MASTER SYLLABUS

Course Number & title:         Cost Management - 302

Department(s):                       Accounting/MIS

Credit hours:                          3 Semester Hours

Prerequisites:                         BUS 301

Fees and charges:                  None
 

Effective catalog date for this master syllabus:       2006-2007

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1.         Catalog description:

An in-depth study of selected cost and management accounting topics, including current issues in cost management.

2.         Course content:

            1.         Cost terminology and cost behavior

            2.         Predetermined overhead rates, flexible budgets, and absorption variable costing

            3.         Job order costing

            4.         Activity-based management and activity-based costing

            5.         Process costing

            6.         Allocation of joint costs and accounting for by-products

            7.         Service department cost allocations

            8.         Managing costs and uncertainty

            9.         Implementing quality concepts

            10.       Inventory and production management

            11.       Emerging management practices

3.         Student learning objectives:

A.  Specialized Body of Knowledge:  Students will learn the specialized body of knowledge relating to the course content above.
B.  Managerial Thinking Skills:  Students will be required to think logically and top apply accounting and business concepts to quantitative problems and conceptual issues.
C.   Communication Skills:  Students will be required to apply business communication skills to accounting data.  Both quantitative, numerical communication and written, verbal communication will be required.
D.  Time Management:  Students will be required to adhere to schedules and deadlines.
E.   Accountability:  Students are expected to attend all classes and prepare all assignments on time.  Responsibility for all course material belongs to the student.

4.         Student assessment criteria:

Assessment will include tests, quizzes, homework, class grade, communication assignments, and competency assessment.

5.         Additional information (optional):
             Cost Accounting:  Foundations and Evolutions, by Kinney/Prather-Kinsey/Raiborn, 6th Edition, 2006.

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