Course objectives include university and school abilities for you to develop, and knowledge areas for you to learn. To accomplish these objectives, I expect excellence, perseverance, integrity, and kaizen. Excellence without perseverance is unlikely; excellence without integrity is impossible. I do not expect perfection in your first assignments, but with feedback from me, and effort from you, the quality of your work should gradually improve.
University core abilities | Outcomes | Assessment | Communication | Communicate accounting issues in written and oral assignments. | Presentation, Essays
| Quantitative literacy | Solve quantitative management accounting problems. | Supplemental problems
| Personal and Professional Responsibility | Describe and analyze an accounting ethics issue. | Essays
| Critical thinking
Graduate abilities | Outcomes | Assessment | Communication | Communicate accounting issues in written and oral assignments. | Essays, Presentation
| Skills in computers, analysis, and critical thinking | Prepare accurate and complete solutions to homework and supplemental problems in Excel. | Supplemental problems
| Ethical decision-making | Describe and analyze an ethics issue in accounting. | Essays and Presentation
| Knowledge areas | Outcomes/competencies | Assessment | Different costs for different purposes | Identify differences between management and financial accounting. Define opportunity cost and describe how it differs from accounting cost. Complete cost-volume profit, regression, and discounted-cash flow analyses. Distinguish between variable and absorption costing. Describe the purposes and methods of transfer pricing, indirect cost allocation, and standard costing. | Supplemental problems, Pop Quizzes, Quiz1, Quiz2, Quiz3
| Purposes and strategic implications of budgeting, cost allocations, and variance analysis | Describe the purposes and methods of master, capital, zero-based, activity-based, and flexible budgeting. Describe how “organizational architecture” influences agency problems. Describe the decision rights and performance measures of cost, profit, and investment centers. Identify the limitations of cost allocations and variance analysis. | Supplemental problems, Pop Quizzes, Quiz1, Quiz2, Quiz 3
| New costing and reporting practices, such activity-based costing and the balanced scorecard | Describe kaizen and target costing. Describe and analyze cost-of-quality and balanced scorecard reports. Prepare and evaluate activity-based costing analyses. | Supplemental problems, Pop Quizzes, Quiz3