Lecture One: Introduction of Managerial AccountingBrief introduction of Managerial Accounting and its application to business. Brief financial accounting review. Requirements: Students need to preview relevant chapters in the textbook and work on post-chapter exercisesLecture Two Job CostingCosting methods in a job-manufacturing environment. Absorption costing flow. Requirements: Students need to preview relevant chapters in the textbook and work on post-chapter exercises. Lecture Three Process CostingCosting methods in a process-manufacturing environment. Assigning of costs to units completed and remaining in the GF inventoryRequirements: Students need to preview relevant chapters in the textbook and work on post-chapter exercises.Lecture Four Cost, Volume and Profit AnalysisTypical analysis used to measure how much quantity should be produced in order to achieve break-even or certain profit level. Requirements: Students need to preview relevant chapters in the textbook and work on post-chapter exercises, as well as prepare a case analysis for next day's lecture. Lecture Five Case Preparation and Mid-Term ReviewCase presentation by teams and mid-term review. Requirements: Students need to prepare for a PowerPoint presentation and work on past exercise and exam questions. Lecture Six Budget PreparationBudget preparation in a manufacturing environment including operational budget and financial budget. Requirements: Students need to preview relevant chapters in the textbook and work on post-chapter exercises as well as prepare a case analysis for next day's lectureLecture Seven Standard CostingVariance analysis between Budget, Standard and Budgeted Costs. Requirements: Students need to preview relevant chapters in the textbook and work on post-chapter exercises.Lecture Eight Activity Based CostingA more precise way of costing by breaking down fixed costs into various activities. Requirements: Students need to preview relevant chapters in the textbook and work on post-chapter exercises.Lecture Nine Capital BudgetingCriteria to decide whether an investment is worthwhile using different methods such as NPV, IRR, Pay Back Period and so forth. Requirements: Students need to preview relevant chapters in the textbook and work on post-chapter exercises, as well as prepare a case analysis for next day's lectureLecture Ten Case Preparation and Final ReviewCase presentation by team and final review. Requirements: Students need to prepare for a PowerPoint presentation and work on past exercise and exam questions.

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Course activities are weighted in the following way: Your grade will consist of four components as follows:Classroom participation: 15%Case analysis and presentation: 15%Final exam: 70%

• Textbook Name: Financial and Managerial Accounting 5th editionAuthor: Charles T. Horngren; Walter T Harrison Jr. Linda Smith BamberPublishing House: Prentice HallOther readingsSelected Case StudiesBalance Scorecard: Robert S. Kaplan David P. Norton