MANAGERIAL ACCOUNTING

Unit Guide

Trimester 1 2024
 ACC202 – MANAGERIAL ACCOUNTING

TRIMESTER 1 2024

About Managerial Accounting (ACC202)

CONTACTS
Dr. Le Thi Ngoc Mai
Unit Instructor
Email: mai.le@isb.edu.vn
An Nguyen
17 Pham Ngoc Thach Street, District 3, HCM City
Program Administrator
Phone: 08 54465555 (Ex:
Email: an.nguyen@isb.edu.vn
104)

UNIT OVERVIEW

This unit provides business students with an appreciation of management accounting concepts
related to the management functions of planning, controlling, and decision making. Students are
introduced to the application of management accounting tools for business decision making,
budgetary control, cost management, as well as performance evaluation.

PRE-REQUISITES

ACC201 – Principles of Accounting

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Assessment Information

UNIT LEARNING OUTCOMES

The table below outlines the unit learning outcomes (ULOs) for this unit. Upon completion of this
unit, students will be able to:

Understand basic knowledge regarding managerial accounting and the relationship between
1.
managerial accounting and management processes

2. Understand costs and cost behavior within the context of business organizations

3. Understand how Cost –Volume – Profit relationships can be used to make business decisions

Understand and use managerial accounting information in various managerial tasks, including profit
4.
planning, flexible budgets, differential analysis, variance analysis, and performance measurement

Understand the importance of ethical behavior of managerial accounting and make decisions in an
5.
ethical manner

6. Develop independent research and teamwork skills that can be used in real business environments

PROGRAM LEARNING OUTCOMES

In line with its focus on assuring students’ skills in unit learning outcomes 1-6 above, this unit is also
responsible for introducing/developing/assuring the following seven program-level learning
outcomes (PLOs):

Knowledge & Application

1. Solid understanding and competency of the appropriate application of business discipline-specific
knowledge.

Communication
2. Competency in professional written and oral communication suited to multiple audiences and
contexts.

Teamwork
3. Effective collaboration in teamwork or other tasks in organizational settings.

Critical thinking
4. Critical thinking through appropriate observing, analyzing, and reasoning, etc.

Problem-solving
5.
Effective and constructive problem solving.

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Ethics
6. An ethical perspective, including an understanding of the ethical responsibilities of organizations.

Cultural Diversity
A global mindset, including an understanding of the different business settings, the ability to identify
7.
foreign market potentials, to diagnose cross-cultural communication problems and propose
appropriate solutions.

ASSESSMENT SUMMARY
VALUE
ASSESSMENT ITEM DUE DATE LEARNING OUTCOMES
(%)
1. Practical exercises Weekly 15% ULO1-6 PLO1-7
2 Mid-term exam Session 7 15% ULO1-5 PLO1,4,5,6,7
3 Group assignment Session 12 10% ULO1-6 PLO1-7
4 Group project Session 14 20% ULO1-6 PLO1-7
5 Final exam TBA 40% ULO1-6 PLO1,2,4,5,6,7

Final marks and grades are subject to confirmation by the School Assessment Committees which may
scale, modify, or otherwise amend the marks and grades for the unit, as may be required by
University policies.
Note: To complete this unit successfully, students must:
 Achieve a minimum of 50 marks;
 Complete all assessment items; and
 Attend 80 percent of class time. See attendance requirements in the section of class policies
and rules below.

Assessment 1: Practical exercises

Due: Weekly
Weight: 15%
Length: 20 minutes per quiz and 40 minutes for activities per session
Students are required to complete 5 online quizzes on ISB elearning. Each quiz includes 10
multiple-choice questions. Students are allowed to do the quiz at one attempt only and submit
within deadlines (Quizzes will be closed after deadlines, and un-attempted quizzes will be marked
as zero).
Also, students are required to participate in class activities either individually or in group every
session (with online submission and presentation).
Marking criteria: online quizzes (5%) and in-class participation (10%).

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Assessment 2: Mid-term exam

Due: Session 7
Weight: 15%
Length: 90 minutes
The mid-term exam covers materials from sessions 1 to 6. The mid-term exam is closed-book,
which will include multiple-choice questions of 100%.
Marking criteria: The exam consists of 50 multiple-choice questions (2 marks/each).

Assessment 3: Group assignment

Due: session 12
Weight: 10%
Length: not required
Students are to attend 3 sessions with an industry expert who shares practical knowledge about
systems and accounting in business. After these sessions, students need to practice on the ERP
system to complete the business process of a manufacturing company and write a report
(capturing screenshot results that students have worked on the system and explaining the process
step by step).
Students are divided into groups of 7-8 members. Each member will be in charge of one
department in the company and perform tasks in that department. All departments are linked, and
all group members work together in order to eventually complete the entire business process of
the company.
Marking criteria: The assessment includes the written report and results on the system with the
following requirements.

DEPARTMENT TASKS

R&D Department Create Products (Raw Material, Packaging Item and Finished Goods),
create BOM (Bill of material), Route and calculate the standard cost

Sales Department Create Sales Order, print and deliver picking list, print and issue sales
invoice

Planning Department Run Master Planning to create the planned purchase order and
planned production order

Purchasing Department Create Purchase Order, Confirm and send the purchase order to
vendor, check the product receipt

Warehouse & Inventory Product receipt, Packing slip and check Inventory balance
Department

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Production Department Release Production Order, Enter and post picking list, Enter and post
route card, record the report as finished of finished goods

Finance & Accounting Check vendor balance, check customer balance, close the production
Department order, check and explain the actual cost

Assessment 4: Group project

Due: Session 14
Weight: 20%
Submission: a report (up to 5,000 words, PDF format) and an excel file showing calculations,
submitted via ISB elearning.
Students are randomly allocated into groups of 5 and complete a project plan. The project report
gives details of an operational plan and a master budget for one year. Each member of the group is
required to take part in the presentation of the group project. At the end of the presentation, the
presenting group is asked questions by the lecturer and other groups.
The report must include (but not limited to) the following components:

Executive summary overview of the project and budgeting

Introduction description of the project, product, and operational

plan

Methodology and budgets presentation of budgeting process, methodology

used, and all monthly budgets for a period of one
year

Discussion of results discussion of financial projections, cash flow

management and break-even analysis

Marking criteria: The assessment includes written report (80%) and presentation (20%).

CRITERIA FAIL PASS CREDIT DISTINCTION

Executive There is no The executive The executive The executive

summary executive summary summary summary
summary or it includes an provides a provides a
fails to describe overview of the concise general concise general
an overview of project and description of description of
the project and budgeting. the project and the project and
budgeting. budgeting. budgeting.

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Introduction There is no clear There is a The project, The project,

description of description of product, and product, and
the project, the project, operational plan operational plan
product, and product, and is presented with is clearly and
operational plan. operational plan. moderate well presented,
information. showing a
thoughtful
project plan.

Methodology Unclear, There is a Cost estimation Clear and

and budgets incomplete description of is clearly comprehensive
description of cost estimation presented, description of
cost estimation and budget supported by cost estimation
and budgets. completion. references, and and budget
Results are budgets are well completion.
shown in excel prepared. Results are
file with some Results are accurately shown
mistakes. shown in excel in excel file.
file with minor
mistakes.

Discussion of There is a lack of The financial There is a clear A clear and

results discussion of projections and discussion of detailed
financial cash flow financial discussion of
projections, cash management are projections and financial
flow stated briefly. cash flow projections, cash
management management. flow
and break-even The break-even management
analysis. analysis is and break-even
further analysis.
performed and
discussed.

Assessment 5: Final exam

Due: TBA
Weight: 40%
Length: 120 minutes
The final exam covers all the materials. This is a closed-book exam, which will include multiple-
choice questions and essay questions.
Marking criteria: The exam consists of 20 multiple-choice questions (30 marks) and 2 essay
questions (70 marks).

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Teaching Activities

LEARNING RESOURCES
Textbook  Garrison, Noreen, Brewer, Cheng and Yuen (2015), Managerial Accounting: Asia
Global Edition, 2nd edition, Mc-Graw Hill (GNBCY)
Reference  Birt, Chalmers, Maloney, Brooks, and Oliver. (2017). Accounting: Business reporting
books for decision making, 6th edition, John Wiley & Sons.
 Braun and Tietz (2018), Managerial Accounting, 5th Edition, Pearson (BT).
 Mowen, Hansen, and Heitger (2015), Cornerstones of Managerial Accounting, 5th
edition, Cengage Learning.

ONLINE LEARNING RESOURCES

E-library https://smartlib.ueh.edu.vn/

E-learning http://e-learning.isb.edu.vn/

SCHEDULE OF ACTIVITIES

SESSION PROGRAM SCHEDULE LEARNING METHOD

- Lecture
Chapter 1: Managerial Accounting & Business
Session 1 - Accounting review
Environment
- Group formation
Chapter 2 and 3: Cost concepts & behaviors
- manufacturing vs. nonmanufacturing costs - Lecture
- product costs vs. period costs - In-class activities (group):
Session 2 submission on ISB elearning &
- variable costs vs. fixed costs, cost estimation
presentation
methods to separate mixed costs - Group project discussion
- opportunity cost, sunk cost
Chapter 4: Cost-Volume-Profit Analysis
- contribution margin - Lecture
- In-class activities (group):
- break-even point, sales required for a target
Session 3 submission on ISB elearning &
profit
presentation
- margin of safety and degree of operating - Group project discussion
leverage.
Chapter 5: Variable costing - Lecture
- absorption costing vs. variable costing method - In-class activities (group):
- preparing income statements using variable submission on ISB elearning &
Session 4
and absorption costing presentation
Chapter 7: Activity-based costing (ABC) - Flipped class
- preparing management reports with ABC

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Chapter 9: Process costing

- Flipped class
- recording the flow of costs
- In-class activities (group):
Session 5 - equivalent units of production
submission on ISB elearning &
- assigning costs to units (weighted average
presentation
method)
- Lecture
Chapter 10: Master budgeting
Session 6 - In-class activities
- budgeting process & profit planning
(individual): presentation
Mid-term Exam
- In-class activities
Session 7 Master budgeting (cont.)
(individual): presentation
Learning with Industry Expert:
Session 8
ERP application in Managerial Accounting
Chapter 11: Flexible budgets & Performance
analysis - Flipped class
- preparing a flexible budget - In-class activities (group):
- analyzing performance by flexible budget submission on ISB elearning &
Session 9
variances presentation
Chapter 12: Standard costs and variances - Lecture
- standard costs for DM, DL & overhead
- variance analysis & management by exception
- Lecture
Chapter 14: Differential Analysis
Session - In-class activities (group):
- relevant costs & benefits
10 submission on ISB elearning &
- differential analysis for decision making
presentation
Session Learning with Industry Expert:
11 ERP application in Managerial Accounting
Session Learning with Industry Expert:
12 ERP application in Managerial Accounting
Chapter 15: Capital Budgeting decisions - Lecture
Session - forecasting expected cash flows of a - In-class activities (group):
13 project submission on ISB elearning &
- making capital budgeting decisions presentation
Session
Group assignment presentation
14
Session
Review for final exam
15

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General Information & Policy

Referencing
Plagiarism
Student assignments are to contain original content created by the students. Assignments will be
rejected if they include plagiarized content or contain excessive amounts of quoted/cited material
and minimal original content. Students will receive a grade of ZERO (0%) for any assignments
rejected for this reason. Written assignments WILL BE checked by the lecturer with Turnitin.com,
an online plagiarism-checking tool.
Sources
Furthermore, your reference to support your statements must be from a reliable source, such as
textbooks, additional reading materials, and reference books. However, many websites are not
reliable sources. Examples are Wikipedia.org, about.com, and ask.com. If you are not sure if a
reference is acceptable or not, please contact the lecturer.
Referencing & Citation
The Publication Manual of the American Psychological Association (APA) 6th ed., will serve as the
primary reference materials for all students. Therefore, all papers must be submitted in APA
format. The mechanics of student papers and work will be evaluated, as well as the content.

Submission
Assignment cover sheet
 All assignments are required to be submitted with an Assignment Cover Sheet.
 Group assignments are to be submitted with a Group Assignment Cover Sheet as well as a
Peer Evaluation Form depending on the request of unit instructor.
Non-contributing team members can sometimes be an issue with group-work structured
assessment. Individual student group work scores may be adjusted as a result of peer
dissatisfaction with a particular student’s contribution to group work assignments, as reflected in
submissions of the evaluation form.
Note:
 Assignment cover sheets and the evaluation form can be located on MyISB system
 Students are advised to keep a copy of all assignments submitted for marking.

Submission style
Assignments are expected to achieve a professional standard:
 Be typed, one and a half spaced, on A4 paper
 Use a simple clear format, suitable for a report to senior management in a commercial
organization.

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Submission method
Soft copy: submitted electronically via E-learning system by 11:55 PM on the due date (Suggested
title: Student name_Unitname_Name of Assignment).
Hard copy: submitted to ISB Submission Box at the Reception Area (17 Pham Ngoc Thach) by the
due date.

Late assignment and make-up policy

No late assignments will be accepted unless prior authorization granted by the Academic
Department based on a Special Consideration Application for assessment task extension.
Students must complete all assessments on the assigned dates including quizzes, mid-term test,
and final exam. If there are extenuating or unforeseen circumstances, students must follow the
school’s policies and procedures accordingly.

Attendance
Students are required to attend a minimum of 80% of all classes (which normally 12/15 sessions).
Other cases equating to an absence:
 Arriving to class late by 15 minutes at the beginning,
 Arriving late by 5 minutes after the break
 Leaving prior to the scheduled end time without the permission of the lecturer
If you are unable to attend any session, please let your lecturer know AND submit a request for
absence form to program administrator prior to the session.

 IMPORTANT: Students will not be allowed to sit in the final examination if violating the above
absence rule.

Electronic device use

 Cell phones will be turned off or switched to vibrate mode before class starts.
 No phone calls or text messaging are allowed inside classroom during class time.
 Portable listening and/or music devices may not be operated in the classroom.
 Headphones and/or earbuds of any type may not be worn while in the classroom whether
operating or not.
 Laptop and other electronic devices are not permitted unless specifically authorized by the
lecturer exclusively for note-taking and doing classwork.

 IMPORTANT: If you are in violation of these policies you will be excused from class and an
absence will be assessed.

Email etiquette

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Your lecturers receive many emails each day. In order to enable them to respond to your emails
appropriately and in a timely fashion, students are asked to follow basic requirements of
professional communication.
Your emails should:
 Have a concise and descriptive title, including the class and name of the unit you are
enquiring about
 Be clear about the intention of their emails
 Use appropriate tone and language, proof-read what is written in the email before sending
it.
Students should also allow 3-4 working days for a response before following up. If the matter is
legitimately urgent, you may indicate “URGENT” in the email subject header.
Make an appointment: If your email request is complex and requires a lengthy response it may be
probably best to make an appointment with your lecturer/instructor to meet in person.

Student behavior guidelines

Everyone must behave professionally. Students are expected to demonstrate respect for teacher
and fellow students at all times. Behavior that is disruptive to a positive learning environment
reported to the teacher will result in a warning on the first instance; the second instance might
result in a failing grade along with expulsion from the school.
Unacceptable behaviors can be:
 Cheating on an exam
 Collaborating with others on work to be presented, if contrary to the stated rules of the
course
 Submitting, if contrary to the rules of the course, work previously submitted in another
course
 Knowingly and intentionally assisting another student in any of the above actions, including
assistance in an arrangement whereby work, classroom performance, examination, or
other activity is submitted or performed by a person other than the student under whose
name the work is submitted or performed
 Plagiarising

 IMPORTANT:
 The first violation will result in a grade ZERO (0%) for that assignment.
 The second violation will result in a failing course grade.

Disability support services

Students with disabilities are advised that accommodations and services are available at UEH-ISB. It
is the student's responsibility to contact UEH-ISB office and submit appropriate documentation
prior to receiving such services.

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Additional information
This unit guide may be revised at the discretion of the Academic Department with approval from
Program Academic Director and School Academic Committee where appropriate.

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