AF2110: Management Accounting I

Syllabus
Fall 2018

Instructor
Dr. Luo Jianchuan
Office M507j, Li Ka Shing Tower
Email jcluo@polyu.edu.hk
Extension x7045
Consultation hours Monday and Tuesday 9:30–11:30AM, and by appointment

Role and Purpose

This subject contributes to the achievement of the BBA (Hons) Programme Outcomes
by enabling students to identify and evaluate business opportunities as they arise
through adopting an entrepreneurial perspective (Outcome 5). This will be achieved
through evaluating the processes and structures of organizations’ planning, decision
making, motivating, and controlling activities (Outcome 9), through identifying and
analyzing the means of value creation in the business processes (Outcome 8), and
through identifying and appropriately responding to ethical issues as they arise in
various business settings (Outcome 4) in the management accounting context. In addi-
tion, the subject will provide students with sufficient professionally specific skills and
knowledge in management accounting to make an immediate contribution to the or-
ganization in which they are first employed, and provide them with the foundation for
their future continuous professional development (Outcome 11).

Learning Outcomes and Assessments

Upon completion of the subject, students will be able to:

• Understand and critically apply the appropriate concepts and techniques to gen-
erate cost information to help management in organizational planning and con-
trol (Outcomes 5, 9 & 11).
• Identify and analyse the means to create value in goods and services and deliver
to end users, using appropriate costing methods and management accounting
techniques (Outcomes 8 & 11).
 • Suggest alternative solutions to various management decision-making problems,
based on their understanding of relevant cost information and other management
accounting tools, in achieving business and corporate strategic objectives (Out-
comes 5, 9 & 11).
• Evaluate ethical issues from a management accounting perspective and suggest
appropriate responses to aid management decision-making processes (Outcomes
4 & 11).

Textbook
Ray H. Garrison, Eric W. Noreen and Peter C. Brewer, Managerial Accounting, US Edition
(Customized version), 15th Edition, McGraw Hill.
A copy of the textbook is available under the reserved section in the library.

Assessments
Continuous Assessment
Case presentation 15%
Mid-term test 25%
Participation 10%
Sub-total 50%
Final examination 50%
100%

The following is the detailed description of the above assessments:

Case presentation (Group assessment) 15%

In order to ensure a balanced mix of students from different backgrounds, we will
assign a group number to each student. A group should have 4–5 students. No change
is allowed after a group is formed.
Each group will be responsible to look for its own case for in-depth analysis, which
should integrate management accounting topics with financial, business, behavioral,
and ethical issues. Students are expected to identify a firm for analysis from busi-
ness news, articles from professional journals or business magazines, or the internet.
Students are required to submit the name of the selected firm to your instructor be-
fore 5:00pm, 19th October 2017 (Fri). A thorough report is required. Each group will
have 15 minutes to present the case and 5 minutes for the Q&A section. Students are
expected to conduct critique to those presentations from other groups for individual
participation points. [PO4, PO5, PO8, PO9, and PO11]
Remarks:

1. All members must participate in the presentation.

2. Each group is required to use no more than 5 slides in their presentation.

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 3. The hard copies of the slides, case report, and the related case materials should
be submitted to your instructor at the time of the presentation.
4. Late submission of the case report will be penalized.
5. The selected news/articles should be published on or after 1 January 2017.
6. The case presentation will start from Lecture 9.

Participation 10%
Students are expected to participate in class. You should often raise and answer ques-
tions, speak and share your thoughts to facilitate intellectual exchange in class discus-
sions and in case presentations.
Before attending each lecture, students are required to read the textbook chapters
as stated in the lecture programme. Students will be assigned questions/cases for ex-
ercises after each lecture. [PO4, PO5, PO8, PO9 and PO11]
Students are required to do the assigned questions/cases to help reinforce the un-
derstanding in topics covered in the lectures. Also this will help you to practice for
both your mid-term test and final examination.
[Note] Students who have 100% attendance rate will NOT automatically earn any
participation mark.

Mid-term test 25%

A mid-term test will be conducted on 27th October 2017, Saturday and it will cover the
topics from Lectures 1 to 5. The test includes both short computation questions and
essay questions in a format similar to weekly assignments. The questions will assess
students’ critical analysis skill and problem-solving skill, which covers both concep-
tual, technical, and ethical issues in the context of management accounting. [PO4, PO5,
PO8, PO9 and PO11]
Details of the mid-term test are as follows:

Date 27th October 2017 (Saturday)

Time 9:00–11:00AM
Venue Y409, Y410, Y502, Y508, and Y512

Students who do not attend the mid-term test without a valid reason will have zero
grade for this component.

Final Exam 50%

The final exam will cover the entire syllabus and the format is expected to include tech-
nical questions, short essays, and case analysis etc. Students will be asked to provide
alternative solutions to the business context in question. Ethical issues will also be
covered. [PO4, PO5, PO8, PO9 and PO11]
To pass this subject, students are required to obtain Grade D or above in both the
continuous assessment and the final examination.

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Teaching Schedule
There are 12 class meetings for this course and the arrangement of the meetings for
each session is summarized as follows:

Class Wednesday Thursday Friday

Lecture 1 Sep 5 Sep 6 Sep 7
Lecture 2 Sep 12 Sep 13 Sep 14
Lecture 3 Sep 19 Sep 20 Sep 21
Lecture 4 Sep 26 Sep 27 Sep 28
Lecture 5 Oct 3 Oct 11 Oct 12
Lecture 6 Oct 10 Oct 18 Oct 19
Lecture 7 Oct 24 Oct 25 Oct 26
Lecture 8 Oct 31 Nov 1 Nov 2
Lecture 9 Nov 7 Nov 8 Nov 9
Lecture 10 Nov 14 Nov 15 Nov 16
Lecture 11 Nov 21 Nov 22 Nov 23
Revision Class Nov 28 Nov 29 Nov 30

Note:

• No Class will be held on Oct 11, 12, and 24 because of EoC week, holidays and
break days.
• This schedule is subject to change.