Accounting (ACCT) 250
Accounting for Managers (Revision 5)
Revision 5 closed, replaced by current version.
View previous syllabus.
Delivery Mode: Individualized study online or grouped study**
Credits: 3
Area of Study: Applied Studies
(Business and Administrative Studies)
Prerequisite: None.
Precluded Course: ACCT 245. (ACCT 250 may not be taken for credit if credit has already been granted for ACCT 245.)
Centre: Faculty of Business
ACCT 250 has a Challenge for Credit option.
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**Note:Students registering in grouped study, or grouped study international mode are advised that there may be some differences in the evaluation and course materials information indicated below. To obtain the most up-to-date information, contact the Faculty of Business Student Support Centre at 1-800-468-6531.
Overview
Accounting 250: Accounting for Managers focuses primarily on how to provide managers with the management information they need for making informed decisions. It also introduces the role accounting plays in providing reports to external bodies such as the federal government, banks, and other lenders of money.
This course makes a distinction between external and internal reports. External reports are for information users who are external to the organization. Large corporations must prepare and file such reports for governmental and other organizations such as stock markets. An important feature of external reports is that they have a similar format, and those who prepare these reports must follow specific rules when compiling them. Internal reports, on the other hand, help managers make informed decisions in areas such as planning and controlling the organization’s resources. These reports are prepared according to the managers’ needs, and there are no set rules concerning their preparation. However, there is a set of principles that should be followed to ensure that these reports provide meaningful information.
Outline
Unit 1: Introduction to Accounting—A Strategic Context
Unit 2: Cost Behaviour and Analysis
Unit 3: Cost Management Systems
Unit 4: Relevant Information and Special Decision-Making
Unit 5: Basic Principles of Financial Accounting
Unit 6: Interpreting Financial Statements
Unit 7: The Budgeting and Standard Cost System
Unit 8: Capital Budgeting
Unit 9: Responsibility Accounting, Decentralized Organizations, and Cost Management/Performance Measurement Systems
Evaluation
To receive credit for ACCT 250, you must achieve a course composite grade of at least “D” (50 percent) and a grade of at least “D” on the Final Examination. The following chart describes the credit weight associated with each course requirement. The weighting of the composite grade is as follows:
| Assign. 1 | Assign. 2 | Assign. 3 | 5 Quizzes (5% each) | Final Exam | Total |
|---|---|---|---|---|---|
| 10% | 10% | 10% | 25% | 45% | 100% |
To learn more about assignments and examinations, please refer to Athabasca University's online Calendar.
Note: Examinations for this course are taken online, and must be taken at an invigilated location. It is your responsibility to ensure a computer with an Internet connection and Internet Explorer 7.0 or higher is available for your use at the invigilation centre.
Course Materials
Textbooks
Mallouk, B. M., Spraakman, G., Raiborn, C. A., Barfield, J. T., & Kinney, M. R. (2007). Managerial accounting (2nd Can. ed.). Toronto: Thomson Nelson. ISBN: 0-17-640709-X
Mallouk, B. M., & Spraakman, G. (2007). Student solutions manual for use with managerial accounting (2nd Can. ed.). Toronto: Thomson Nelson. ISBN: 0-17-640728-6
Chapter 14: Introduction to financial statement analysis is included as a separate volume.
Other Materials
All other course materials will be accessed online. The course materials for this course are shipped as a shrink-wrapped package. If the shrink wrap is broken, the materials are not returnable.
Challenge for Credit Course Overview
The Challenge for Credit process allows students to demonstrate that they have acquired a command of the general subject matter, knowledge, intellectual and/or other skills that would normally be found in a university level course.
Full information for the Challenge for Credit can be found in the Undergraduate Calendar.
- Undergraduate Challenge for Credit Policy
- Undergraduate Challenge for Credit Procedures
Challenge Evaluation
To receive credit for the ACCT 250 challenge registration, you must achieve a grade of at least “D” (50 percent) on the examination.
Online Exam
Undergraduate Challenge for Credit Course Registration Form
- Challenge for Credit Form
Athabasca University reserves the right to amend course outlines occasionally and without notice. Courses offered by other delivery methods may vary from their individualized-study counterparts.
Opened in Revision 5, March 7, 2008.
View previous syllabus
Last updated by SAS 04/23/2015 15:54:12
