Week0_Introduction to Managerial Accounting.pptx

Managerial Accounting

1. Introduction to Managerial Accounting Nguyễn Tiến Dũng, PhD Fall 2025

2. Instructor PhD Computer Science and Information Systems (University of Colorado Denver, Colorado, US) MBA in Finance and Information Management (California State University, San Bernardino) E-Mail : [email protected] Office Hours: Tuesday and Thursday, 9.00 -11.00 Appointments

3. Course Objectives Help students understand the concepts and uses of managerial accounting information in the context managerial decision-making. Develop students’ oral and written communication skills in addition to technical accounting knowledge.

4. Learning Materials Ray H. Garrison, Eric Noreen, Peter C. Brewer (2021). Managerial Accounting, 17th edition, McGraw-Hill Education. This book has a Vietnamese translation, which is sold on Tiki Garrison’s online materials: https://highered.mheducation.com/sites/007802563x/student_view0/

5. Garrison’s online materials Source: https://highered.mheducation.com/sites/007802563x/student_view0/

6. Course Evaluation Rubrics Video quizzes/e-learning quizzes : 10% Group project : 15% Midterm : 25% Final Exam : 50% Total : 100% Important note: if you fail to get at least 50% for the Video quizzes, you will fail the class!!!

7. Video Quizzes (10%) https://lms.hcmut.edu.vn/course/view.php?id=72280

8. Video Quizzes The Quizzes will be available the whole semesters. You will have 5 attemps for each Quiz and the highest score will be recorded.

9. Group project Requirement (15%) to determine the cost of a product, discuss how the firm control the costs of making the product, how the firm deal with ethics in managerial accounting like overproduction, asset replacement, cost allocation, conflicting interest, etc. Please refer to the following article for the ethics in Managerial Accounting: https://bizfluent.com/info-8438086-ethical-problems-management-accountants.html 10

10. Group Project Structure Introduce the company and choose a product for your cost investigation (questions 2-7). Questions 8 and 9 are related to the company/ department unit. Describe the process of making the product. Costing: Describe the costs involved in making the product Classify the costs into the categories of fixed vs variable vs mixed costs; direct vs indirect costs; products vs period Determine the direct materials, direct labor and the overhead of the product based on job order costing or process costing Breakeven analysis: Determine the break-even quantity and break-even dollars Application of ABC in overhead allocation: Determine the activity cost pools Determine the cost driver for each cost pool Determine the product cost based on the activities of making the product. Determine the maximum price of the product that the company would buy rather than make.

11. Group Project Structure Budgeting: Describe the budgeting process of the firm or a department unit Describe how the firm/ department controls the costs using its flexible budget Standard costing: Determine the standard cost for the materials, labor and overhead. Determine the variance for the last period (month or week or day). Why did they have the variance? How would the company control the variance? Discuss the firm ethics in Managerial Accounting Conclusion and recommendations Reference Appendix (transcripts of your interviews, photos)

12. Project Evaluation Rubrics Topic presentations: 20% Final project report: Analysis: 30% Writing and format: 10% Midterm video presentation: 10% Final video presentation: 20% Peer review reports: 10%

13. Topic Presentation Prepare slides to discuss the topics 1-8 for each class session. The topic slides should be submitted on the e-learning before the topics start in class. Please note that the actual class schedule will be posted on the e-learning . The class schedule accompanied in this syllabus is suggestive only.

14. Videos Prepare a 4-5 minute midterm video clip covering topics 1-5. The midterm video clip is required to submit on the e-learning at least one week before the midterm video presentation. Prepare a 5-6 minute final video clip covering topics 1-10. The final video clip is required to submit on the e-learning at least one week before the final video presentation. Every member should have a chance to appear and talk on the videos

15. Final project report The final project should have at least 4000 words but no more than 6000 words, not including references and appendix. .

16. Peer Assessment Write a midterm and a final peer review report. The peer review reports are submitted before the midterm/final video presentation days.

17. Group Work Form groups of 5 members do group project Help each other in self-study homework Changing group is NOT possible. Splitting is possible. Deadline for changing group: Sep 19 th ,2025

18. Midterm and Final Exam Comprehensive: cover all materials discussed in class. Multiple choice section: similar to those on the publisher’s website. Problems: picked from the textbook homework Essay section: similar to those in the group project/ homework/ case studies discussed in class

19. Communication Email Should include: “Managerial Accounting” in the subject Include your name Face to face meeting: Finance Department (104B10) Office hours

20. Class Disciplines Turn off all electronic devices Don’t leave early Don’t come late