University of Jordan Jordan University Business School (JUBS)

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1 1. Department Name: Accounting 2. Program Name: Bachelor Degree in Accounting 3. Program Code Course Code and Title: Managerial Accounting 5. Course credits: 3 theory 6. Pre-requisites: Course Instructor/ Coordinator Name and Dr. Faten Kerazan f.kerazan@ju.edu.jo 8. Course web-page: ccounting 9. Academic year: Semester: First Second 1 st Summer 2 nd Summer 11. Tetbook(s) Garrison, R. H. Noreen, E. W., and Brewer (2014), Managerial Accounting, Middle East Edition Second Edition, McGraw-Hill. 12. References: Garrison, R. H. Noreen, E. W., and Brewer (2012), Managerial Accounting, Custom edition, McGraw-Hill. 13. Other resources used Course description This course aims to demonesrate cost types, cost behavior, and how to use the cost volume profit analysis in decision making process. In addition it eplains the activity based costing system, and how to use the master budget in decision making. 1 JUBS-March 2017

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3 15. Course Intended Learning Outcomes: (All CILOs must start with an action verb, please use ANNEX I for getting a better understanding of the Action Verbs and Blooms Taonomy. The mapping of the CILOs with relevance to the PILOs of the program.) CILOs (Preferred not to eceed 12 CILOs) 1. List the cost classification for managerial purposes. Describe the relevant costs and benefits for decision-making purpose. (Knowledge Level). 2. Compare between the financial and managerial accounting & distinguish different cost terms and concepts. Discuss an integrated approach for the deployment of financial and nonfinancial data for managerial purposes. (Comprehension Level). Mapping to PILOs A B C d E F G H X X X 3. Analyze cost behavior to use it in predicting costs. Analyze the break-even point to use it in decision-making. (Analysis Level). 4. Use managerial accounting techniques (cost analysis, cost behavior) in decision making, planning and performance evaluation. (Application Level). 5. Prepare the contribution format - income statement. (Syntheses Level). 6. Use activity based costing techniques in studying cost behavior and improving cost decisions. 3 JUBS-March 2017

4 (Application Level). University of Jordan 7. Prepare the budgets. (Syntheses Level). 8. Calculate return on investment (ROI) & the simple rate of return for an investment. (Analysis Level). 9. Evaluate the acceptability of an investment project using the net present value method and the internal rate of return method. (Evaluation Level). 10. Apply the basic principles of management accounting in decisionmaking. Apply the management accounting techniques in predicting costs and preparation of the budget. (Application Level). 16. Course evaluation: (Formative and summative assessment methods are epected) Assessment Details/ Eplanation of Number Weight Date(s) Type Assessment in relation to CILOs Quizzes & Cover all the topics 5 5 % All of weeks Midterms 1,2,3,4,5 1,2,3 30 % Week 8 Second 6,7,8 4 15% Week 13 Final Cover all the topics % Week 16 1,2,3,4,5,6,7,8,9,10 Total 100% 4 JUBS-March 2017

5 17. Description of Topics Covered (The description should be from the tetbook used) Topic Title Description Managerial An overview Accounting: Definition of managerial accounting,, its importance for the career path. Managerial Accounting and cost concepts Cost volume profit relationships Distinguishing between different cost terms and concepts. Understanding break-even analyses and use it in decision making Variable costing and segment reporting: Tools for management Activity based Costing: A Tool to Aid decision Making Profit Planning Performance measurement in decentralized organizations Differential analysis :the key to decision making Introducing the contribution margin format - income statements and its uses. Understanding how to apply activity-based costing in decision making, and its uses Preparation of the master budget and how to be used. Use managerial accounting techniques in decision making Applying the basic principles of management accounting in decision making, initially by differentiating between relevant and irrelevant costs Capital Decisions Budgeting Describing the basic issues should be considered when making a long-term decision. 5 JUBS-March 2017

6 18. Course Weekly Breakdown: Week Date Topics covered CILOs Teaching Method Assessment 1 29/01/2017 Managerial Accounting: An overview 2 & 3 05/02/2017 Managerial Accounting and cost concepts 4 & 5 19/02/2017 Cost volume profit relationships 6 & 7 05/03/2017 Variable costing and segment reporting: Tools for management Lecturing Lecturing 3 Lecturing Lecturing 8 & 9 19/03/2017 Activity based Costing: A Tool to Aid decision Making 6 Lecturing 10 & 11 02/04/2017 Profit Planning 7 Lecturing 12 &13 16/04/2017 Differential analysis :the key to decision making 14 30/04/2017 Performance measurement in decentralized organizations 10 Lecturing 8 Lecturing 15 & 16 07/05/2017 Capital Budgeting Decisions 9 Lecturing 6 JUBS-March 2017

7 19. Others: Attendance policies: Absences from eams and handing in assignments on time: Health and safety procedures: Honesty policy regarding cheating, plagiarism, misbehavior: Description Attendance University policy is that students are to attend all classes and to arrive on time. Verified emergencies may require an absence or delay, but habitual tardiness or absence affects your learning and disrupts the class. Your presence is important since student contributions are a significant part of classroom activity and absence deprives others of your contributions. Students are not allowed to miss more than 15% of the classes during the semester. Failing to meet this requirement will be dealt with according to the university disciplinary rules. Eams. Any absence from an eam that is not ecused, will result in a grade of ZERO. For an absence to be ecused, the student must provide an appropriate documentation and give advance notification. Assignments University policy is, that assignments are due on the date assigned. Instructors may refuse to accept late assignments or lower the grade that would be otherwise given. The Honor Code is an integral part of university life. Students are responsible, therefore, for understanding the code s provisions. Cheating and attempted cheating, plagiarism, lying, and stealing of academic work and related materials constitute Honor Code violations. In the spirit of the code, a student s word is a declaration of good faith acceptable as truth in all academic matters. To maintain an academic community according to these standards, students and faculty must report all alleged violations to the Honor Committee. Plagiarism is a serious academic offense. Plagiarism is the use of someone else s ideas, words, projects, artwork, phrasing, sentence structure or other work without properly acknowledging the ownership (source) of the property (item). Plagiarism is dishonest because it misrepresents the work of someone else as one s own. Any violations of the University s academic rules, regulations or directives are reported to the head of the department and may result in one of the university disciplinary measures. 7 JUBS-March 2017

8 Course Coordinator: Dr. Hamzah Al-Mawali Head of Department: T Dr. Faten Kerazan ype the Add your Signature Name Head of curriculum committee/ School Dr. Ghaleb Abu-Romman Add your Signature Level: Dean: Type the Name Add your Signature Approved by the Program Coordinator/ Head of the Department on: Type the date: DAY/MONTH/YEAR Copy to: Head of Department Assistant dean for Development and Quality Assurance Course Portfolio 8 JUBS-March 2017