MGMT355
Management Accounting
Explore the fundamental concepts and techniques of management accounting with an emphasis on strategic planning, budgeting, cost-volume-profit analysis and decision-making in a competitive environment. You will learn how background theories and concepts apply to the decision-making process, compare and apply different costing methods to implement the best pricing strategy, and prepare a flexible budget that guides operational decisions. Topics include: cost behaviour, transfer pricing, traditional costing techniques, activity-based costing, cost and overhead analysis, planning and control, balance scorecard, reporting, budgeting and competitive management methods.
Prerequisite(s):
Overview
Location: Online
Duration: 12 weeks
Tuition: $649
Can be applied to:
Business Management Certificate
Risk Management Certificate
Upcoming Offerings
Register for a course at any time, with the option to apply to the Business Management Certificate program later.
- Tue, Jan 14, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Tue, Jan 21, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Tue, Jan 28, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Tue, Feb 4, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Tue, Feb 11, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Tue, Feb 18, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Tue, Feb 25, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Tue, Mar 4, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Tue, Mar 11, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Tue, Mar 18, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Tue, Mar 25, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Tue, Apr 1, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Thu, Sep 11, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Thu, Sep 18, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Thu, Sep 25, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Thu, Oct 2, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Thu, Oct 9, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Thu, Oct 16, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Thu, Oct 23, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Thu, Oct 30, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Thu, Nov 6, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Thu, Nov 13, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Thu, Nov 20, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
- Thu, Nov 27, 6:00 p.m. – 9:30 p.m. Pacific Time (virtual class)
What you will learn
After completing this course, you’ll be able to do the following:
- Identify how managerial accounting helps managers direct and control an organization’s operations
- Analyze cost behaviours to direct strategic operational decisions
- Perform cost-volume-profit analysis and break-even analysis to guide key business decisions
- Apply a variety of costing systems to efficiently estimate cost for profitability analysis, inventory valuation and cost control
- Develop a master budget focused on the elements of control and strategy implications
- Create an analysis report to address commonly encountered short-term and long-term investment decisions
How you will learn and be evaluated
- Prepare to spend 6–10 hours per week on coursework
- Expect readings and other assignments on a weekly basis
- Plan to access the course at least once every few days to keep up with your work and class discussions
You will be evaluated on:
- Assignments
- Exams
- Individual or group projects
- Participation and attendance
Learning Materials
Course fees do not include textbooks. We recommend you purchase your textbook as soon as you’ve registered. We will provide additional course materials online.
Required textbook:
Garrison, Libby, Webb. Managerial Accounting, 13th Edition. McGraw Hill, 2023.
Connect: ISBN 9781265750756
Connect & Print: ISBN 9781265772703
January–April 2025 students: Please create an account with the publisher to be added to the instructor’s roster to track your work/assignments, etc.
Technical Requirements
For online courses, you will need a computer with audio and microphone that is connected to the internet. Canvas is the online system that will be used for the course. For more information and online support, visit Online Learning.