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    Course Outline Dac 211

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    raina matt
    This document outlines the course outline for DAC 211 Principles of Management Accounting at the University of Nairobi Mombasa Campus. The course is designed to develop students' understanding of using accounting information for internal management and decision-making. It will cover topics such as cost estimation, overhead accounting, cost-volume-profit analysis, relevant decision-making factors, and budgeting. Students will be evaluated based on quizzes, two continuous assessment tests, and a final exam. The primary textbook is Introduction to Management Accounting by Horngren et al.

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    Course Outline Dac 211

    Uploaded by

    raina matt
    125 views3 pages
    This document outlines the course outline for DAC 211 Principles of Management Accounting at the University of Nairobi Mombasa Campus. The course is designed to develop students' understanding of using accounting information for internal management and decision-making. It will cover topics such as cost estimation, overhead accounting, cost-volume-profit analysis, relevant decision-making factors, and budgeting. Students will be evaluated based on quizzes, two continuous assessment tests, and a final exam. The primary textbook is Introduction to Management Accounting by Horngren et al.

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    This document outlines the course outline for DAC 211 Principles of Management Accounting at the University of Nairobi Mombasa Campus. The course is designed to develop students' understanding of using accounting information for internal management and decision-making. It will cover topics such as cost estimation, overhead accounting, cost-volume-profit analysis, relevant decision-making factors, and budgeting. Students will be evaluated based on quizzes, two continuous assessment tests, and a final exam. The primary textbook is Introduction to Management Accounting by Horngren et al.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    125 views3 pages

    Course Outline Dac 211

    Uploaded by

    raina matt
    This document outlines the course outline for DAC 211 Principles of Management Accounting at the University of Nairobi Mombasa Campus. The course is designed to develop students' understanding of using accounting information for internal management and decision-making. It will cover topics such as cost estimation, overhead accounting, cost-volume-profit analysis, relevant decision-making factors, and budgeting. Students will be evaluated based on quizzes, two continuous assessment tests, and a final exam. The primary textbook is Introduction to Management Accounting by Horngren et al.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    UNIVERSITY OF NAIROBI

    SCHOOL OF BUSINESS
    DEPARTMENT OF FINANCE AND ACCOUNTING
    MOMBASA CAMPUS
    DAC 211: PRINCIPLES OF MANAGEMENT ACCOUNTING
    COURSE OUTLINE INSTRUCTOR: DR. F. OGILO
    Pre-requisite – DAC 102 FUNDAMENTALS OF FINANCIAL ACCOUNTING II

    OBJECTIVE OF THE COURSE


    This course is meant to develop students understanding of the use of accounting information for
    internal management purposes. Emphasis will be put on the use of accounting data for planning
    and control.

    COOURSE CONTENT
    1. NATURE AND PURPOSE OF MANAGEMENT ACCOUNTING
     Definitions
     Role of Management Accounting in management process
     Decision making process
     Cost concepts and classification
    2. COST ESTIMATION AND FORECASTING
     Steps in estimating cost functions
     Methods of estimation
     Evaluation of cost functions
    3. ACCOUNTING FOR OVERHEADS
     Overhead costing
     Classification of overheads
     Allocation and apportionment of overheads
     Re-apportionment of overheads
     Overhead absorption
    4. COST VOLUME PROFIT ANALYSIS
     Simple CVP analysis
     CVP in multi-product environment
     Introduction to CVP under uncertainty
    5. RELEVANT INFORMATION FOR DECISION MAKING
     Concept of cost relevance to decision making
     Quantitative and qualitative factors in decision making
     Limiting factors in decision making
     Pricing and other non-routine decisions.
    CONTINUOUS ASSESSMENT TEST ONE
    6. MARGINAL AND ABSORPTION COSTING

    1
     Overhead absorption
     Absorption vs. marginal costing
     Activity based costing
    7. METHODS OF PRODUCT COSTING
     Inputs to product costing
     Job order costing
     Process costing
    8. BUDGETING
     Rationale and role of budgeting
     Types of budgets and their features
     Budget construction
    9. VARIANCE ANALYSIS
     Standard costs and flexible budgets
     Basic variance analysis
     Investigating variances.
    CONTINUOUS ASSESSMENT TEST TWO

    METHODOLOGY AND EVALUATION


    This course will involve lectures and class discussions. Students are strongly advised to read the
    relevant text materials before class discussions. Students are also advised to do a lot of practice
    on the application of concepts to problem solutions.

    Students will be evaluated as follows:


    Quizzes 10%
    CATS (2 in number) 20%
    Final examination 70%
    100%

    READING MATERIALS
    COURSE TEXT
    Horngren, Sundem, Straton, Burgstahler & Schartberg; Introduction to Management
    Accounting, 14th edition, Thompson Learning, Prentice Hall, 2008.

    Other reading materials


    1. Arkinson A., Kaplan, R. (2008). Management Accounting, 5th edition, Pearson-Prentice
    Hall.
    2. Blocher E., Chen, K. (2005). Cost management: A strategic Emphasis, 3rd edition, Mc
    Graw Hill Irwin.
    3. Garrison, R., Noreen, E., Brewer, P. (2011). Managerial Accounting, 13th edition, Mc
    Graw Hill Irwin.

    2
    4. Hilton, R. (2008). Managerial Accounting: creating Value in A dynamic environment, 8th
    edition Mc Graw Hill.

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