Program : BACHELOR OF SCIENCE IN

OFFICE MANAGEMENT

Course Code : MACC 423

Course Title : MANAGERIAL ACCOUNTING

Course Credit : 3 units Contact Hours : 54

BULACAN POLYTECHNIC COLLEGE

Bulihan, City of Malolos
COURSE DESCRIPTION:
This course is an introduction to managerial relation of management and
accounting, comptrollership, cost-volume-profit analysis, budgeting,
responsibility accounting, strategy, long term decision making and management
advisory services. It will prepare students for effective financial decision making
at a managerial level. It deals mainly with topics that relate to the foundation
of management accounting and its operational aspects. It is designed to use the
case study method, the next best alternative to simulate application of concepts
in an actual business scenario. Finally, it is also geared towards providing to
students with an exposure to business consulting either as an internal or
external management consultant.

LEARNING OUTCOMES
Expected Graduate
General Learning Outcomes
Attributes
 Critical and  Acquired through knowledge of the
creative thinker. vision, mission, goals and objectives of
 Good working the College.
attitude.  Demonstrated support to the vision,
 Globally and mission, goals and objectives in
Technologically maintaining high quality education.
Competitive  Emphasized the important functions of
Professionals. banks and how they affect public
 Competent, interest.
sensitive,  Acquired a working knowledge of stock
productive, and markets, with the emphasis on the
responsive Philippine Stock Exchange.
member of society  Established an understanding of
 Well-informed and fundamental concepts of managerial and
expert cost accounting.
communicator in  Appreciated the importance of the bond
his field of and foreign exchange markets to the
specialization. economy.
 Highly  Presented, illustrated and discussed
knowledgeable important analytical tools for decision
and skilled in making process.
business related  Develops practice on problem solving and
tasks strengthen decision making skills,
 Capable, creative discuss and exposure to real life
and situations.
research/service  Developed the values of zeal and
oriented office community.
managers
 Morally and
socially responsive
individuals.

Bulacan Date Developed:

Bachelor of Science in February 2021
Office Management Polytechnic Date Revised: Page 2 of 13
College
Managerial Accounting
Document No. Developed by:
MACC 423 Eugene A. Ruano Revision # 02
30- MACC 423
TEACHING METHODOLOGIES
1. Project/Case Study and Research Work
2. Online Video presentation
3. Online Lecture/Discussion
4. Hands-On Activities/Blended Learning-Modular

GRADING SYSTEM
Seat works/ Assignments/ Quizzes 30%
Projects 30%
Major Examinations 30%
Attendance & Attitude 10%
100%
GRADES PERCENTAGE DESCRIPTIVE RATING
1.00 98- 100 Excellent
1.25 95-97 Excellent
1.50 92-94 Very Good
1.75 89-91 Very Good
2.00 86-88 Good
2.25 83-85 Good
2.50 80-82 Satisfactory
2.75 77-79 Satisfactory
3.00 75-76 Passed
4.00 73-74 Lacking Requirements
5.00 72 and below Failed

Bulacan Date Developed:

Bachelor of Science in February 2021
Office Management Polytechnic Date Revised: Page 3 of 13
College
Managerial Accounting
Document No. Developed by:
MACC 423 Eugene A. Ruano Revision # 02
30- MACC 423
COURSE POLICIES

Student is expected to participate to the best of his/her abilities in whatever

activity is scheduled per module in accordance to his/her preferred but
approved mode of learning such as any or combination of the following:
a) online using the institution’s learning management system “BPC
eLearning”
b) modular (print out or in flash disk for pick up or courier/drop box).
1. The rule on failing mark for 20% unexcused absences cannot be enforced
due to allowed flexible schedule during this time of pandemic instead a
student has to be mindful of the required pre-scheduled
submission/compliance of the requirements.
2. Assessment of learning shall be done for every module; however, there
shall be two summative tests that a student needs to undergo before the
semester ends. For a student who opted to have summative exam online,
it has to be real time and there should be somebody who would video
him/her to prove that he/she is really the one answering the test.
However, if there is no more community quarantine, the summative exam
shall be done by batch and in school.
3. Mid-Term and Final Exams shall be given only to students who have
completely or partially settled their accounts for the specified period.
4. Student will be held responsible for all assignments and requirements
missed for the entire content on the course regardless of the mode of
learning he/she has chosen.
5. Only students officially enrolled in the course will be allowed to attend the
class.
6. The professor is not obliged to give a special or late test to any student who
fails to take an examination at the scheduled time, except upon
presentation of any certificate (e.g. medical certificate, etc.), or excuse
letter scrutinized by the subject teacher in terms of its veracity.
7. When given a grade of INC. (Incomplete), the student shall complete the
grade within one year; otherwise, a grade of 5.0 will be given automatically
by the registrar.

Bulacan Date Developed:

Bachelor of Science in February 2021
Office Management Polytechnic Date Revised: Page 4 of 13
College
Managerial Accounting
Document No. Developed by:
MACC 423 Eugene A. Ruano Revision # 02
30- MACC 423
 Managerial Accounting
MODULE MATERIALS

List of Modules

No. MODULE
MODULE TITLE
CODE

1 Introduction to Managerial Accounting MACC 423-1

2 Controllership MACC 423-2

3 Managerial Accounting As A Career MACC 423-3

4 Managerial Cost Concepts MACC 423-4

5 Costs & Margin Concepts MACC 423-5

6 Cost Behavior Analysis MACC 423-6

7 Estimating Cost Behavior MACC 423-7

8 Cost-Volume-Profit (CVP) Analysis MACC 423-8

9 Job Order Costing & Process Costing MACC 423-9

10 Budgetary Planning-Strategy & The Master Budget MACC 423-10

11 Statement of Cash Flows MACC 423-11

12 Financial Statements Analysis MACC 423-12

Bulacan Date Developed:

Bachelor of Science in February 2021
Office Management Polytechnic Date Revised: Page 5 of 13
College
Managerial Accounting
Document No. Developed by:
MACC 423 Eugene A. Ruano Revision # 02
30- MACC 423
INTRODUCTION
TO MANAGERIAL
ACCOUNTING

(MACC 423-1)

Bulacan Date Developed:

Bachelor of Science in February 2021
Office Management Polytechnic Date Revised: Page 6 of 13
College
Managerial Accounting
Document No. Developed by:
MACC 423 Eugene A. Ruano Revision # 02
30- MACC 423
 MODULE CONTENT
COURSE TITLE: Managerial Accounting

MODULE TITLE Introduction to Managerial Accounting

NOMINAL DURATION: 3 Hours

SPECIFIC LEARNING OBJECTIVES:

At the end of this module, you MUST be able to:
1. Define managerial accounting and its role in the management process.
2. Describe the four managerial functions and their relationship to
accounting.
3. Explain the major similarities and differences between managerial
accounting and financial accounting.

TOPICS: (Sub-Topics)
1. Definition of Managerial Accounting
2. Role/Scope of Managerial Accounting
3. Management Functions & its Relationship to Accounting
4. Comparing Managerial and Financial Accounting
ASSESSMENT METHOD/S:
Quiz-Multiple Choice
REFERENCE/S:
1. Cabrera, Ma. Elenita Balatbat
Management Accounting-Concepts and Applications,
2017 Edition
Manila: GIC Enterprises
2. A) Mejorada, N.D.
Introduction to Management Accounting, 2018 Edition
Makati City: Goodwill Trading Co., Inc.
3. A) Sollenberger and Schneider
Managerial Accounting, 9th Edition 2016
Hoboken, New Jersey, USA: John Wiley and Sons
B) Homgren, Sundem and Stratton
Introduction to Management Accounting 10th Edition, 2017
Upper Saddle River, New Jersey, USA: Pearson Prentice Hall
C) Engler, Calvin
Managerial Accounting, 3rd Edition
Irwin, Homewood, Illinois 60430
Boston, MA, USA 02116

4. Vicente, Ma. Violeta V.

Cost Accounting & Cost Management, 2016 Edition
Mutual Books Inc. Distributors & Publishers
Mandaluyong City, M.M. 1552

Bulacan Date Developed:

Bachelor of Science in February 2021
Office Management Polytechnic Date Revised: Page 7 of 13
College
Managerial Accounting
Document No. Developed by:
MACC 423 Eugene A. Ruano Revision # 02
30- MACC 423
 Information Sheet
MACC 423-1
Introduction to Managerial Accounting

Learning Objectives:
After reading this INFORMATION SHEET, YOU MUST be able to:
1. Have an understanding of the nature and concept of managerial
accounting.
2. Know the similarities and differences between managerial and financial
accounting
3. Understand the relationship of the management functions to
accounting.
INTRODUCTION

The main purpose of accounting is to provide information to decision

makers. It is the process of (1) measuring-assigning peso amounts, (2) recording,
(3) classifying-grouping similar items, (4) summarizing-combining groups of
items, and (5) reporting transactions and events of a financial nature and then
communicating this information to users of this information.
Small business owners are faced with countless decisions every business
day. Managerial accounting information provides data-driven input to
these decisions, which can improve decision making over the long term. ... It
provides data to submit a tender as well. Thus, cost accounting is
an aid to management.
DEFINITION OF MANAGERIAL ACCOUNTING
IMA defined management accounting as the process of identification,
measurement, accumulation, analysis, preparation, interpretation, and
communication of financial information used by management to plan,
evaluate, and control within an organization and to assure appropriate
use of and accountability for its resources.
also known as management accounting, is the process of identifying,
measuring, analyzing, interpreting, and communicating information to
managers for the pursuit of an organization's goals.
specializes in providing information that an organization’s managers find
useful for internal decision making.
Bulacan Date Developed:
Bachelor of Science in February 2021
Office Management Polytechnic Date Revised: Page 8 of 13
College
Managerial Accounting
Document No. Developed by:
MACC 423 Eugene A. Ruano Revision # 02
30- MACC 423
 Internal accounting information system should
1. Enable managers to plan for the operations of their business
2. Enable managers to assess how effectively their plans are being
implemented
3. Provide the data needed to control operations
4. Provide the data needed for decision making
ROLE & SCOPE OF MANAGERIAL ACCOUNTING
To prepare & utilize the accounting information in solving in solving the
business problems and taking scientific decisions
To participate in the management process
To maximize profit and minimize losses.
Concerned with the presentation of data to predict inconsistencies in
finances that help managers make important decisions
Its scope is very wide and broad-based. It includes all information which
is provided to the management for financial analysis and interpretation of
the business operations
Presentation of accounting information in such a way to assist
management in the creation of policy and the daily operation of an
undertaking
MANAGEMENT FUNCTIONS AND ITS RELATIONSHIP TO ACCOUNTING
Managerial accounting serves internal purposes, it is not constrained by
government regulations and generally accepted accounting principles
(GAAP)
It provides information for the exclusive use of managers of the firm that
will help them in carrying out their five management functions

Function
Planning Deciding in advance what objectives
to pursue and how to achieve those
objectives
Organizing Grouping activities, assigning
activities, and providing the
authority to carry out the activities
Staffing Determining human resource
needs, recruiting, selecting,
training, and developing human
resources
Directing or Leading Directing and channeling human
behavior toward the
accomplishment of objectives
Controlling Measuring actual performance
against planned objectives,

Bulacan Date Developed:

Bachelor of Science in February 2021
Office Management Polytechnic Date Revised: Page 9 of 13
College
Managerial Accounting
Document No. Developed by:
MACC 423 Eugene A. Ruano Revision # 02
30- MACC 423
 determining causes of deviations,
and taking corrective action when
necessary

COMPARISON OF MANAGEMENT ACCOUNTING & FINANCIAL ACCOUNTING

Differences
Points of Differences Management Financial
1. Users of data Managers & certain Outsiders-stockholders,
(Primary Users) employees of the firm. investors, creditors,
(Internal) financial analysts,
government, suppliers.
(External)

2. Record-keeping and Useful but not mandatory Mandatory-reporting to

reporting (Combination of formal & stockholders, regulatory
informal) commissions, &
governmental agencies

3. Standards of None GAAP, SEC, FASB, PICPA,

reporting/overriding Situational relevance & other regulatory bodies
criteria (usefulness) Consistency
Benefits in excess of cost Verifiability
flexibility
4. Kind of information Recent actual data and Verifiable, typically
presented or estimated, future oriented historical data
information data
characteristics Current or forecasted

Quantitative or qualitative Quantitative

Monetary or nonmonetary Monetary

Timely and at a minimum

reasonable estimate
5. Data’s focus of Product lines, geographic Company as a whole, with
attention or primary territories, and segments some segmented disclosure,
organization focus but not in the same detail
as in managerial accounting
Parts (segmented) Whole (aggregated)
6. Providers of Managerial accountants, Financial accountants (CPA)
information engineers, economists, and independent auditors
mathematician, sales &
marketing specialists, &
psychologists

7. Data format Any forms that managers Some flexibility within the
find useful, no constraints constraints imposed by the
GAAP, SEC, FASB & PICPA

Similarities
Both uses only one management information system (MIS) and the
accounting information generated for financial accounting is also used by
management accountants

Bulacan Date Developed:

Bachelor of Science in February 2021
Office Management Polytechnic Date Revised: Page 10 of 13
College
Managerial Accounting
Document No. Developed by:
MACC 423 Eugene A. Ruano Revision # 02
30- MACC 423
They start with the financial accounting information and then expand it to
comply with their needs
They are both concerned with issuing financial reports about the firm’s
activities for a period of time
Financial accounting focuses on the firm as whole, and management
accounting focuses on smaller segments of the company

Bulacan Date Developed:

Bachelor of Science in February 2021
Office Management Polytechnic Date Revised: Page 11 of 13
College
Managerial Accounting
Document No. Developed by:
MACC 423 Eugene A. Ruano Revision # 02
30- MACC 423
 Bulacan Date Developed:
Bachelor of Science in February 2021
Office Management Polytechnic Date Revised: Page 12 of 13
College
Managerial Accounting
Document No. Developed by:
MACC 423 Eugene A. Ruano Revision # 02
30- MACC 423
 Bulacan Date Developed:
Bachelor of Science in February 2021
Office Management Polytechnic Date Revised: Page 13 of 13
College
Managerial Accounting
Document No. Developed by:
MACC 423 Eugene A. Ruano Revision # 02
30- MACC 423