University of Manitoba

Department of Accounting and Finance

Winter 2017

ACC 1110 Introductory Managerial Accounting

Section A04 Tuesday 7:00 PM 9:30 PM

Instructor: Jean Pai, MBA, CPA

Office: 372 Drake Centre

Office Hours: By appointment at https://jean-pai.youcanbook.me

Extended office hours on drop-in basis will be announced when

midterm is near.

E-mail: Jean.Pai@umanitoba.ca

COURSE OBJECTIVES

This first course in managerial accounting introduces students to the use of accounting information

for internal management decision-making. The internal user focus is a notable contrast to the

emphasis in financial accounting of reporting the results of a companys operations to external users.

The course is designed from the perspective of the general manager, and its primary purpose is to

develop the ability to use rather than to prepare accounting information.

Specifically, this course should help you to

Apply basic cost concepts to develop costing systems that will determine the cost of a companys products or services. Accurate cost data is an essential prerequisite for proper

managerial decision-making.

Apply management accounting concepts and techniques in order to make wise choices between competing alternatives. This requires the ability to extract relevant information

from accounting records, reports or statements, and to properly use this information.

Explain management control systems and utilize these concepts in evaluating the performance of managers, products, or economic units.

The course will also address the following learning goals:

Ethics: students will be exposed to ethical situations in assigned homework questions and classroom discussions

Communications: students will be encouraged to participate in classroom discussions and will be evaluated on written communication on examination papers.

Quantitative methods: students will develop skills in basic quantitative analyses in assignment homework questions and classroom activities

Critical thinking: students will be expected to determine which decision analyses are

required in various situations, the underlying assumptions and limitations of the analyses,

and what additional information should be considered.

https://jean-pai.youcanbook.me/

Winter 2017 ACC 1110 A04 Course Outline Page 2 of 15

COURSE OBJECTIVES CONTD:

AACSB Assurance of Learning Goals and Objectives.

The Asper School of Business is proudly accredited by AACSB. Accreditation requires a process of

continuous improvement of the School and our students. Part of student improvement is ensuring

that students graduate with the knowledge and skills they need to succeed in their careers. To do so,

the Asper School has set the learning goals and objectives listed below for the Undergraduate

Program. The checked goal(s) and objective(s) will be addressed in this course and done so by

means of the items listed next to the checkmark.

Goals and Objective in the Undergraduate Program

Goals and

Objectives

Addressed

in this

Course

Course Item(s)

Relevant to these

Goals

and Objectives

1 Quantitative Reasoning

A. Determine which quantitative analysis technique is appropriate for solving a specific problem.

Entire course

B. Use the appropriate quantitative method in a technically correct way to solve a business

problem.

Entire course

C. Analyze quantitative output and arrive at a conclusion.

Entire course

2 Written Communication

A. Use correct English grammar and mechanics in their written work.

Short-answer

assignment

questions

B. Communicate in a coherent and logical manner Short-answer assignment

questions

C. Present ideas in a clear and organized fashion. Short-answer assignment

questions

3 Ethical Thinking

A. Identify ethical issues in a problem or case situation

Qualitative

assignments and

exams

B. Identify the stakeholders in the situation.

C. Analyze the consequences of alternatives from an ethical standpoint.

Qualitative

assignments and

exams

D. Discuss the ethical implications of the decision. Qualitative assignments and

exams

4 Core Business Knowledge Entire course

Assigned Material

Winter 2017 ACC 1110 A04 Course Outline Page 3 of 15

1) Garrison et al. Managerial Accounting, Tenth Canadian Edition (10th CE), McGraw Hill Ryerson:

Garrison 10th CE print book with Connect ISBN = 9781259103278 or

Garrison 10th CE Connect + eBook ISBN = 9781259066818

Do not throw away the Connect access code card included in the 10th CE that comes

with your new textbook. You need it to access the Connect site for assignments, ebook

videos, and other resources. If you had purchased a copy of the new 10th edition prior term,

the access code came with the text should be valid. However, a pre-own 10th editions

access code has been assigned to the previous owner and is not transferable.

2) Information for McGraw Hill Connect sites of Section A04 is below: Course Name: Winter 2017 Managerial with LearnSmart

Instructor: Jean Pai

Section: W17 Managerial A01 to A04 Biscontri & Pai

Registration Date: January/19/2017 February/10/2017

Connect Registration Site: http://connect.mheducation.com/class/winter-2017-managerial--a01-to-a04

Registration Help: http://bit.ly/StudentRegistration

3) ACC 1110 class materials in various formats are available for download from UM Learn course website. Students are expected to bring e- or hard copies of class materials to class.

4) To enhance problem-solving skill, Connect e-book videos of selected demonstration questions are assigned for viewing before attempting after-chapter self-study questions. You can find

the assigned e-book videos in the Tentative Course Schedule below.

Course Website

Various materials for the course are available on UM Learn. To access the course website, going

to https://universityofmanitoba.desire2learn.com/d2l/login will take you to the desire to learn

home page. Log into UM Learn using your UMnetID account. Once you are at your UM Learn

page, click on the ACC 1110 course title.

If you do not yet have an UMNetID account, go to the U of M home page, click on current

students and go to Claim ID in the Online Services section. That will take you through the

Universitys claim-id procedure. If you have not already done so, you should set your UM Learn profile to forward mail to the

email address you use most often. That way, course announcements will be sent to that email

address.

http://connect.mheducation.com/class/winter-2017-managerial--a01-to-a04http://bit.ly/StudentRegistration

Winter 2017 ACC 1110 A04 Course Outline Page 4 of 15

Course Conduct

Students are expected to:

Behave in a courteous and professional manner in all dealings with both their fellow students and the professor both in and outside of class. Students who exhibit behaviours that detract

from the quality of the class (e.g., regularly arriving late or leaving early, talking to

classmates during class, answering cell phones, obviously reading material unrelated to the

class, listening to iPods, texting, surfing the internet or social media) may be asked to correct

their behaviour, move to another seat, or be asked to leave the classroom.

Complete the text reading prior to class.

Bring e- or hard copies of class materials to follow lecture and take notes.

Review Connect e-book videos of assigned demonstration questions.

Review Self-Study Questions in a timely manner.

Students are encouraged to use a laptop or tablet to take notes during class, but not for other

purposes in class. Students who miss a class and in need of the class notes should copy from

a classmate.

Course / Tutorial Lab

Attendance to the course lab is STRONGLY ENCOURAGED, but attendance is not mandatory.

Attendance may be taken in the lab for purposes of evaluating the usefulness of labs, but will not

affect your grade in the course.

End of Chapter Self-Study Questions

The Connect assignments are NOT sufficient preparation for this course. This course outline

includes a list of self-study questions that should to be done at the end of each chapter. These

questions are designed to allow students to review lecture material and to practice applying

knowledge of each subject area. Reviewing the assigned Connect e-book video(s) before

attempting the self-study questions will be helpful. Solutions of after-chapter problems are

provided in the UM Learn course site.

Students may benefit from working on questions with a study partner or in a small group. This

will help ensure completeness of your individual responses. Questions will not be handed in for

grading. It is each students responsibility to check their own responses against solutions in detail

and to identify areas where improvement is necessary. Any persistent difficulties should be

discussed with the instructor during office hours or by email.

Winter 2017 ACC 1110 A04 Course Outline Page 5 of 15

Exa