Managerial Accounting (ACC302)
Vietnamese title: Kế toán quản trị
Credits: 3
Prerequisites: ACC101

Description:
Managerial Accounting is a sub-area of accounting concerned with information needed to effectively plan and control company operations and make good business decisions. The overall objective of this course is to provide you with the concepts and tools needed to understand and effectively use managerial accounting information.

Learning outcomes:
Describe the concepts, definitions, and formulas of management accounting.
Apply acquired knowledge to analyze information for decision-making.
Conduct research and compare learned theories with the practical applications of management accounting in real business environments.
Apply technology effectively in solving exercises, case studies, and hypothetical scenarios.
Demonstrate a professional attitude; work independently and collaboratively; and take responsibility and initiative in solving management accounting problems in real business contexts.

Student tasks:
- Class attendance is strongly encouraged. Attend at least 80% of class hours in order to be accepted to the final examination
- Actively participate in class activities
- Fulfill tasks given by instructor after class
- Use their own laptop in class only for learning purpose
- Read the textbook in advance
- Access the course website (http://flm.fpt.edu.vn) for up-to-date information and material of the course, for online supports from teachers and other students and for practicing and assessment.

Tools:

Materials:
description: Managerial Accounting - An Asian Perspective
author: Garrison, Noreen, Brewer
publisher: McGraw Hill
published_date: 2012
edition: 14th
description: ISE Managerial Accounting
author: Peter C. Brewer Ray H. Garrison, Eric Noreen
publisher: Mc GrawHill
published_date: 2023
isbn: 9781266248610
note: Chọn một trong 2 ấn bản. Ưu tiên mua ấn bản mới nhất

Assessments:
category: Class participation
type: on-going
weight: 10.0
duration: 60 minutes
question_type: CLO1,CLO2,CLO3,CLO4,CLO5
grading_guide: Classroom
category: Group Assignment
type: on-going
weight: 30.0
duration: Group Report Submission and Presentation in class
question_type: CLO1,CLO2,CLO3,CLO4,CLO5
no_question: Comprehensive problem solving of a business case
knowledge_and_skill: Comprehensive problem solving of a business case under a 1,500-2,000 word - report
grading_guide: Thinking creatively, making decisions, solving problems,Personal qualities: Individual responsibility, self-esteem, sociability, self-management, and integrity.
note: By instructor
category: Individual Assignment
type: on-going
weight: 20.0
duration: At home
question_type: CLO1,CLO2,CLO3,CLO4,CLO5
no_question: Suggestion: Individual research
knowledge_and_skill: Individual research under a 1,000-1,500 word - report
grading_guide: Integration of studied knowledge and skills
note: By instructor
category: Quizzes
type: on-going
weight: 10.0
duration: In class (20 minutes, 5% each.)
question_type: CLO1,CLO2,CLO5
no_question: Multiple choice questions or calculation
knowledge_and_skill: At least 20 theory questions or calculation
grading_guide: Integration of studied knowledge and skills
note: As solution
category: Final exam
type: Final exam
weight: 30.0
duration: 60 minutes
question_type: LO1, LO2, LO3, LO4
no_question: Multiple choice
knowledge_and_skill: Multiple choice of 50 questions from question bank
grading_guide: Comprehensive understanding of chapters so far
note: By Exam board

Schedule:
session: -Course Overview
-Introduction to AI Integration into the Course
-Chapter 1 Managerial Accounting and Cost Concepts
1. Cost Classifications for Assigning Costs to Cost Objects
2. Cost Classifications for Manufacturing Companies
3. Cost Classifications for Preparing Financial Statements
learning_outcomes: IT
materials: ACC302_Slides
session: Chapter 1 Managerial Accounting and Cost Concepts (cont)
4. Cost Classifications for Predicting Cost Behavior
5. Cost Classifications for Decision Making
6. Using Different Cost Classifications for Different Purposes
learning_outcomes: I
T
materials: ACC302_Applying Excel Student Form
session: Practice Activites (Chapter 1): Cost Classifications
learning_outcomes: U
session: Practice Activites (Chapter 1): Using Different Cost Classifications for Different Purposes
learning_outcomes: U
session: Chapter 2 Job–Order Costing: Calculating Unit Product Costs
1. Job–Order Costing: An Overview
2. Computing Predetermined Overhead Rates
3. Applying Manufacturing Overhead
4. Computation of Total Job Costs and Unit Product Costs
learning_outcomes: IT
session: Chapter 2 Job–Order Costing: Calculating Unit Product Costs (cont)
5. Job-Order Costing Using Multiple Predetermined Overhead Rates
6. Job-Order Costing—An External Reporting Perspective
learning_outcomes: IT
session: Practice Activites (Chapter 2):
2. Computing Predetermined Overhead Rates
3. Applying Manufacturing Overhead
learning_outcomes: U
session: Practice Activites (Chapter 2):
4. Computation of Total Job Costs and Unit Product Costs
5. Job-Order Costing Using Multiple Predetermined Overhead Rates
6. Job-Order Costing—An External Reporting Perspective
learning_outcomes: U
session: Chapter 3 Job-Order Costing: Cost Flows and External Reporting
1. Important Vocabulary Terms
2. Job-Order Costing—The Flow of Costs
3. Use T-accounts to show the flow of costs in a job-order
learning_outcomes: I
T
session: Chapter 3 Job-Order Costing: Cost Flows and External Reporting (cont)
4. Schedules of Cost of Goods Manufactured and Cost of Goods Sold
5. Underapplied and Overapplied Overhead—A Closer Look
learning_outcomes: I
T
session: Practice Activites (Chapter 3):
2. Job-Order Costing—The Flow of Costs
3. Use T-accounts to show the flow of costs in a job-order
learning_outcomes: U
session: Practice Activities (Chapter 3):
4. Schedules of Cost of Goods Manufactured and Cost of Goods Sold
5. Underapplied and Overapplied Overhead
learning_outcomes: U
session: Chapter 4 Process Costing
1. Comparison of Job-Order and Process Costing
2. Cost Flows in Process Costing
learning_outcomes: T
U
session: Chapter 4 Process Costing (cont)
3. Process Costing Computations: Three Key Concepts
4. The equivalent units of production: The weighted-average method
5. The cost per equivalent unit: The weighted-average method
learning_outcomes: T
U
session: Chapter 4 Process Costing (cont)
6. Assign costs to units: The weighted-average method
7. Cost Reconciliation Report: The weighted-average method
8. Operation Costing
learning_outcomes: T
U
session: Practice Activites (Chapter 4): about Process Costing
learning_outcomes: U
session: Practice Activities (Chapter 4): about Process Costing
learning_outcomes: U
session: Quiz 1 (Chapter 1+2+3+4)
Chapter 5 Cost–Volume–Profit Relationships
1. The basics of cost – volume- profit (CVP) analysis
learning_outcomes: ITU
session: Chapter 5 Cost–Volume–Profit Relationships (cont)
2. The variable expense ratio and the contribution margin ratio
3. CVP Analysis: Focusing on Unit Sales
learning_outcomes: I
T
session: Chapter 5 Cost–Volume–Profit Relationships (cont)
4. Operating Leverage
5. Break-Even Analysis
6. Margin of Safety
learning_outcomes: I
T
session: Chapter 5 Cost–Volume–Profit Relationships (cont)
7. Target Profit Analysis
8. The effects on net operating income: If changes in unit sales, selling price,
variable costs per unit, and total fixed costs.
learning_outcomes: I
T
session: Chapter 5 Cost–Volume–Profit Relationships (cont)
9. Structuring Sales Commissions
10. Cost volume-profit (CVP) graph and a profit graph
11.Multiproduct Break-Even Analysis
learning_outcomes: I
T
session: Practice Activites (Chapter 5) : Cost–Volume–Profit Relationships
learning_outcomes: U
session: Practice Activites (Chapter 5) : Cost–Volume–Profit Relationships
learning_outcomes: U
session: Practice Activites (Chapter 5) : Cost–Volume–Profit Relationships
learning_outcomes: U
session: Chapter 6 Variable Costing and Segment Reporting: Tools for Management
1. Overview of Variable and Absorption Costing
2. Income statements: Variable and absorption costing.
learning_outcomes: IT
session: Chapter 6 Variable Costing and Segment Reporting: Tools for Management (cont)
3. Reconciliation of Variable Costing with Absorption Costing Income
4. Advantages of Variable Costing and the Contribution Approach
learning_outcomes: I
T
session: Chapter 6 Variable Costing and Segment Reporting: Tools for Management (cont)
5. Segmented Income Statements and the Contribution Approach
6. Segmented Income Statements—Decision Making and Break-Even Analysis
7. Segmented Income Statements—Common Mistakes
learning_outcomes: I
T
session: Practice Activites (Chapter 6): Variable Costing and Segment Reporting: Tools for Management
learning_outcomes: U
session: Practice Activites (Chapter 6): Variable Costing and Segment Reporting: Tools for Management
learning_outcomes: U
session: Practice Activities (Chapter 6): Variable Costing and Segment Reporting: Tools for Management
learning_outcomes: U
session: Group Assignment Release & Guidelines
Individual Assignment Release & Guidelines
learning_outcomes: U
session: Chapter 8 Master Budgeting
1. The Basic Framework of Budgeting
2. The Master Budget: An Overview
learning_outcomes: I
T
session: Chapter 8 Master Budgeting (cont)
3. Preparing the Master Budget: The Sales Budget - The Production Budget - The Direct Materials Budget
learning_outcomes: I
T
session: Chapter 8 Master Budgeting (cont)
3. Preparing the Master Budget: The Direct Labor Budget - The Manufacturing Overhead Budget - The Ending Finished Goods Inventory Budget - The Selling and Administrative Expense Budget
learning_outcomes: I
T
session: Chapter 8 Master Budgeting (cont)
3. Preparing the Master Budget: The Cash Budget - The Budgeted Income Statement - The Budgeted Balance Sheet
learning_outcomes: I
T
session: Practice Activites (Chapter 8)
learning_outcomes: U
session: Practice Activites (Chapter 8)
learning_outcomes: U
session: Practice Activites (Chapter 8)
learning_outcomes: U
session: Quiz 2 (Chapter 5+6+8)
Chapter 9 Flexible Budgets and Performance Analysis
1. The Variance Analysis Cycle
learning_outcomes: I
T
U
session: Chapter 9 Flexible Budgets and Performance Analysis (cont)
2. Preparing Planning Budgets and Flexible Budgets with One Cost Driver
3. Flexible Budget Variances
learning_outcomes: I
T
session: Chapter 9 Flexible Budgets and Performance Analysis (cont)
4. Revenue and Spending Variances
5. A Performance Report Combining Activity and Revenue and
Spending Variances
learning_outcomes: I
T
session: Chapter 9 Flexible Budgets and Performance Analysis (cont)
6. Performance Reports in Nonprofit Organizations
7. Performance Reports in Cost Centers
8. Preparing Planning Budgets and Flexible Budgets: with Multiple Cost Drivers
9. Prepare a performance report: with more than one cost driver that combines activity variances and revenue and spending variances.
learning_outcomes: IT
session: Practice Activities (Chapter 9)
learning_outcomes: U
session: Practice Activites (Chapter 9)
learning_outcomes: U
session: Group Assignment Release & Guidelines
learning_outcomes: U
session: Chapter 10 Standard Costs and Variances
1. Basic Definitions and Concepts
2. Standard Costs—Setting the Stage: Setting Direct Materials Standards - Setting Direct Labor Standards - Setting Variable Manufacturing Overhead Standards - The Standard Cost Card - Using Standards in Flexible Budgets
learning_outcomes: I
T
session: Chapter 10 Standard Costs and Variances (cont)
3. A General Model for Standard Cost Variance Analysis
4. Using Standard Costs—Direct Materials Variances
5. Using Standard Costs—Direct Labor Variances
learning_outcomes: I
T
session: Chapter 10 Standard Costs and Variances (cont)
6. Using Standard Costs—Variable Manufacturing Overhead Variances
7. An Important Subtlety in the Materials Variances
8. Standard Costs—Managerial Implications
learning_outcomes: IT
session: Practice Activities (Chapter 10)
learning_outcomes: U
session: Practice Activites (Chapter 10)
learning_outcomes: U
session: Individual Assignment Submission
Review for final exam
learning_outcomes: U
session: Review for final exam
learning_outcomes: U
session: Review for final exam
learning_outcomes: U
session: Group Assignment Submision
Group presentation
learning_outcomes: U
session: Group presentation
learning_outcomes: U
session: Group presentation
learning_outcomes: U
session: Group presentation
learning_outcomes: U
session: Group presentation
learning_outcomes: U
session: Group presentation
learning_outcomes: U