Fakulti Perakaunan

Universiti Teknologi MARA

LESSON PLAN
COURSE : Management Accounting and Control
CODE : MAF 551
LECTURE : 2 hrs/week
TUTORIAL : 1 hr/week
LECTURER : FARIDAH ISMAIL
CONTACT NO : 013-8116904
ROOM : B141

COURSE LEARNING OUTCOMES (CLO):

Apply knowledge on various cost and management accounting techniques for managerial decision making purposes in business
CLO1 organization
Integrate relevant information on cost and management accounting for decision making purposes in business organization.
CLO2
Demonstrate communication skills in task related to Management Accounting and Control.
CLO3

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 4
SEMESTER
CODE

lesson-planMAF551/2022/FI
MAF551
COURSE

ACCOUNTING
AND CONTROL
MANAGEMENT
PROGRAM LEARNING OUTCOMES

COURSE NAME
Apply accounting knowledge and understanding in relevant
organisations

/
PLO1
Display practical skills in accounting tasks for relevant
organisations

PLO2
Demonstrate social skills and responsibilities.

/
PLO3

Demonstrate values, attitudes and professionalism.

/
PLO4

Demonstrate communication, leadership and teamwork.

PLO5

Provide solutions with scientific skills in accounting issues and

problems.
PLO6

Demonstrate information management and lifelong learning

skills.
PLO7

Demonstrate managerial and entrepreneur skills.

2
PLO8
PLAN STRUCTURE

Contact Lecture TO PL Learning

Week Topic Title CLO Assessment
Hours Coverage (Topic Outcomes) O Model
Ability to:
 Understand the
 Ice breaking Sharing of
significance important of
1  Overview of OBE. materials Entrance
Introduction adopting OBE for the
 Overview of the course via lesson plan and Survey
course.
and syllabus contents. information
 Recognize PLO & CLO

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 Contact Lecture TO PL Learning
Week Topic Title CLO Assessment
Hours Coverage (Topic Outcomes) O Model
 Introduction:
o Definition and purpose of budget
o Budgeting process and key budget Test 1
factor (Question 1 a)
 Forecasting Techniques using Time
Series analysis (Theories only): - Preparation of
o Factors that cause variations (long budgets
term trend, cyclical variations, (Functional
seasonal, random patterns/ residual  Able to explain budget Budget)
or irregular variations) and budgeting process Lecture
o Component to design forecasting  Able to prepare various
4 system(data, models, future types of budgets Tutorial AND
1-2 conditions and errors) 1 1
(1 hour  Able to explain different
Budgeting o Advantages / disadvantages 2 3
blended types of budgeting Online Any theoretical
3 4
learning)  Types and Preparation of budgets: techniques discussion questions
o Functional budgets
o Cash budgets Case Study
o Master budgets Online
 Learning Curve (Theory only) Discussions
 Budgeting Techniques(Theories only):
o Incremental budgeting
o Zero-based budgeting
o Rolling budget Final
o Activity-based budget Examination

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 Contact Lecture TO PL Learning
Week Topic Title CLO Assessment
Hours Coverage (Topic Outcomes) O Model

 Control systems
o Feed forward and feedback control Test 1
 Able to explain
 Budget setting approaches:
budgeting control (Question 1 b:
o Top-down and Bottom-up Theory only)
systems and budget
(Participative budget) Lecture
setting approach
2-3  Fixed and flexible budgets 1 1
Budgetary 5  Able to prepare flexible
o Performance reports and 2 3 Tutorial
control budget based on fixed
reconciliation statement 3 4
budget, reconcile them Case Study
 Motivational, behavioural and ethical and prepare report
issues of budgeting Final
 Able to explain the Examination
 Limitations of budgeting limitation of budgeting
 Beyond budgeting and beyond budgeting

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 Contact Lecture TO PL Learning
Week Topic Title CLO Assessment
Hours Coverage (Topic Outcomes) O Model
 Introduction to standard costing:
o Theory and practice of standard  Able to explain theory
costing
and practice of
o Determination of standards
standard costing,
o Limitations of standard costing determine the
 Overview of basic variance analysis: standards
o Material, Labour, Variable  Able to calculate and
overhead, fixed overhead, Sales. interpret basic and Test 1
 Advance variance analysis: advance variance. (Question 2)
o Mix and yield variance (material,  Able to calculate and Lecture and
Standard labour)
4-5 interpret planning and 1 1
Costing and o Mix and quantity variance (sales), * Project/ Case
6 operational variance 2 3 Tutorial
Variance including market share and market study
 Able to prepare relevant 3 4
Analysis size variances variance report Case Study
Final
 Planning and operational variance  Able to explain Examination
analysis (Material and Labour only) variance investigation
 Prepare Variance Reports model, limitations of
 Variance investigation models standard costing,
 Behavioural and Ethical Aspects of behavioural and ethical
Standard Costing aspects of standard
 Learning curve effect to produce costing
meaningful standards

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 Contact Lecture TO PL Learning
Week Topic Title CLO Assessment
Hours Coverage (Topic Outcomes) O Model
Test 1
(Question 3)
 Dealing with uncertainties in Should cover
Decision Making:  Able to explain the one or
o Reasons for uncertainties reasons for uncertainties combination of
o Changes within Short term or in decision making any of these
long term  Able to explain relevant topics:
 Types Of Decision Making costs and benefits - Relevant
 Relevant Costs and Benefits  Able to calculate and costs and
 Short Term Decision Making: explain limiting factor, Benefits
o Limiting factor decision making discontinuing a segment, - Limiting
 Optimum production mix special order, make or factor
 Theory of Constraints buy, further processing Lecture decision
 Throughput Accounting decisions making making
Short And
12 o Make or buy decisions  Able to explain qualitative 1 1 Tutorial - Make or buy
6-9 Medium Terms
(1 hour o Special order decisions factors in decision 2 3 decisions
Decision
blended) o Discontinuing a segment making 3 4 Case Study
Making
o Further processing decisions  Able to explain medium- AND
 Multi-limiting factors and the use of terms decision making- - Any
linear programming and shadow tactical decision Theoretical
pricing in decision-making (not Question
examinable)
 Qualitative Factors (Include Human Online
Value/ Professional Ethics) In Discussions
Decision Making
 Medium-Terms Decision Making- * Project/ Case
Tactical Decision (Theory Only) study

Final
Examination

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 Contact Lecture TO PL Learning
Week Topic Title CLO Assessment
Hours Coverage (Topic Outcomes) O Model
 Pricing Methods:
o Traditional method (full costs,  Able to explain different
marginal costs, minimum costs) pricing methods.
o Target costing (Introduction,
target costing process, setting  Able to explain concept Test 2: Online
the target cost, achieving the of target costing (5%)
Lecture
target cost)
6 1 1
10-11 Pricing  Pricing Strategies:  Able to determine target Online
(1 hour 2 3 Tutorial
Decision o Common strategies (premium cost, target profit, and Discussions
blended) 3 4
pricing, penetration pricing, also cost gap.
market skimming, differential
pricing, lost leader, predatory,  Able to explain pricing Final
psychological) strategies to achieve Examination
o Factors influencing pricing competitive advantage
decision

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 Contact Lecture TO PL Learning
Week Topic Title CLO Assessment
Hours Coverage (Topic Outcomes) O Model

Decentralisation:  Able to explain the

difference between
 Centralize vs Decentralize organization
centralize and
 Types of responsibility centres decentralize
organisation
Transfer Pricing  Able to explain types of
 Objectives of transfer pricing responsibility centres
 Motivation for transfer pricing  Able to analyse and
 Methods of Transfer pricing apply transfer pricing
Online
Responsibility 9 o Transfer prices in imperfect markets and assess its impact
Discussions
Accounting (1-hour and where no market exists for on decentralized 1 1 Lecture
12-14
And Transfer blended intermediary product organization 2 3 Tutorial
Pricing learning) o Negotiated prices  Able to explain transfer 3 4 Case Study
Final
o Dual pricing (theory only) pricing and its effect on
Examination
 The behavioural consequences of performance of
transfer pricing methods divisions and company
 Transfer pricing to achieve goal  Able to explain and
congruence apply general rules for
determining optimal
 Calculation of profit for divisions and transfer pricing
overall company profits
 Able to explain
 International transfer pricing and tax international transfer
implication (theory only) pricing

16-20 Exit Survey

REVISION

Recommended 1. Langfield Smith (2019), Management Accounting, 8th Edition, McGraw Hill.
References 2. Rozainun et al (2015), Management Accounting, Oxford Fajar.
(students are to refer to the
3. Colin Drury (2005), Management and Cost Accounting, 6th Edition, Thomson Publishing.
latest edition of texts and
materials) 4. Articles from Professional Journals.

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Assessment

Continuous assessment:

Online Discussions (blended learning) 10%

Case study: Report (10%) 10%

Test 1 15%

Test 2 5%

Total 40%
Final comprehensive examination 60%
Total 100%

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 WEEK TOPIC / ACTIVITY ODL/F2F MATERIALS SHARED ELEARNING PLATFORMS

Week 1 Topic 1: Budgeting F2F  Powerpoint presentation UFuture / WhatsApp /

(10/10 – 14/10/22)  Recorded video and audio Telegram/email / Google
content Classroom / Google Meet/
Week 2 Webex/ Microsoft Teams
 Tutorial questions
(17/10 - 21/10/22)

Topic 2: Budgetary Control F2F  Powerpoint presentation UFuture / WhatsApp /

Week 3  Recorded video and audio Telegram/email / Google
(24/10 - 28/10/22) content Classroom / Google Meet/
 Tutorial questions Webex/ Microsoft Teams
Week 4
(31/10 – 04/11/22)

Week 5 Topic 3: Standard Costing and F2F  Powerpoint presentation UFuture / WhatsApp /
(07/11 – 11/11/22) Variance Analysis  Recorded video and audio Telegram/email / Google
content Classroom / Google Meet/
Week 6 Webex/ Microsoft Teams
 Tutorial questions
(14/11 - 18/11/22)

21/11 - 25/11/22 CUTI SEMESTER

Week 7 Topic 4: Short and Medium Term F2F Power point presentation UFuture / WhatsApp /
(28/11 - 02/12/22) Decision Making  Recorded video and audio Telegram/email / Google
content Classroom / Google Meet/
Week 8  Tutorial questions Webex/ Microsoft Teams
(05/12 - 09/12/22)

Week 9
(12/12 - 16/12/22) Test 1: Topic 1,2,3 dan 4

Week 10 WEEK WITHOUT WALL (WWW)

(19/12 – 23/12/22) Group Assignment: Case study
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26/12 – 30/12/22 CUTI KHAS PERAYAAN

Week 11 Topic 5: Pricing Decision F2F  Powerpoint presentation UFuture / WhatsApp /

(03/01 - 06/01/23)  Recorded video and audio Telegram/email / Google
content Classroom / Google Meet/
 Tutorial questions Webex/ Microsoft Teams
Week 12 Topic 6: Responsibility  Powerpoint presentation UFuture / WhatsApp /
(09/01 - 13/01/23) Accounting and  Recorded video and audio Telegram/email / Google
Transfer Pricing content Classroom / Google Meet/
Tutorial questions Webex/ Microsoft Teams
Test 2 : Topic 5
Week 13 F2F  Powerpoint presentation UFuture / WhatsApp /
(16/01 - 20/01/23)  Recorded video and audio Telegram/email / Google
content Classroom / Google Meet/
Week 14  Tutorial questions Webex/ Microsoft Teams
(23/01 - 27/01/23)

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