• Apply managerial accounting and its objectives in a way that demonstrates a clear understanding of ethical responsibilities.
• Prepare various costing schedules where an analysis of cost classification, behaviour, and type is completed.
• Apply and analyze different types of activity-based management tools through the preparation of estimates.
• Analyze cost-volume-profit techniques to determine optimal managerial decisions.
• Prepare a master budget and demonstrate an understanding of the relationship between the components.
• Perform cost variance analysis and demonstrate the use of standard costs in flexible budgeting.
• Outline and apply management tools and techniques such as the balanced scorecard, operational performance measures, quality, and environmental cost management.
• Prepare analyses of various special decisions, using relevant costing and benefits.

• Module 1: The Changing Role of Managerial Accounting
• Module 2: Job-Order Versus Process Cost Accounting
• Module 3: Activity Based Costing (ABC)
• Module 4: Incremental Analysis & Alternative Inventory Costing Methods
• Module 5: Pricing and Budgetary Planning
• Module 6: Budgetary Control and Responsibility Accounting, & Standard Costs and Balanced Scorecard

The following materials are required for this course:

• Weygandt, J.J., Kimmel, P.D., Kieso, D.E., and Aly, I.M. (2021). Managerial accounting: Tools for business decision-making (6th Canadian ed.). Toronto, ON: Wiley.
  Type: Loose-Leaf Textbook: ISBN: 978-1-119-73181-8

Please be aware that should your course have a final exam, you are responsible for the fee to the online proctoring service, ProctorU, or to the in-person approved Testing Centre. Please contact [email protected] with any questions about this.

To successfully complete this course, students must achieve a passing grade of 50% or higher on the overall course, and 50% or higher on the final mandatory exam.