
reduction, outsourcing, rightsizing and reengineering, total quality management, advanced manufacturing technologies, and
increased use of information technologies. The management accountant is no longer just a reporter and analyzer of financial
information, but a business partner - developing the financial and non-financial information the organization needs to be successful.
As such, the management accountant plays a strategic role in the business, developing and presenting the information that is critical
for the organization's success. This is an integrative role, which requires the management accountant to understand the
organization's strategy, and to understand how both financial and non-financial information is developed across all the management
functions.

The primary objective of this course is to enable you to make effective use of management accounting data. A secondary objective
is to develop the analytical skills necessary to diagnose complex business problems in an accounting context.

You will study how accounting information can be used intelligently to make managerial decisions in a global business
environment. The world of management accounting is dynamic, and you will combine the study of traditional concepts and
techniques with that of the most recent advances in management accounting.

The course will enable you to understand and predict costs, to calculate product costs under various costing systems, to prepare a
master budget and control costs, and provide relevant information to facilitate managers' decision making. It is designed to help you
develop an understanding of the application of strategic cost management principles for organizations, and to provide an
opportunity for you to develop skills in applying these principles through exercises and problems.

Textbooks and Other Materials

Garrison, Chesley, Carroll, Webb, Managerial Accounting, 11th Canadian edition, McGraw-Hill Ryerson, 2018,
ISBN 9781260193770 / 1260193772.

Connect: https://connect.mheducation.com/class/m-ye-mgt-223---fall-2020

Assessment and Grading Policies

MGT223H5F - Ye, Minlei 2020-10-13 14:23:01 Page 1 of 8

 Type Description Due Date Weight
Other summaries and tutorial attendance On-going 2%
Other in class polls for the current lecture On-going 10%
Other practice homework weekly on CONNECT On-going 5%
Assignment due on CONNECT at 4pm 2020-10-15 10%
Term Test during tutorial time 2020-10-29 25%
Assignment due on CONNECT at 4pm 2020-12-03 15%
Final Exam final Exam (Date TBA) TBA 33%
Total 100%

Please be advised that requests to round grades up will not be accommodated and can be considered an academic offense. The
grade earned by a student is the mark that will be entered into ACORN without exception.

Requirements and Criteria

Class and tutorial participations

By the start of each class, students can submit on Quercus a one-page summary of the chapter (key concepts, formulas etc.) that
will be taught in this class to show the preparation effort. Each student must write up his/her own summaries. The summaries will
be sent to turnitin for plagarism checks.

Attending classes in a professional manner is required. You can lose points by exerting any disruptive behavior that does not
benefit a professional class.

1% of the final grade is assigned to the classes. Only 10 out of 11 summaries will be counted into final grade. One lowest grade of
summaries will be dropped. The summaries are graded based on effort.

Tutorial attendance is mandatory. 1% of the final grade is assigned to tutorials. The TA may conduct polls during tutorials to check
your attendance. Your grade will be the average of the tutorial attendance checks.

In class polls

In each lecture, the professor will conduct multiple in class polls to assess students' understanding of the material. It is graded based
on participation, not on accuracy.

Practice homework and Assignments

The purpose of the homework and assignments is to keep you current with the material that we are covering. Since there is
essentially nothing to memorize, it is not a good strategy to leave the material to study the night before the examinations. The
assignments will help you prepare for the examinations as they are primarily a self-study component where you get to communicate
your knowledge and receive feedback on CONNECT. The assignments will require that you apply the knowledge you have learned
and they will give you an opportunity to demonstrate your understanding as you use management accounting tools in making a
management decision.

The weekly CONNECT homework can help you apply the chapter materials to solve problems. You will have multiple attempts.

Assignment One (due on CONNECT at 4pm on Oct 15) and Assignment Two (due on CONNECT at 4pm on Dec 3) are individual
assignments to be completed on CONNECT. You may discuss the assignments with others, but each student needs to complete
their own assignments. We consider identical assignments as an academic offence. These assignments will be available on
CONNECT at least 7 days before due date. You will have one attempt for each assignment.

MGT223H5F - Ye, Minlei 2020-10-13 14:23:01 Page 2 of 8

 Since most of the assessments are done on CONNECT, it is essential that you register with Connect using your UofT email address
and your same name as it appears in Quercus. When you use a different name than what appears in Quercus it can be hard to
upload your correct score to Quercus.

Term Test

The term test will be held on Thursday, October 27 during tutorial time on CONNECT.

The test will be one hour and 50 minutes long and will consist of multiple choice questions, and problems. It will cover all materials
(lectures, tutorials, and readings) from the beginning of the course up to, and including, Chapter 6 Process costing.

CONNECT automatically grades your tests, hence, there is no need for remarking.

The test is close-book. Study aids are NOT allowed. You may use a hand-held, non-programmable calculator, but you must clear
the memory before the beginning of the quiz, test, or exam. We consider failure to clear the memory an academic offence. You
have to complete the test by yourself and can NOT discuss it with others. Looking through notes or books or the internet for
answers or using assignment help service or hiring others to complete it for you are examples of academic offenses.

The UTM academic integrity website provides detailed information on academic offences. For more information, please clickhere.

Final Examination

The final examination is close-book. It will be held during the formal examination period on CONNECT. It will be three hours in
duration; it will consist of multiple choice questions and problems. It will cover all materials (lectures, tutorials, and readings) from
the beginning of the course to the end of the course.

The instructor reserves the right to enable the online proctoring option for the final exam if needed.

Conduct of Class
Online Learning

Virtual Classroom is Bb Collaborate on Quercus: q.utoronto.ca

Tech Requirements for online learning https://www.viceprovoststudents.utoronto.ca/covid-19/tech-requirements-online-learning/

UTM Library Learn Anywhere resource https://utm.library.utoronto.ca/students/quercus/learn-anywhere

Attendance in lecture and tutorial classes is a required component of this course. Classes and tutorials will begin at ten minutes after
the hour, in accordance with university policy. To overcome possible technical difficulties, 10 to 15 minutes before each class starts,
students are expected to log into course website on Quercus, click Bb Collaborate, click the scheduled lecture session and click join
course room. Time permitting, there will be a short break during lectures and tutorials. Handouts and other materials for lecture and
tutorial classes will be posted on the course website. It may be useful to have them on a second screen so that you can check them
while looking at the lectures or tutorials.

Tutorials: A mandatory one hour fifty minutes tutorial will take place at 3:10 PM on Thursdays. The TA will review materials and
explain example problems first and then conduct TA office hours. Like lectures, 10 to 15 minutes before each tutorial starts,
students are expected to log into course website on Quercus, click Bb Collaborate, click the scheduled tutorial session and click join
course room.

You should rely on these tutorials and the TA's assistance for answers to questions about the homework problems. If the TA is
unable to help you with your specific questions, you should contact the instructor or attend the instructor's office hours. In some
cases the TA will forward your question to the instructor and vice versa.

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 Notice of video recording and sharing (Download and re-use prohibited)

This course, including your participation, will be recorded on video and will be available to students in the course for viewing
remotely and after each session. Course videos and materials belong to your instructor, the University, and/or other sources
depending on the specific facts of each situation, and are protected by copyright. Do not download, copy, or share any course or
student materials or videos without the explicit permission of the instructor. For questions about recording and use of videos in
which you appear please contact your instructor.

Statement of Respect

The University of Toronto is committed to equity, human rights and respect for diversity. All members of the learning environment
in this course should strive to create an atmosphere of mutual respect where all members of our community can express themselves,
engage with each other, and respect one another's differences. U of T does not condone discrimination or harassment against any
persons or communities.

Student Support Resources

Accessibility Services; Equity & Diversity Office; Health & Counselling Centre; Indigenous Centre; UTM Library; Office of the
Registrar and the Robert Gillespie Academic Skills Centre

The Robert Gillespie Academic Skills Centre (RGASC) is located in Room 3251 on the third floor of the Maanjiwe nendamowinan
Building. The RGASC offers individual consultations, workshops (many CCR-accredited), and a wide range of programs to help
students identify and develop the academic skills they need for success in their studies. Visit the RGASC website to explore their
online resources, book a face-to-face or online appointment, or learn about other programming such as Writing Retreats, the
Program for Accessing Research Training (PART), drop-in hours for Mathematics, Writing, and Study Skills, and dedicated
resources for English Language Learners.

Procedures and Rules

UPDATED PETITION PROCESS FOR FALL 2020 COURSES:
You must inform your professor via email as soon as possible (at least 24 hours) of any missed test(s) and assignment(s) due
to any circumstances that prevent you from completing a test or assignment on time. . At this time, we are not requesting
medical documentation for sickness related absences. Please use the Absence Declaration tool on ACORN found in the Profile and
Settings menu to formally declare your absence from academic participation.

For non-medical absences or request for extension of time: You must submit an online Petition for Academic Accommodation as
soon as possible (at least 24 hours) . Supporting documentation should be emailed to mgtpetitions.utm@utoronto.ca within 7 days.

Missed Test(s) and Assignment(s):

Make-up Test Procedures (Default Procedure in the Event No Other Make-up Test Procedures Are Provided in this Course
Outline):
As per the instructions above, ill students must contact the instructor via email within 24 hours so that arrangements can be made.
For non-medical requests, the students must contact the professor via email within 24 hours and submit a Petition for Academic
Accommodation to the Management Department and declare their absence via ACORN. No make-up exam will be available to
those missing a midterm, quiz or/and test. Students missing a midterm exam will have the midterm weight added to the final exam
and they must write a cumulative final exam. Students missing the final exam will write an alternate deferred exam during the
deferred exam period determined by the Office of The Registrar. For courses without a final exam, students that miss the
midterm/test/quiz may have a cumulative end of term test and/or final assignment, as determined by the course instructor.

Re-marking: Every effort will be made to ensure that student term test grades are accurate, fair, and consistent for all students. If
you have a legitimate reason to believe that your mark(s) are incorrect due to an error, you can request a review of your term test.
All questions about term test, marks and requests to have tests remarked must be submitted to the TA Coordinator/Instructor.
When making this request, students should consider:

1. Requests should be made within one week of marks being posted.

2. Requests should be made only in legitimate cases of grading errors and not because the student is just hoping to have their
mark increased.
3. Tearm tests that are remarked will be remarked in their entirety by the Course Coordinator and the mark awarded may
increase, decrease, or remain the same.
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 Missed Test(s) and Assignment(s):
If a test or assignment is missed and the student does not provide acceptable documentation within 7 days validating the
explanation for absence for non-medical petitions and does not contact the professor within 24 hours in addition to submitting an
online petition to the Management Department or if the student does not contact the professor within 24 hours in addition to
declaring their absence via ACORN for medical petitions, a grade of zero will be assigned.

If missed tests will be reweighted to the final exam, the maximum weight of the final cannot exceed the limit outlined in the
University of Toronto Mississauga Academic Calendar (70% for first year courses and 80% for second, third, and fourth year
courses). If the exam will be greater than the allowable weight, a make-up assignment or test will be assigned by the instructor. If a
make-up is necessary, instructors will inform the student in writing to their utoronto email account. If no response is received within
3 business days, the make-up portion will receive a grade of zero.

Late Assignment(s):
Late assignments will not be accepted under any circumstance, and will be assigned a grade of zero. Assignments will be graded
automatically through CONNECT.

Final Exams:
Students who cannot complete their final examination due to illness or other serious causes must file an online petition within 72
hours of the missed examination. Late petitions will NOT be considered. Students must also record their absence on ACORN on
the day of the missed exam or by the day after at the latest. Upon approval of a deferred exam request, a non-refundable fee of $70
is required for each examination approved.

Academic Misconduct:
Academic integrity is essential to the pursuit of learning and scholarship in a university, and to ensuring that a degree from the
University of Toronto Mississauga is a strong signal of each student’s individual academic achievement. As a result, UTM treats
cases of cheating and plagiarism very seriously.

The University of Toronto’s Code of Behaviour on Academic Matters outlines behaviours that constitute academic dishonesty and
the process for addressing academic offences. Potential offences include, but are not limited to:

In papers and assignments:

Using someone else’s ideas or words without appropriate acknowledgement.

Submitting your own work in more than one course without the permission of the instructor.
Making up sources or facts.
Obtaining or providing unauthorized assistance on any assignment.

On tests and exams:

1. Using or possessing unauthorized aids.

2. Looking at someone else's answers during an exam or test.
3. Misrepresenting your identity.

In academic work:

1. Falsifying institutional documents or grades.

2. Falsifying or altering any documentation required, including (but not limited to) doctor's notes.

Students should note that copying, plagiarizing, or other forms of academic misconduct will not be tolerated. Any student caught
engaging in such activities will be subject to academic discipline ranging from a mark of zero on the assignment, test or
examination to dismissal from the university as outlined in the academic handbook. Any student abetting or otherwise assisting in
such misconduct will also be subject to academic penalties.

Normally, students will be required to submit their course essays to Turnitin.com for a review of textual similarity and detection of
possible plagiarism. In doing so, students will allow their essays to be included as source documents in the Turnitin.com reference
database, where they will be used solely for the purpose of detecting plagiarism. The terms that apply to the University's use of the
Turnitin.com service are described on the Turnitin.com web site.

Standard of Conduct in this Course:

Since this course is part of a degree designed to give you a broad understanding of the world of business, we aim to run the course
in a way which will be consistent with the world of business - where many of you will spend your working lives. We strive to
provide accurate information, quality materials and good service, consistent with our obligations to maintain the high academic

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 standards of the Department of Management at the University of Toronto Mississauga.

In return we expect that you will conduct yourself in a way that prepares you for the world of work.

We start on time, so please do not arrive late and disrupt others.

Leaving class early is also disruptive to your colleagues and will not be permitted unless you have made prior arrangements
with the instructor.
Turn off your cell phone.
Keep up to date. Make sure that you know the class schedule. Check on the course web page for updates and posted
materials.
During the class, respect the learning opportunities of others. Don't distract others by chatting to your neighbour. Our
expectation is that you will not only contribute in class to your own learning, but also that of others.

On-Line Course Expectations

With regard to remote learning and online courses, UTM wishes to remind students that they are expected to adhere to the Code of
Behaviour on Academic Matters regardless of the course delivery method. By offering students the opportunity to learn remotely,
UTM expects that students will maintain the same academic honesty and integrity that they would in a classroom setting. Potential
academic offences in a digital context include, but are not limited to:

Remote assessments:

1. Accessing unauthorized resources (search engines, chat rooms, Reddit, etc.) for assessments.
2. Using technological aids (e.g. software) beyond what is listed as permitted in an assessment.
3. Posting test, essay, or exam questions to message boards or social media.
4. Creating, accessing, and sharing assessment questions and answers in virtual "course groups."
5. Working collaboratively, in-person or online, with others on assessments that are expected to be completed individually.

All suspected cases of academic dishonesty will be investigated following procedures outlined in the Code of Behaviour on
Academic Matters . If you have questions or concerns about what constitutes appropriate academic behaviour or appropriate
research and citation methods, you are expected to seek out additional information on academic integrity from your instructor or
from other institutional resources .

Copyright Notice
The materials developed for this course, including, but not limited to, lecture notes and PowerPoint slides, handout materials,
examinations and assignments, and any materials posted to the course website, are considered by the University to be an instructor's
intellectual property by the Copyright Act, RSC 1985, c C-42. These materials have been made available to you for your own study
purposes. These materials cannot be shared out of the class or "published" in any way. Posting or providing unauthorized audio,
video, images, or textual material of lecture content to third-party websites or platforms without the express permission of the
instructor will constitute copyright infringement. Recording (audio and video) lectures in any way is prohibited in this course unless
specific permission has been granted by the instructor. Failure to follow these instructions may be in contravention of the
University's Code of Student Conduct and/or Code of Academic Conduct and will result in appropriate penalties. Participation in
this course constitutes an agreement by all parties to abide by the relevant University policies, and to respect the intellectual
property of others during and after their association with the University.

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 Course Schedule
Date Topic
2020-09-15 Topic: Introduction to Managerial Accounting, Cost Concepts, Classifications

Readings: Chapter 1 & 2

Tutorial starts. Tutorial readings: P1-5, P2-15, E2-10.

2020-09-22 Topic: Cost Flows, and Cost behavior

Readings: Chapter 3

Tutorial readings: E3-6, E3-8.

2020-09-29 Topic: Cost-Volume-Profit

Readings: Chapter 4

Tutorial readings: P4-18, P4-26

2020-10-06 Topic: Job-Order Costing

Readings: Chapter 5

Tutorial readings: E5-16, P5-21

2020-10-13 Fall Reading Week - No classes

A1 due on CONNECT by 4pm on Oct 15

2020-10-20 Topic: Process Costing

Readings: Chapter 6

Tutorial readings: P6-11, P6-13

2020-10-27 TERM TEST during tutorial time (3:10pm to 5pm) on CONNECT

2020-11-03 Topic: Activity-Based Costing

Readings: Chapter 7

Tutorial readings: E7-17, P7A-5

2020-11-10 Topic: Variable Costing

Readings: Chapter 8

Tutorial readings: P8-14, P8-16

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 2020-11-17 Topic: Budgeting

Readings: Chapter 9

Tutorial readings: P9-19, P9-25

2020-11-24 Topic: Standard Costing

Readings: Chapter 10

Tutorial readings: E10-2, E10-3, E10-4, P10-23

2020-12-01 Topic: Relevant Costing

Readings: Chapter 12

Tutorial readings: E12-1, E12-4, E12-6, P12-27, E12-11, P12-23

A3 due on CONNECT at 4pm on Dec 03.

2020-12-08 Topic: Final Exam Review

Readings: Chapter 1 - 12

No Tutorial

TBA Final Examination

Last Date to drop course from Academic Record and GPA is November 11, 2020.

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