Dow University of Health Sciences: Course Overview
Dow University of Health Sciences: Course Overview
Dow University of Health Sciences: Course Overview
Course Overview
1 Title of Course Accounting for Decision Making
Course Details
A Introduction
This course builds on the foundation provided in the Financial Accounting and
information system, and concentrates on how to use the financial information to make
decision making in an organization. The course focuses on the cost and managerial
accounting functions in an organization that use accounting information for internal
consumption. This course is in contrast to financial accounting that aims for external use
of information. This course also examines the use of management accounting
information for planning, control and performance evaluation purposes.
B Course Objectives
After completing the course, a student should be able to:
1. Demonstrate the cost accounting fundamentals in terms of defining the cost terms
and explaining the purpose ( PLO 1,4 & 5) (Bloom’s level 2)
2. Allocate costs to different cost objects and use different methods for the purpose
( PLO 1& 2) (Bloom’s level 2)
3. Apply accounting information for planning and controlling through the use of fixed and
flexible budgeting, variance analysis and its use for management control decision
making( PLO 3) (Bloom’s level 3)
4. Evaluate basic management control systems including responsibility centers,
performance evaluation tools and transfer pricing.( PLO 1,2 & 3) (Bloom’s level 5)
Sessions
Week Textbook Location Topics
Chapter Date
Managerial Accounting and Business
Environment:
Chap 1,
1 Garrison 3-3-21 On Campus The need for managerial accounting;
9 MID TERM
Chap 8,
Garrison Profit Planning:
14- 2-6-21 On Campus
15 9-6-21
Chap 10,
Garrison Standard Costs:
On Campus
16 16-6-21
Reference Book
Managerial Accounting: Tools for Business Decision Making, 8th Edition Jerry J. Weygandt,
Paul D. Kimmel, Donald E. Kieso
Articles:
Topor, Dan & Dorin, Ioana & Putan, Alina. (2011). THE ROLE OF COST INFORMATION
IN DECISION-MAKING. CASE STUDY. Annales Universitatis Apulensis Series
Oeconomica. 2. 15-15.
https://www.scribd.com/document/13283566/Management-Accounting-Research-18-
2007-125-149
F Course Assignments
Assignments Chapters Due Date
G Assessment/Grading Policy
Grading Weightage
Quizzes, Assignment & Report 35%
Mid-term Exam 25%
Final Exam 40%
Total Weightage 100 %
H Learning Resources
1. Power Points slides will be uploaded on the DOES for the students after conducting
the Online Class.
2. Recorded lectures will be available for the students for the Revision or review any of
the slides in off timings.
3. Solved Problems of class and Case Studies will be available for the students for better
understanding of questions in off timings.
4. Reading Books as mentioned above will be uploaded on the DOES for the student’s
enhancement of knowledge.
5. Relevant research papers will also be uploaded for deep understanding of the course.
6. Videos: https://study.com/academy/topic/cost-accounting-for-decision-making.html
I Course Evaluation
Course evaluation will be conducted online by QEC.