ACCT 3210 – Advanced Management Accounting

Accounting information is essential for planning and controlling business operations and for making companies’ strategic and operating decisions. This course is built on the materials you have learned in Principles of Accounting II (ACCT 2200) to introduce more advanced topics and techniques that are important for managing business organizations. This course puts a greater emphasis on applications of management accounting tools to tackle business problems.

Topics covered include decision-making techniques, analysis of cost behavior, allocation of common and joint costs, use of cost information in operational and strategic decisions, transfer pricing, performance measurement, incentive compensation, and data analytics in accounting.

By the end of this course, you should be able to

6. Demonstrate teamwork and leadership skills in solving operational and strategic planning problems.7. Demonstrate communication skills through teamwork and class presentations.

III. Course Materials:

IV. Teaching Methodology: The course is taught in the form of lectures and a group project with multiple group exercises and presentations. Students are required to attend all classes and participate in class discussions. It is important for students to read the assigned chapters and problems beforehand so that class time can be used efficiently.

V. Grading: The overall grade is based on the following weighted average:

 Forming groups. It is your responsibility to form your group within the first three weeks of the semester. The member list of your group needs to be submitted on the course Canvas site by the end of day, Feb 18 th . Each group shall consist of 5-6 members.

 Project report. You project report should not exceed ten pages of double-spaced typewritten text. Group members are jointly responsible for the group project written report, and each team member will have a chance to evaluate other team members’ performance. 80% of your project grade is based on the instructor’s evaluation for your Group Project Written Report and the remaining 20% of your project grade is based on how your team members evaluate your performance. Late submission will not be accepted.

 The midterm examination is tentatively scheduled for the evening 7:00pm to 9:00pm, Thursday, March 18, 2018. Details of the assigned seating arrangement will be announced later. All students are required to take the midterm exam at this pre-scheduled time, and there will be no make-up exam for it. Students absent from the midterm exam will receive zero mark for this component, except for highly unusual circumstances that cannot be controlled and avoided by the student---in which case the grade weight on the midterm exam will be loaded to the final examination component with professor’s consent.

 The final examination is based on the university schedule. Please check the exam timetable. No individual make-up exam will be offered.

6. Academic honesty. It is important that students follow university regulations on academic integrity and honesty. Academic dishonesty will not be tolerated and will be dealt with in accordance with university rules, which can be accessed at http://www.ust.hk/vpaao/integrity.