Philippine Christian University

1648 Taft Avenue cor. Pedro Gil Street, Manila

Graduate School of Business and Management

Course Syllabus Management Accounting

(2nd Term, A.Y. 2015 2016)
I. Course Description
This course emphasizes on the use of accounting information as a tool of management in the
functions of planning, organizing, controlling and decision-making. It covers the understanding of
bookkeeping fundamentals, the basic accounting concepts, revenue and cost measurements and the
accounting for assets, liabilities and capital. The preparation and analysis of financial statements, the
appreciation of the behavior costs for management decisions and budgeting will likewise be discussed.
II. Objectives
At the end of the course, the students are expected to:
a. be equipped with the understanding of what the users of accounting information need to know about
accounting;
b. appreciate the accounting process and its logical analysis of business transactions in the context of
business peculiarities; and,
c. develop their analytical ability in using accounting information as an aid in decision-making process.
III. Methodology
Lecture and class orientation, workshop, case analysis and presentation and learning assessment
IV. Grading System
Case presentation and defense
Class participation and attendance
Final Examination

40%
40%
20%

IV. Textbook:
`

Accounting: Text and Cases, International Thirteenth Edition/Twelfth Edition

Robert N. Anthony, David F. Hawkins & Kenneth A. Merchant; Irwin /McGraw-Hill
IV. Course Outline
Session
1

Activity and Topics

Orientation
The Nature and Purpose of Accounting
Case: Music Mart, Inc.

Basic Accounting Concepts: Balance Sheet

Basic Accounting Concepts: Income Statement
Cases: Maynard Company (A)
Maynard Company (B)

Cases: Lone Pine Caf (A)

Lone Pine Caf (B)
Dispenser of California, Inc.

Accounting Records and System

Case: PC Depot
Revenue and Monetary Assets
Case: Grennell Farm

Textbook Reference
Chapter 1
Chapter 2
Chapter 3

Chapter 4
Chapter 5

Session
5

10

11

12

13

Activity and Topics

Cost of Sales and Inventory
Cases: Lewis Corporation
Browning Manufacturing Co.
Long-lived Assets and their Amortization
Case: Stafford Press

Textbook Reference
Chapter 6

Chapter 7

Sources of Capital: Debt

Case: Norman Corp. (A)
Sources of Capital: Owners Equity
Case: Xytech, Inc.

Chapter 8

Other Items That Affect Net Income & Owners Equity

Case: Silver Appliance Company
The Statement of Cash Flow
Problems 11-14 and 11-15
Case: Amerbran Company (A)

Chapter 10

Financial Statement Analysis

Case: Springfield National Bank
Understanding Financial Statements
Case: Limited Editions, Inc.

Chapter 13

The Nature of Management Accounting

Financial Accounting vs. Management Accounting
The Behavior of Costs
Case: Hospital Supply, Inc.

Chapter 15

Full Cost and Their Uses

Problems 17-1 to 17-4
Additional Aspects of Product Costing
Case: California Creamery Inc.

Chapter 17

Standard Costs, Variable Costing System, Quality Costs and Joint Costs
Problems 19-1 to 19-4
The Management Control Environment
Problems 22-1 to 22-4

Chapter 19

The Management Control Process

Case: Tru-Fit Parts, Inc.
Strategic Planning and Budgeting
Problems 24-2 and 24-3

Chapter 23

Chapter 9

Chapter 11

Chapter 14

Chapter 16

Chapter 18

Chapter 22

Chapter 24

Final Examination

V. Course Requirements:
Students are required to (a) submit a printed copy of their analysis, (b) present and defend their
assigned case and (c) take the final examination on the scheduled dates.
VI. References:
Management Accounting, Latest Ed., Moore, Jaedicke and Anderson, South Western Publishing Co.
Intermediate Accounting, Latest Ed., Skousen, Stice & Stice, South Western/Thomson Learning.
December 2015

Mark Vincent B. Bendo