RAB 3103 MANAGEMENT ACCOUNTING

Course Code

RAB 3103

Course Title

Management Accounting 1

Credit Hours

Assessment

Individual assignments
Attendance
Mid-semester examination
Final examination
Total

Trimester Offered

Bachelor of Accounting (Hons)(CPA) Trimester 2 Year 1

Rationale

This course serves as an intermediate level course building upon the

principles and applications discussed in prior courses. This is a major
course and provides the knowledge and skills necessary in the field of
study.

Lecture/Tutor

Chandran

Tel # (off)

03-23077125

Email

pgchandran@unirazak.edu.my

15%
5%
20%
60%
100%

Notes:
1. Any absence from class, without valid reasons and evidence will be
recorded and students who failed to achieve 80% of the attendance will
be barred from sitting the final examination.
2. Any student who came to class without bringing textbook and learning
materials will get zero 0 for attendance.
3. Any student who never attempted the tutorial questions will get zero 0
for attendance.

RAB 3103 MANAGEMENT ACCOUNTING

Lecture / Tutorial Schedule:

Chapter

Week

Lecture Topics

Week 1

Unit 1 Scope of Management Accounting

1.1 Management accounting, Financial
Accounting and Cost Accounting
1.2 Management functions and levels
1.3 Different costs for different purposes

Week 2

Unit 2 Cost Classification

2.1 Costs and cost terminology
2.2 Direct Costs and Indirect Cost
2.3 Variable Costs and Fixed Costs
2.4 Cost of goods manufactured, Financial
Statement, Product cost and Period cost
2.5 High-low method

Week 3
Week 4

Unit 3 Costing for Overhead

3.1 Direct and Indirect overheads
3.2 Allocation, apportionment, re-apportionment
and
absorption of overhead costs using traditional
approach
3.3 Predetermined overhead rate
3.4 Calculation and treatment of under and overabsorbed overheads

Week 5

Unit 4 Job Costing

4.1 Job Costing and process costing system
4.2 Job-cost sheet

Week 6
Week 7

Unit 5 Process Costing

5.1 Job Costing and process costing system
5.2 Normal and abnormal loss
5.3 Weighted average method
5.4 Preparation of Production Report (Physical
units, equivalent units, cost per unit and cost
assignment Step 1 to 4.

Week 8

MID TERM

Hours

Lecturer

Chandran

Chandran

Chandran

Chandran

Chandran

RAB 3103 MANAGEMENT ACCOUNTING

Week 9
Week 10

Week 11
Week 12

Week 13
8

Week 14

Unit 6 Marginal/Absorption Costing

6.1 Variable costing and absorption costing
6.2 Explaining differences and similarities in
product
cost and period cost
6.3 Explaining differences and similarities in
income
statement
6.4 Preparing income statement in contribution
format

Chandran

Unit 7 Activity Based Costing

7.1 Changes in cost compositon and impact of
Activitybased costing (ABC) method
7.2 How costs are treated under ABC
7.3 Designing ABC system
7.4 The mechanics of ABC
7.5 Advantages and limitations of ABC
7.6 ABC in the service industry

Chandran

Unit 8 Modern Business Environment and

Management Accounting
8.1 Impact of modern business environment on
management accounting
8.2 Modern vs. traditional business environment

change in focus towards customers, quality

and
value, traditional production vs flexible
production ,
inventory management and cost reduction
programs

Chandran

Revision

Chandran

Text Book:

1. Management and Cost Accounting,Colin Drury, 8th Edition, published by Cengage

Learning
References:

2. Management Accounting,2015, published by Oxford