CACC 406: INTRODUCTORY MANAGEMENT ACCOUNTING

WINTER --2015
COURSE OUTLINE

PREREQUISITE: ACC100 or CACC110; ANTIREQUISITE: ACC 410

COURSE REPEATS:
Academic Council GPA policy prevents students from taking a course more than three times. See
Policy #46 at http://www.ryerson.ca/acadcouncil/policies.html.
INSTRUCTOR INFORMATION:
INSTRUCTOR:
PHONE:
E-MAIL:

Vince Cappelli
905-628-0487
vcappell@ryerson.ca

Classes: Monday January 12, 2015 to Monday April 13, 2015.

Method of Posting Grades:

All final grades will be available on the web at my.ryerson.ca (RAMSS) at the end of each term,
approximately 10 days after the date of the final examination. Grades will not be faxed.

CALENDAR COURSE DESCRIPTION:

Designed for non-accounting majors, this course introduces the basic management accounting
concepts to business students. Topics covered provide a good balance between the concepts and
procedures used in the accumulation and use of data by management accountants to facilitate
planning and decision-making. Cost behaviour and its implications for planning, reporting to
management and control is stressed.

THE G. RAYMOND CHANG SCHOOL OF CONTINUING EDUCATION

OFFICE: 279 VICTORIA STREET, TORONTO, ON M5B 1W1
FAX: 416-979-5277 E-mail: ce@ryerson.ca www.ryerson.ca/ce

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COURSE OVERVIEW:
Management Accounting is considered as that part of Accounting, which defines, identifies,
measures, reports, and analyses costs associated with manufacturing and/or providing a good or
service. In this course we will see how Managerial Accounting provides information for management
planning and control activities, and how it is related to other departments in the organization.
Managerial Accounting, historically, has played a secondary role to Financial Accounting and in many
organizations it still is a by-product of the financial reporting process. However, events of the last few
decades have spurred the development of Managerial Accounting and it is becoming widely
recognized as a field of expertise separate from Financial Accounting. Globalization, increased
business competition, a severe price squeeze and rapidly developing technology have intensified the
manager's need for information beyond that contained in the traditional income statement and
balance sheet.
The essential task of management is planning and control. This course will acquaint the student with
some basic planning such as budgeting and control techniques. A special emphasis will be given on
determining the costs to be used in the budgetary process. Control is the process of comparing
actual performance to plan, and then analyzing the causes of difference; we will also discuss the
importance of management information systems, which enable management to gain the necessary
information for planning and control.

REQUIRED TEXT:
Mowen, Hansen, Heitger, McConomy, Pittman (2015) Cornerstones of Managerial Accounting,
Second Canadian Edition, Nelson Education Limited..
COURSE OBJECTIVES:
Upon completion of the course, students will be able to:
1.
Understand and appreciate the traditional, conceptual and practical material of Managerial
Accounting.
2.
Apply Managerial Accounting Principles, to business and other organizational units.
3.

Resolve a wide range of cases and problems of Management Accounting and apply learned
techniques and concepts to new situations.

EVALUATION:
The grade for this course is composed of the mark received for each of the following components:

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Method
Test 1
Test 2
Exam
TOTAL

Percent/Weight
25%
25%
50%
100%

Please note that for all Ryerson Accounting courses including this one, the student must pass
the final exam in order to pass the course. It is conceivable that a student entering the final
with a good mark may not pass the course if he/she fails the final exam. Therefore, a student
should try to perform consistently well throughout the course.
Students will receive the results of their first test by the end of the 6th class.
The first 2-hour closed-book test will be held in class on Monday February 9, 2015. The second 2hour closed-book test will be held in class on Monday March 16, 2015. A mark of zero will be awarded
for missing a test, unless a medical document (using the Ryerson form) is received by the instructor
within three days of the test. In such case, the weight for the test can be relocated to another test and
the final examination.
The 150-minute closed-book final examination on Monday April 13, 2015 will be cumulative and
comprehensive (to cover all chapters and class material). A mark of zero will be awarded for missing
an exam, unless a medical document (using the Ryerson form) is received by the instructor within
three days of the exam.
TEACHING METHODS:
This course will incorporate the following teaching/learning methods: A combination of lectures, class
discussion, and problem solving. Students who miss classes are responsible for material covered
including handouts. Handouts are distributed in class only.
POLICIES & COURSE PRACTICES:
Course Management
The Ryerson Accounting Department has adopted a policy whereby students are required to use
one of the pre-approved calculators for test/exam writing purposes. The pre-approved calculators
are Royal XE24, Royal XE36, Royal XE48, Casio MX120S, Casio fx-991ms or es, Casio fx95ms or es, Casio fx-300ms or es, & Texas Instruments BA11 PLUS or PROFESSIONAL
and are available at the Ryerson bookstore at reasonable prices. The use of any other calculator
is not permitted.

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If absent, students are still accountable for all material, changes and announcements made during
class. Handouts are made available only to students attending the class where such material was
distributed.
Every effort will be made to manage the course as outlined. However, adjustments may be
necessary for various reasons at the discretion of the instructor. For example, the schedule of
course content is intended to be a flexible schedule, with adjustments made as required for class
progression.
Letter grades follow the scale in the Ryerson University Calendar. Marks are not negotiable. The
instructor is willing to spend time with students to discuss where students went wrong on their
tests or examination. However, the instructor will not discuss changing grades. The only exception
to this is if there is an obvious error such as an addition mistake or the omission of material that
should have been graded but was not.
Students are responsible for all material in the outlined textbook chapters whether covered in
class or not, unless specifically excluded. Students are also responsible for all material covered in
class (even they may not be in the textbook).

Academic Integrity
Students are required to adhere to all relevant University policies, such as the Student Code of
Academic Conduct. University regulations concerning unacceptable academic conduct (cheating,
plagiarism, impersonation, etc.) will be followed.
See the Ryerson University calendar or online versions at:
http://www.ryerson.ca/acadcouncil/current/pol60.pdf and
http://www.ryerson.ca/acadcouncil/current/pol61.pdf and
http://www.ryerson.ca/acadcouncil/studentrights.pdf for more explanation.
Plagiarism is a serious academic offence and penalties range from zero in an assignment all the
way to expulsion from the university. In any academic exercise, plagiarism occurs when one
offers as ones own work the words, data, ideas, arguments, calculations, designs or productions
of another without appropriate attribution or when one allows ones work to be copied. (See the
Ryerson Library for APA style guide references: http://www.ryerson.ca/library/ref/style.html)
It is assumed that all examinations and work submitted for evaluation and course credit will be the
product of individual effort, except in the case of team projects arranged for and approved by the
course instructor. Submitting the same work to more than one course, without instructors
approval, is also considered plagiarism.
Students who have committed academic misconduct for the first time will, at a minimum receive a
0 on the work, and an instructor may assign an F in the course. The Academic Integrity
Seminar will also be assigned and students will have the notation Disciplinary Notice (DN)
placed on their academic record and official transcript. The notation shall remain until the
students graduate, or for eight (8) years, whichever comes first.

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Students who commit academic misconduct a second time shall be placed on Disciplinary
Suspension (DS) for up to two years, at which time they may apply for reinstatement to a program.
The designation DS shall be placed on their permanent academic record and official transcript.
The notation shall remain until students graduate, or for eight (8) years, whichever comes first.
Disciplinary Withdrawn standing (DW) shall be permanently noted on students academic
records and official transcripts.
Expulsions shall be permanently noted on students academic records and official transcripts.
NOTE: Students may not drop a course when they have been notified of the suspicion of
academic misconduct. If a student attempts to drop the course, the Registrars office will reregister the student in that course until a decision is reached.
When an instructor has reason to suspect that an individual piece of work has been plagiarized,
the instructor shall be permitted to submit that work to any plagiarism detection service.
CHEATING ON AN EXAM OR TEST: Ryersons Examination Policy requires that all students
have a valid student identification card or other photo identification on their desk at all times when
taking an examination. If it is suspected that someone is impersonating a student, the photo
identification of that person will be checked, and the person will be asked to sign the exam paper
for further verification. If it is suspected that the identification is not valid, students may be asked
to provide alternate photo identification. Security may be called, if circumstances warrant.

E-Mail Accounts
Students are required to activate and maintain a Ryerson Matrix e-mail account. This shall be the
official means by which you will receive university communications.
See
www.ryerson.ca/acadcouncil/current/pol157.pdf
Accommodation of Students with Disabilities
In order to facilitate the academic success and access of students with disabilities, these students
should register with the Access Centre http://www.ryerson.ca/accesscentre/index.html They
should also inform their instructor through an Accommodation Form for Professors that they are
registered with the Access Centre and what accommodations are required.
Student Responsibilities in Academic Appeals
Students should read the Undergraduate Academic Consideration and Appeals policy at
(www.ryerson.ca/acadcouncil/current/pol134.pdf)
Standard for Written Work
Students are expected to use an acceptable standard of business communication for all
assignments.
You are encouraged to obtain assistance from the Writing Centre
(http://www.ryerson.ca/writing-centre) for help with your written communications as needed. (See
the Ryerson Library for APA style guide references: http://www.ryerson.ca/library/ref/style.html)
Missed Test/Exam

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A doctors certificate is required to substantiate illness and should be submitted within 3 working
days of a missed test/exam. See http://www.ryerson.ca/rr/medical.pdf for the required certificate.
If you are missing a test/exam, you must inform your instructor by email prior to the test/exam.
The instructor will determine if a student is eligible for an Incomplete (INC) grade.
Religious Observance requests are to be made formally within the first two weeks of class (see
www.ryerson.ca/acadcouncil/current/pol150.pdf)

Maintaining a Professional Learning Environment

Laptop computers, (cell phones should be turned OFF during class), or other devices should
not be used for non-classroom activities as they are distracting to other students, speakers and
your instructor. Students not complying will be asked to leave the class.
Academic Grading Policy
Evaluation of student performance will follow established academic grading policy outlined in the
Ryerson GPA Policy http://www.ryerson.ca/acadcouncil/current/pol46.pdf
Definition

Excellent

Good

Satisfactory

Letter Grade

Grade Point

Conversion Range

A+

4.33

90-100

4.00

85-89

A-

3.67

80-84

B+

3.33

77-79

3.00

73-76

B-

2.67

70-72

C+

2.33

67-69

2.00

63-66

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Marginal

Unsatisfactory

C-

1.67

60-62

D+

1.33

57-59

1.00

53-56

D-

0.67

50-52

0.00

0-49

A final word:
Remember: I am your coach---not your opponent.
Good luck, and please feel free to ask questions at any time.