AFM382 Syllabus - Fall 2023

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School
University of British Columbia **We aren't endorsed by this school
Course
ACCOUNTING 321
Subject
Accounting
Date
Oct 29, 2023
Pages
12
Uploaded by ProfessorBoulderSalamander3 on coursehero.com
AFM 382: Cost Management Systems 1 of 12 School of Accounting and Finance AFM 382: Cost Management Systems Fall 2023 Course Syllabus Course Instructor: Name: Joyce Tian Office Location: HH 383G Office Hour: Mondays 2:30pm-3:30pm (online meetings are also fine) Telephone: Online meetings (LEARN discussion forum preferred) Email: [email protected] Name: Tyler Thomas Office Location: HH 3122 Office Hour: Tues/Thurs 11:30am-12:30pm (online meetings are also fine) Telephone: Online meetings (LEARN discussion forum preferred) Email: [email protected] Tutorial Leader Please note that the TA's will be monitoring the discussion forums daily. Please post all course content related questions on the discussion forums for the TA's to assist you with. The discussion forums will be the main source of content related questions/answer with students. Please email the professor directly with any private or personal matters that should not be posted in the discussion boards. Lecture Schedule and Location Name (s): Pranavii Prabananthan Email: [email protected] Time: Location: Wednesday 5:30pm - 6:20pm HH1101 Section Days of the Week Time Location Professor 004 Tuesday & Thursday 8:30am - 9:50am HH1108 Tyler Thomas 005 Tuesday & Thursday 10:00am - 11:20am HH1108 Tyler Thomas 003 Tuesday & Thursday 4:00pm - 5:20pm HH2104 Joyce Tian 001 Tuesday & Thursday 5:30pm - 6:50pm HH1108 Joyce Tian 002 Tuesday & Thursday 7:00pm - 8:20pm HH1108 Joyce Tian
AFM 382: Cost Management Systems 2 of 12 Covid-19 Information Please check the latest updates at https://uwaterloo.ca/coronavirus/ With the return of students to the University for the fall term, you should be aware that respiratory illnesses such as COVID-19, respiratory syncytial virus (RSV), and influenza continue to circulate in our community both on-campus and off. There are steps you can take to protect yourselves and those around you. Maintaining up-to date vaccinations for COVID-19 and influenza remain the most important protective measures you can take. We also encourage you to think of the people around you and help limit the spread of COVID-19 by wearing a mask in indoor settings . Additionally, if you are experiencing symptoms of COVID-19 , protect your colleagues or classmates by not coming to campus. Course Description: Consideration of more complex topics in management planning and control. Emphasis is on traditional and contemporary cost accumulation systems and their application in modern day organizations. Cases, simulations, projects and presentations are the key instructional methods used to understand and integrate course material. At the end of the course, students will have a solid understanding of how the correct choice of a costing model adds value to the organization. AFM 382 is a prerequisite to AFM 482 Performance Measurement and Organizational Control. BAFM Program Level Learning Outcomes Each of the School of Accounting and Finance's Program Level learning outcomes identifies a knowledge, skill or value of a financial professional. These outcomes are organized into seven areas as reflected in the graphic. The puzzle pieces reflect the integration of all areas. All outcomes are developed through experiential learning.
AFM 382: Cost Management Systems 3 of 12 Course Learning Outcomes This course's learning outcomes map to the Program Level learning outcomes as follows: Intended Learning Outcomes By the end of the course you will be able to: Knowledge Base for a Financial Professional Communication Capabilities Problem-Solving Capabilities Fluency in the Languages of Business, Entrepreneurship and Technology Ethical Conduct and Social Responsibility Leadership and Collaboration Attributes / Qualities of a Financial Professional 1. Choose the optimal decision under uncertainty using expected value. X X X 2. Interpret the results of operating and strategic decisions using tools such as cost-volume-profit, relevant costing, and net present value. X X X 3. Estimate product costs using tools such as job, process and activity- based costing and allocation methods related to period costs, joint costs and by-products. X X X 4. Analyze differences between budgeted and actual income statements using four levels of variances. X X X 5. Take initiative to manage learning through pre-class preparation, in- class participation, questions with peer students, and post-class practice activities. X X X X Course level alignment between learning outcomes, assessments and activities: Intended Learning Outcomes Learning Assessments Learning Activities 1. Interpret the results of operating and strategic decisions using tools such as cost-volume-profit, relevant costing, and net present value. MyLab Dynamic Study Modules MyLab Homework Quizzes Midterm exam Final exam Preparations for class (readings, solve problems) MyLab Dynamic Study Modules My Homework Quizzes Lecture Class discussions Case/problem discussions iClicker 2. Estimate product costs using tools such as job, process and activity-based costing and allocation methods related to period costs, joint costs and by-products. MyLab Dynamic Study Modules MyLab Homework Quizzes Midterm exam Final exam Preparations for class (readings, solve problems) MyLab Dynamic Study Modules MyLab Homework Quizzes Lecture Class discussions Case/problem discussions iClicker 3. Analyze differences between budgeted and actual income statements using four levels of variances. MyLab Dynamic Study Modules MyLab Homework Quizzes Midterm exam Final exam Preparations for class (readings, solve problems) MyLab Dynamic Study Modules MyLab Homework Quizzes Lecture Class discussions Case/problem discussions iClicker 4. Take initiative to manage learning through pre-class preparation, in-class participation, and post-class practice activities. MyLab Dynamic Study Modules MyLab Homework Quizzes Preparations for class (readings, solve problems) MyLab Dynamic Study Modules MyLab Homework Quizzes Lecture Class discussions Case/problem discussions iClicker
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