San Jose State University

MSA – BUS 220F – Management Accounting and Control Systems

Summer 2006

 

 

Professor:         Howard Turetsky                                                                                                                                                         
                        BT 861                                                                                                                                                                        
                        924-3494 (O); 761-4180 (C)

                        turetsky_h@cob.sjsu.edu

                        http://www.cob.sjsu.edu/turets_h/index.htm

                        office hours:  after class (and by appt.)

 

Texts:               Eldenburg and Wolcott, Cost Management: Measuring, Monitoring, and Motivating Performance, Wiley, 1st edition, ISBN # 0-471-20549-4. "Optional" study guide is available ISBN # 0-471-65565-1. {Also note that “student resources” for the text can be found on-line at:http://jws-edcv.wiley.com/college/bcs/redesign/student/0,,_0471205494_BKS_2181____,00.html}.

 

Goldratt and Cox, The Goal, 3rd revised edition, North River Press, 1992, ISBN# 0884271781

 

Prerequisites:    BUS 220A & BUS 220B

 

Objective:         This course is designed to familiarize the student with the utilization of managerial accounting for planning, controlling, and decision‑making toward effective cost    management and the overall success of the company. The primary principle of cost management is that costs do not simply happen; they are the results of management decisions. It is thus important to be aware of the cost and organizational effects of              alternative management decisions. Additionally, it is essential to learn to interpret and identify opportunities and methods for improving costs and performance.

 

Meetings:          Class meetings are organized to provide the best possible balance between lectures, discussions, and problems.  The purpose of class lectures is both to explain and to supplement the text and assigned materials; lectures are not a substitute for reading/studying the assigned material(s). Classroom time is  usually not sufficient to allow complete coverage of all readings and assignments. However, you are responsible for ALL of the material, unless specifically notified otherwise. A new chapter is discussed prior to reviewing the assigned exercises. [Note that Chapter PowerPoint(s) & Solutions are available at: http://www.cob.sjsu.edu/turets_h/index.htm].  Always be comfortable with asking questions                                              -- NO question is a “bad” question.

 

Grading:            The grading system is as follows:

                                   

                        Two Exams

                        Highest exam score                                                       50%

                        Lowest exam score                                                       35%    

                        The Goal – oral discussion & short paper                        15%                            

 

Grades:             A (92-100); A- (88-91); B+ (85-87); B (80-84); B- (77-79); C+ (74-76); C (70-73); C- (65-69); (64 and below is the D and F range).

 

Policies:            An HONOR code is in effect throughout the course. The professor is available at ALL times to answer                                     questions and guide the student. Syllabus is subject to change - students will be given adequate notice.

 

Course Assignments*

 

Day

MATERIAL COVERED:

Assignments (A) (“recommended”) & Slides (S):

7/20

Course Administration

Ch. 1:  The Role of Accounting Information in Management    Decision Making

Ch. 2:  The Cost Function

 

 

 

A:  2.13, .17, .22, .24, .28

S:  17, 25, 32, 33, 36, 38-43

7/21

Ch. 3:  Cost-Volume-Profit Analysis

A:  3.18, .20, .22, .23, .25, .28, .33, .37, .40

S:  7, 10, 13-17, 22-25, 29-31 {+ handout}

7/24

Ch. 4:  Relevant Costs for Nonroutine Operating Decisions

A:  4.13, .15, .16, .17, .20, .22, .24, .25, .29

S:  11-16, 18-21, 24, 26, 28-37, 48-50 {+ handout}

7/25

Ch. 5:   Job Costing

 

Ch. 7:  Activity-Based Costing and Management

 

Review for Exam I

A:  5.13, .15, .17, .19, .20, .22, .29

S:  5, 7-14, 25-27

A:  7.18, .19, .20, .21, .29

S:  3-14 {+ handout}

7/27

Exam I (Ch. 1, 2, 3, 4, 5, 7)

 

Ch. 8:  Measuring and Assigning Support Department Costs

 

 

A:  8.17, .18, .19, .21, .28

S:  3, 4, 6, 7, 9-27

7/28

Ch. 9:   Joint product and By-Product Costing

 

Ch. 10: Static and Flexible Budgets (plus Appendix)

A:  9.15, .19, .20, .23, .26, .28

S:  5, 10-15, 19, 20, 24 {+ handout}

A:  10.13, .16, .17, .18, .19, .20, .27

S:  3-7, 16-23, 25-29

7/31

Ch. 11: Standard Costs and Variance Analysis

A:  11.14, .15, .17, .20, .23, .30

S:  3-14, 20, 22-25, 28, 29, 31, 32 {+ handout}

8/01

Ch. 12: Strategic Investment Decisions

 

A:  12.14, .15, .19, .20, .21, .22, .23, .28

S:  3-17, 20-24 {+ handout}

8/03

Ch. 6:   Process Costing

 

Review for Exam II

{+ handout} + Quiz

8/04

Exam II (Ch. 8, 9, 10, 11, 12, 6)

 

The Goal

 

Course Wrap-up

 

 

Papers due + Discussion

 

*Lecture will focus on the main concepts and will precede discussion of exercises/problems; however, it is important to read the entire chapter prior to class (students will be given a “heads-up” when parts of a chapter will be omitted from the syllabus); students are well-advised to attempt additional exercises/problems on their own.

 

[Note: Due to the compressed nature of the course, the schedule outlined above is subject to change; we will proceed as fast as possible to adequately cover the material – i.e. “translated” –  at the end of a day, we might find ourselves ahead or behind schedule, but in the end, the course will be covered and “knowledge” will be “discovered”. 

 

EUREKA