Dow University of Health Sciences

Course Overview
1 Title of Course Accounting for Decision Making

2 Course Code ACC622

Institute/ College/
3 Institute of Business and Health Management
Department
4 Course Coordinator Muhammad Rizwan
5 Mode of Study Online
6 Duration 48 hrs
Campus/ Location
7 on campus
Office
8 Total Credit Hours 03 cr
9 Accredited by
Date of Commencement
10 March 2021
of course.
Date of Evaluation/
11
Review

Course Details
A Introduction
This course builds on the foundation provided in the Financial Accounting and
information system, and concentrates on how to use the financial information to make
decision making in an organization. The course focuses on the cost and managerial
accounting functions in an organization that use accounting information for internal
consumption. This course is in contrast to financial accounting that aims for external use
of information. This course also examines the use of management accounting
information for planning, control and performance evaluation purposes.

B Course Objectives
After completing the course, a student should be able to:
1. Demonstrate the cost accounting fundamentals in terms of defining the cost terms
and explaining the purpose ( PLO 1,4 & 5) (Bloom’s level 2)
2. Allocate costs to different cost objects and use different methods for the purpose
( PLO 1& 2) (Bloom’s level 2)
3. Apply accounting information for planning and controlling through the use of fixed and
flexible budgeting, variance analysis and its use for management control decision
making( PLO 3) (Bloom’s level 3)
4. Evaluate basic management control systems including responsibility centers,
performance evaluation tools and transfer pricing.( PLO 1,2 & 3) (Bloom’s level 5)

Accounting for Decision Making, MBA, SP 2021

C Eligibility Criteria
All those students who have successfully cleared financial Accounting. ACC516

D Course Requirements, Rules & Regulations

1. All communication devices should be turned off during class time.
2. You will not be allowed to use cell phone as calculators for quizzes and exams.
3. You must bring a separate calculator in each class.
4. You are expected to come to class prepared and participate in the discussions.
Large amounts of materials will be covered quickly and each session builds on
previous ones.
E Course Plan (TOPIC wise course schedule).

Sessions
Week Textbook Location Topics
Chapter Date
Managerial Accounting and Business
Environment:
Chap 1,
1 Garrison 3-3-21 On Campus The need for managerial accounting;

comparison of financial and managerial

accounting;

Chap 2, Managerial Accounting

Expanding role and
managerial Cost Concepts
accounting.
Garrison 10-3-21 General cost classification; product costs versus
2-3 17-3-21 On Campus period costs;

cost classification on financial statements;

production costs;
Chap 3, System Design – Job Order Costing:
Cost classification for predicting cost behavior,
Garrison assigning
Job order costs to cost objects, and decision-
cost system,
24-3-21
4-5 On Campus making.
31-3-21 Cost flow in job-order, assigning manufacturing
costs to work in process.

Chap 4, System Design – Process Costing:

Garrison
7-4-21 Process cost accounting, equivalent units and the
6-8 On Campus production cost report.
14-4-21

9 MID TERM

Cost-Volume-Profit Relationship (CVP)

Chap 6, Analysis:
Garrison
Assumptions in CVP analysis; Break-even
10- 21-4-21 On Campus analysis;
11 12-5-21 CVP considerations in choosing a cost structure;

structuring sales commissions; the concept of

sales mix

Accounting for Decision Making, MBA, SP 2021

 Variable Costing: A Tool for Management:
Chap 6,
Garrison Absorption and variable costing;

19-5-21 On Campus income comparison of absorption and variable

12 costing;

effect of changes in production on net operating

income;

Choosing a cost method.

Chap 7,
Garrison
On Campus Activity-Based Costing: A Tool to Aid Decision
13 26-5-21 Making

Chap 8,
Garrison Profit Planning:
14- 2-6-21 On Campus
15 9-6-21

Chap 10,
Garrison Standard Costs:
On Campus
16 16-6-21

Chap 12, Differential Analysis: The Key to Decision

Making
Garrison
23-6-21 On Campus
17

Textbooks and References:

Managerial Accounting 17th Edition, by Ray H. Garrison and Eric W. Noreen

Reference Book

Managerial Accounting: Tools for Business Decision Making, 8th Edition Jerry J. Weygandt,
Paul D. Kimmel, Donald E. Kieso

Articles:
Topor, Dan & Dorin, Ioana & Putan, Alina. (2011). THE ROLE OF COST INFORMATION
IN DECISION-MAKING. CASE STUDY. Annales Universitatis Apulensis Series
Oeconomica. 2. 15-15.

https://www.scribd.com/document/13283566/Management-Accounting-Research-18-
2007-125-149

F Course Assignments
Assignments Chapters Due Date

Assignment 1 2&3 10th April 2021

Accounting for Decision Making, MBA, SP 2021

 Assignment 2 4&5 31st May 2021

Final Report 8 & 10 30th June 2021

G Assessment/Grading Policy
Grading Weightage
Quizzes, Assignment & Report 35%
Mid-term Exam 25%
Final Exam 40%
Total Weightage 100 %
H Learning Resources
1. Power Points slides will be uploaded on the DOES for the students after conducting
the Online Class.
2. Recorded lectures will be available for the students for the Revision or review any of
the slides in off timings.
3. Solved Problems of class and Case Studies will be available for the students for better
understanding of questions in off timings.
4. Reading Books as mentioned above will be uploaded on the DOES for the student’s
enhancement of knowledge.
5. Relevant research papers will also be uploaded for deep understanding of the course.
6. Videos: https://study.com/academy/topic/cost-accounting-for-decision-making.html

I Course Evaluation
Course evaluation will be conducted online by QEC.

J List of Course Faculty

Give a list including names and contact details (emails and/or phones numbers)
of course coordinator and faculty members.
Name Email Phone
Muhammad Rizwan Mohammad.Rizwan@duhs.ed 0333-2562926
u.pk

Accounting for Decision Making, MBA, SP 2021