MANAGERIAL ACCOUNTING SYLLABUS FOR PRELIMS ONLY

MANAGERIAL ACCOUNTING SYLLABUS FOR PRELIMS ONLY - •...

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MANAGERIAL ACCOUNTING SYLLABUS FOR PRELIMS ONLY Week Learning Objectives Focal Points 1 1. Understand the relevance of this subject in their profession; 2. To know the requirements for completing this course; 3. Articulated his/her own expectations from this course; Administrative matters and over view of the syllabus 2 Define the nature, function and relevance of Managerial Accounting in the Management Process; Discuss the impact of Managerial Accounting in the Management Process Understand the ethical responsibilities of a managerial accountant. Nature and function of managerial accounting Difference between cost accounting, financial accounting and managerial accounting Professional ethics 3 Distinguish between variable, fixed and mixed costs; Estimate the variable and fixed component of a mixed costs using high and low points method; Estimate the variable and fixed component of a mixed costs using Scatter graph method;
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Unformatted text preview: • Estimate the variable and fixed component of a mixed costs using regression analysis; • Understand the differences between the various methods of cost estimation. • High and low points method • Scatter graph method • Linear regression analysis 4 1. Compute breakeven point in units and in pesos; 2. Compute sales in units and in peso assuming varying desired profitability; 1. Breakeven point analysis 2. Sales in peso and in units in terms of 3. Describe breakeven point and address how change in the following items impacts breakeven: a. Increase/decrease in variable cost per unit b. Increase/ decrease in fixed costs c. Change in unit selling price; 4. Understand the shortcoming and pitfalls of breakeven analysis desired profitability expressed in: a. Peso, before income taxes b. Peso after income taxes c. Percentage of sales...
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