AccFM 481 Course Outline (4)

AccFM 481 Course Outline (4) - School of Accounting and...

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2/28/12 School of Accounting and Finance The University of Waterloo Cost Management Systems AFM 481 Winter, 2012 Course Outline About this Course Outline You should read and understand this course outline since it is a contract between you and the instructor of the course. To ensure equity for all students the course requirements and grading approaches described in this course outline will not be changed for any individual student except for the specific special circumstances identified below. Course Instructor Grant Russell Office Location: HH 3166 ` Telephone: 591-888-4567 extension 36516 Email: [email protected] Office Hours: Wednesday 10:00 – 12:00 am, other times by appointment, Email anytime Calendar Course Description: AFM 481 continues the undergraduate management accounting sequence begun in AFM 102. In this course, we will be concentrating on more advanced management accounting topics relating to planning, evaluation and control. Emphasis is on cost accumulation systems, performance evaluation, control models and case analysis of situations involving complex management accounting systems. Course Goals: Programs delivered by the School of Accounting and Finance (SAF) are designed to provide students with the competencies, professionalism and practical experience that they need to excel in their chosen careers. With this in mind, SAF programs (and courses within the programs) are created to deliver the knowledge, skills and competencies identified in the School Learning Model illustrated below:
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AFM 481 – Cost Management Systems Winter, 2012- Page 2 of 11 This course will cover knowledge and skills from the following categories: 1. Functional Competencies: technical knowledge in the area of product costing, and management decision making using relevant costing. This will require you to have a good understanding of cost behaviour, and then use your knowledge of cost behaviour to determine whether various cost allocation techniques make sense in various environmental situations. 2. Thinking & Problem Solving Skills: The course consists largely of problems and small cases, and development of critical thinking in terms of looking for viable solutions and assessment of alternatives is constantly practiced during the course. 3. Communication Skills: Where possible, we will be asking teams to present their work in either a written or oral presentation. 4. Ethical Conduct: Many of the problems and short cases have opportunities to investigate the ambiguities, dilemmas, and value judgements that management accountants and management decision makers have to face. Where possible, these will be discussed as an important part of the solution. 5. Leadership and Collaboration: You will have the opportunity to work in groups on some problems, and to be evaluated on the basis of your group work.
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AFM 481 – Cost Management Systems Winter, 2012- Page 3 of 11 6. Learning How to Learn: This course is an advanced course in management accounting and draws on a number of previous courses for tools and techniques. First of all, it does
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AccFM 481 Course Outline (4) - School of Accounting and...

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