Semester Course Credits Instructor Class Days

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MBA Management Accounting 2 Hours Ghanendra Fago (MBA, M. Phil.) gfago@hotmail.com ..........................................

Introduction and Objectives The main objective of this course is to provide in depth knowledge of management accounting concepts, tools and techniques and encourage in application of these tools in planning, decision making and control process. Thus this course includes the basic concept of management accounting and controls that are useful in strategic management process in the business organization. Management accounting focuses on critical understanding of management accounting from planning and decision-making perspective. The course aims to facilitate the participants thinking critically and rationally for the allocation of scarce and valuable economic resources among the available courses of actions in the competitive business environment. It will enable management practitioners to apply accounting information in the planning and decision making process. Course Design This course includes concepts and scope of management accounting applications, management accounting information system; cost estimation and cost-volume-profit analysis; strategic financial planning, strategic business decisions; investment decisions for value creation; management control systems and responsibility accounting; and cost management systems and cost control techniques. Methodology The teaching methodology of Management Accounting will include a combination of class lectures, group discussions, and problem solving exercises, small case studies, and quizzes. Participants must complete their prior reading and works before participating in the class. Each class will be begun with quiz to test the readings of the participants. Evaluation It is ongoing or continuous evaluation process, which will be spread throughout the semester. Participants will be evaluated on the following bases: Attendance : 5 Marks Quiz : 5 Marks Problems Assignments, : 15 Marks Case and Articles reviews : 15 Marks Case Presentation : 10 marks Internal tests ( Two tests) : 20 Marks Mid-term exam : 30 Marks Note: Participants must maintain 80% attendance and obtain minimum of 60% marks in the evaluation to be qualified in the course. Assignment should be submitted individually, but group consultation is allowed. Deadline of review and case assignment will one day only. Late submission and copying from others will be penalized. Quiz will be taken in the mentioned date. There will be Two Internal Tests as per this detailed schedule within class schedule with or without prenotice. There will be no make-up and re-exam for the participants who miss or fail the written test. Management Accounting Detailed Syllabus Days 1 2 Chapters Overview of management accounting Cost concept and classification, estimation, Traditional costing Vs ABC system Income recognition and reporting: Texts/ Reading HSS and CD, hand outs Quiz I, GN: Ex 2.1 p73, Prob.2.15p79, Ex.5.3p219, Ex5.5p220 Prob5.12p222 Prob.8.17p361 Use of Excel in cost segregation and estimation HSS: 13.53, 3.54, 13.41 13.53,13.54 Assignments Project/Case Assign 1 Case Assignment 1 Due Assignment 2

Assignment 2 due,

KGFSN: Illustration 9 & 10, PP-6, PPAssignment 3 7, PP-17, Prob7.13p306 Prob7.17p310, Test- I 4-5 Cost volume profit analysis (Certainty GN: Case 6.22p271, Case 6.23p272 Assignment 4 and uncertainly) HSS: 2A2, 2A1-86p, 2B1, 3B2, KGFSN: Illustration 10, 13, 17, 18 pp10, 24, 29, 31, 39, Presentation: Group A- Management accounting practices in the British Food and Drinks Industry Quiz II 6-8 Budgeting: Profit planning and HSS:7A1-338p, and Hand outs Assignment 5 control KGFSN: Illustration 18, 20,PP-10,12,13, Presentation: Group B: Management accounting practices in the Greek hospitality industry 9&10 Standard costing and Balance GN: EX.10.5p462, EX.10.9p463 Reviews scorecard Flexible Budgeting and Hand out/ class works variance analysis 11 Management control system and HSS and GN Assignment 6 responsibility accounting Review of the Chapter Presentation: Group C: Good Budgeting Practices in Malaysian Public Universities Group D: Management accounting and performance measures in Japanese Banks Test II Presentation: Group E: Using balance scorecard as strategic management system 12 Long-term Investment Decisions HSS: 11B2, 11B3, 11.49, Assignment 7 Risk and Uncertainty KGFSN: PP-9, 11,13, 18, 19, 23 13 Decision making-Drop or continue HSS: 5B3, decision KGFSN: Illustration 12,13, 14 14 Accept and Reject offer Decision HSS: 5A1, 5.62, 5.53, 5.38, KGFSN: Illustration 2, 8, 9 15 Make or buy part and components HSS: 6.33,6.34, 6.35, 6.51, 6A1, 6B1, decision 6.62, 6.64, 6.65 KGFSN: Illustration 19,21,PP-30,32 Quiz III, Final Submission of Project Work 16 Sell or process further and S or F: 6A2, 6B2, 6.36, 6.37 6.39. 6B3 NA Lease or cash purchase decisions KGFSN: Illustration 33,3438 15 & Internal pricing and external pricing KGFSN: Illustration 2, 8, PP-11, 14, 16 Assignment 8 18 PP-15, 18, 19, 21-25 Problems from HSS Text Books Garrison, Ray H and Noreen, Iric W (2003). Managerial Accounting; New York: Tata McGraw (GN) Horngren, C. T.; Sundem, G. L. and Stratton, W. O: Introduction to Management Accounting; Pearson Education; New Delhi. (Thirteenth edition) (HSS) Koirala, M.P., Gyawali A, Fago, G, Subedi, D and Niroula, H (2010) Management Accounting: Kathmandu: Budhha Academics enterprises P. ltd. (KGFSN) Bajracharya et al. (2006) Management accounting; Katmandu: Asmita Books and stationery (BOGS) Drury, Colin: Management and cost accounting (Fifth Edition 2000); Business Press Thomson Learning (CD) Ronald W. Hilton: Managerial Accounting: Creating Value in a Dynamic Business Environment; TATA McGraw-Hill Publishing Company Limited, New Delhi;

Variable and Absorption costing