MGMT355
Management Accounting
Explore the fundamental concepts and techniques of management accounting with an emphasis on strategic planning, budgeting, cost-volume-profit analysis and decision-making in a competitive environment. You will learn how background theories and concepts apply to the decision-making process, compare and apply different costing methods to implement the best pricing strategy, and prepare a flexible budget that guides operational decisions. Topics include: cost behaviour, transfer pricing, traditional costing techniques, activity-based costing, cost and overhead analysis, planning and control, balance scorecard, reporting, budgeting and competitive management methods.
Prerequisite(s):
Overview
Location: Online
Duration: 6 weeks
Tuition: $649
Can be applied to:
Business Management Certificate
Risk Management Certificate
Upcoming Offerings
Register for a course at any time, with the option to apply to a program later.
Available
- Tue, Jan 17, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Tue, Jan 24, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Tue, Jan 31, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Tue, Feb 7, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Tue, Feb 14, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Tue, Feb 21, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Tue, Feb 28, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Tue, Mar 7, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Tue, Mar 14, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Tue, Mar 21, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Tue, Mar 28, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Tue, Apr 4, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
What you will learn
After completing this course, you’ll be able to do the following:
- Identify how managerial accounting helps managers direct and control an organization’s operations
- Analyze cost behaviours to direct strategic operational decisions
- Perform cost-volume-profit analysis and break-even analysis to guide key business decisions
- Apply a variety of costing systems to efficiently estimate cost for profitability analysis, inventory valuation and cost control
- Develop a master budget focused on the elements of control and strategy implications
- Create an analysis report to address commonly encountered short-term and long-term investment decisions
How you will learn and be evaluated
- Prepare to spend 6–10 hours per week on coursework
- Expect readings and other assignments on a weekly basis
- Plan to access the course at least once every few days to keep up with your work and class discussions
You will be evaluated on:
- Assignments
- Exams
- Individual or group projects
- Participation and attendance
Learning Materials
Course fees do not include textbooks. We recommend you purchase your textbook as soon as you’ve registered. We will provide additional course materials online.
Required textbook:
Garrison, Libby, Webb. Managerial Accounting (12th Edition). McGraw-Hill Ryerson Limited, 2021. ISBN: 9781260193275. An ebook is available through the publisher McGraw-Hill.
Connect Access for Garrison, Libby, Webb. Managerial Accounting (12th Edition). ISBN: 9781260881127. Access is required for this course and can be purchased through McGraw-Hill.
Technical Requirements
For online courses, you will need a computer with audio and microphone that is connected to the internet. Canvas is the online system that will be used for the course. For more information and online support, visit Online Learning.
Professional development credits
This course may meet the requirements for the following designation(s):