aWeek_1 - ADMS2510 Week 1 Welcome Gary Spraakman For...

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ADMS2510 – Week 1 Welcome Gary Spraakman
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For tonight: 1. Review course outline 2. Discuss learning outcomes 3. Code of conduct 4. Use of moodle 5. Lecture on chapters 1 and 2 6. 1ET1, 2P3, 2P7, 2P11
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Bloom’s educational objectives 1. Knowledge 2. Comprehension 3. Application 4. Analysis 5. Synthesis 6. Evaluation
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Overview to lectures The lectures will deal with fundamental aspects of the chapter and some ethical questions, exercises, problems, and/or cases Not summaries You will need to read the chapters as you will be tested on them.
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Chapter 1 – The Strategic Context Management accounting: The gathering and application of information used to plan, make decisions, evaluate performance, and control an organization.
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Characteristics of management accounting Internal activities, components Often forecasts, but always timely Quantitative and/or qualitative Monetary and/or non-monetary Formal and/or informal
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Strategy A long-term dynamic plan that fulfills
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