Course Description:

This course examines how accounting information is used within organizations to plan,        monitor and control. The purpose of this course is to ensure you have a basic understanding of how the management accounting system of organizations operate, the language it uses,     and its limitations.  Successful completion of this course will also give you a solid foundation for additional study and careers in business.

Learning Outcomes:

The objectives of this course are for every student to increase their knowledge and competency in the following main areas:

1.     What a management accounting system is and how it functions.

2.    Effective management including: planning, directing, motivating and controlling activities and behaviours.

3.    Costing systems and analysis.

4.   Relevant costing and short and long term decision making.

Required Course Materials:

Textbook: An Introduction to Management Accounting, 2nd  Edition, Maurice, 2019 The textbook will be posted on Brightspace in a PDF format (can be printed-out).

Financial Calculator:

One of the following calculators is needed for chapter  12 in this course.  If you do not wish  to purchase a financial calculator, then you will be able to do the calculations using formulas.  If you are  planning on  taking  future  business  courses, you should  consider purchasing one  of the following financial calculators:

•    Texas Instruments BAII- Plus (or Pro model)

•     Hewlett-Packard 10BII Business Calculator or HP 12

•    Staples Financial Calculator

Course Format:

The main section of this course is online, asynchronous.  However, the course as a whole   would be considered a hybrid course.  You must select a tutorial section from various         options; online synchronous, in person (f2f) or online asynchronous.  Depending on what  you select for your tutorial, you will have a mix of asynchronous and synchronous elements for this course.  It is my hope that giving these options will make for a good learning           environment where each student is able to learn in a way that is most meaningful to them.

Teaching Method for the Main Section of Course – Asynchronous:

Brightspace will be the primary source for course content and will be used heavily for all of the asynchronous material.  You are expected to fully engage with the course material.          Various material will be provided for you on Brightspace to help you throughout the course. I would encourage you to make it a priority to visit the Brightspace page often, to attend all   optional live sessions and to keep up with the weekly work and quizzes.  Each week you will have videos to watch, textbook chapters to read, practice questions to work on and a quiz at  the end of the week. All of these elements are expected that you work independently or with a peer.  It is expected that you get through the weekly work BEFORE your tutorial section.   You will get the most out of these tutorials if you have engaged with the course material        beforehand.  It is recommended that you watch the videos and read the textbook as well as   attempt some practice textbook problems before your tutorial. After your tutorial it is           expected that you review the material and work on additional practice problems to solidify    your learning for the week.

Teaching Method for the Tutorials:

The tutorials have 3 different options for modality (synchronous online, in-person,                 asynchronous), however, you will still receive all the same material and access to TA support regardless of which modality you choose. The name “tutorial” is being used because that is   formally what it has to be called, however, I would like you to think of these sessions as an    active working group. You are expected to come to these sessions prepared and ready to       engage and not just watch a TA show you how to do questions. These groups should be       viewed as your mini cohort for this course. These groups will be 30-40 students or less and   therefore a great size to get to know one another and help support and encourage one           another in the course.  More details regarding the format of these sessions will be posted on  Brightspace.  Each tutorial group will be assigned a TA who you can view as your personal    coach and main go to person for questions and help in the course.  Of course, the course       instructor is also available for supporting all elements of the course, but you will also have      your own personal TA to help guide you through the course! We are all here to help you and therefore it is expected that if you are struggling with the material that you let me know, or     your TA know so that we can help get you back on track for the course!

Methods of Evaluation:

*Final grades are subject to the Dean’s approval

The mid-term will be marked by the teaching assistants and instructors. We follow a rigorous quality control process that reasonably assures that the grade awarded on your mid-term is    fair. However, no system is 100% error-free, so it is possible that you may wish to call into    question a grade that has been awarded. If this happens, contact the TA and we will look      into it.

The mid-term examination will be held on Saturday March 5th from 10:00am-12:00pm.

The mid-term will cover chapters 1 – 7A (the first 6 weeks of the term).  The mid-term

examination is optional. If you chose to write it, your mid-term grade will only count in

the calculation of your final course grade if it increases your grade. There will be no

deferred mid-term examination held. If you chose to not write the midterm (or cannot

write the midterm), the final exam will be worth 70% of your grade.

Thefinal examination will be held in the regular examination period (April 14-28). The        duration of the exam will be 3 hours. The final examination will cover the whole course. You need to obtain a minimum grade of 40% on the final exam to pass this course.

Both mid-term and final exams will be held on-line at specified times. Details will follow as the course progresses.

Quizzes:

The quizzes will be due on the following dates at midnight as follows:

Quiz #                   Chapter Coverage                 Due Date

* 7A consists of Special Orders and Make vs. Buy

7B consists of Add/Drop, Scarce Resources and Sell or Process Further

The quizzes consist of answering 5 multiple-choice questions and are to be submitted through cuLearn.

•    If you answer 1 question out of 5 correctly, you get 25%

•    If you answer 2 questions out of 5 correctly, you get 50%

•    If you answer 3 questions out of 5 correctly, you get 75%

•    If you answer 4 questions out of 5 correctly, you get 100%

•    If you answer 5 questions out of 5 correctly, you get 100%

You will be allowed two attempts at each quiz. The best of the two attempt grades    will count as your quiz grade. Your final quiz grade will consist of the best 11 out of 12 quizzes. You have 45 minutes to attempt each quiz.

Student’s Responsibilities with regards to deadlines:

It is your responsibility to ensure that you meet (1) the quiz deadlines above, (2) the mid- term date and time (if you choose to write the mid-term), and (3) the final exam date and time. It’s as easy as entering these in your calendar on your smart phone or paper agenda.

When you register for this course, you are doing so on the assumption that you are fully available during the final exam period that runs from April 14th- 28th.  I will not            accommodate any requests to write the mid-term or final exam early or late.

HOW TO DO WELL IN THIS COURSE:

WATCH ALL VIDEOS, AND PRACTICE, PRACTICE, PRACTICE…

To perform well in this course, you must spend time answering extra problems and checking the answers to test your understanding. To maximize your learning, you should make an       honest attempt at the question before peeking at the solution. Simply reading a question and then turning to the solution right away is next to useless. You will find that there is likely to  be a direct correlation between the number of problems you work on and your course grade. You are provided with detailed solutions to all of the problems in the textbook.  As well as   watching videos, reading your textbook and practicing questions, you need to make sure you are attending and engaging in your tutorial section.

Videos:

If you encounter technical issues watching the videos, usually the solution is to try to view them using a different browser. If this does not work, send an e-mail to                              capture@carleton.ca. Make sure you specify which course you are registered, and which    specific video is giving you trouble.