Acc516 Lesson Plan - Obe Sept 2016
Acc516 Lesson Plan - Obe Sept 2016
Acc516 Lesson Plan - Obe Sept 2016
salua982@kedah.uit.edu.my
0122714001
045462467
COURSE DESCRIPTION
This course introduces application of techniques in the analysis of relevant data to provide information for managerial planning and
control, and decision making. While computational competency is important, this course will emphasize more on the application of
techniques, analyzing results obtained and making recommendation that go beyond cost and financial aspects The topics covered
include cost-volume-profit analysis, budgeting and budgetary control, standard costing and variance analysis, relevant cost
concept and short term decision making.
lesson-plan/OBE/November 2014/ACC516 1
COURSE OUTCOMES (CO):
CO2 Explain budgetary control system and prepare various types of budgets
CO4 Explain relevant costs concept and its application in short term decision making
CO-LO MATRIX:
lesson-plan/OBE/November 2014/ACC516 3
PLAN STRUCTURE:
lesson-plan/OBE/November 2014/ACC516 4
Contact Lecture Learning Model
No. Week Topic Title Topic Outcomes CO LO Assessment
Hours Coverage (PBL)
Definition and purpose of budget
Budgeting process and key budget
factor
Preparation of budgets
- Functional budgets (sales
BUDGETING budget, production budget, Able to understand LO1 Quiz 1
AND direct labor budget, materials the various types of LO2 Lecture and
2 4-7 12 CO2
BUDGETAR usage and purchase budget) budgets and able to LO6 tutorials
Y CONTROL - Cash budgets prepare the budgets LO8 Final Exam
- Master budgets
- Budgeted Profit and Loss
Fixed and flexible budgets
Limitations of budgeting
Types of standards
Determination of standard cost
Basic variance analysis
- Material (price and usage)
STANDARD - Labour (rate and efficiency) Able to prepare a
LO1
COSTING - Variable overhead (expenditure standard cost card, Test 2
LO2 Lecture and
3 8-10 AND 9 and efficiency) calculate costs CO3
LO6 tutorials
VARIANCE - Fixed overhead (expenditure variances and explain Final Exam
LO8
ANALYSIS and capacity) reasons for variances
- Sales (price and sales margin)
Reasons for variances
Limitations of standard costing
lesson-plan/OBE/November 2014/ACC516 5
TEXT & REFERENCES
Langfield-Smith et.al (2012) Management Accounting: Information For Creating and Managing Value, McGraw-Hill
ASSESSMENT
Continuous Assessment: % %
2 Tests 20
2 Quizzes 10
1 Assignment 10 40
Final Examination: 60
100
lesson-plan/OBE/November 2014/ACC516 6