2

Admas
University
Faculty of
Business
Course Outline
Course Title: Cost and Management Accounting II

Course Code: AcFn 2042

Credit Hours 3

Prerequisite: AcFn 2041

Academic Year:

Instructor Name

Course Instructor:

Course Description
The course is designed to equip students with all understanding of basic principles of decision
making, planning and control and an opportunity to apply these principles and procedures in
preparing repots economic performance report, control, and information report to management.

Course Objectives
After completing this course students are expected to:

· obtain knowledge of how accounting data can be applied by management of a business

or a not-for –profit organization.
· apply cost data in decision making process
· master the basic skills in the use of cost data for product costing, preparation of
financial statements and CVP analysis.
· perform CVP analysis
 · master the basic skills in the use of financial data for budgetary process, performance
evaluation and decision-making.

Course Contents
Chapte Top Time
r ic
1 Introduction to Managerial Accounting 4 hrs

1.1. Application of Managerial Accounting

1.2. The Management Process and Accounting
1.3. Financial and Managerial Accounting
2 Cost Volume Profit Analysis 10hrs

2.1. Cost Behavior & Patterns

2.2. Importance of CVP Analysis
2.3. Multiple Products & CVP Analysis
2.4. Impact of Taxes on CVP Analysis
2.5. CVP Analysis & NFP Application
3 Decision Making & Relevant Information 12hrs

3.1. The Role of Accounting in Special Decisions

3.2. The Meaning of Relevance
3.3. The role of costing in special Decisions
4 The Master Budget (Overall Plan) 10hrs

4.1. The Fundamentals of Budgets

4.2. Reasons for Budgeting
4.3. Purposes of Budgeting
4.4. Type of Budgets
4.5. Developing the Master Budget
4.6. Responsibility Accounting
5 Flexible Budgets and Standards 6hrs

5.1 Static vs. Flexible budgets

5.2 Standards for material and labor
5.3 Controllability and variance analysis
5.3.1 Direct material
5.3.2 Direct labor
5.3.3 Overheads
6 Measuring Mix and Yield Variances 6hrs

6.1 Sales variances

6.1.1 Sales volume variance
6.1.2 Sales Mix Variance
6.1.3 Market-size and market-share variance.
6.2 Input variances
6.2.1 Direct materials Mix and Yield Variances
 6.2.2 Direct Labor Mix and Yield variances
6.3 Productivity Measurement
Teaching & Learning Methods
· Lectures
· Group Discussion
· Question & Answers
· Presentations
· Debates & Discussion
· Problem based learning
Assessment Methods
Grand
FAT SAT
Total
Formative Assessment 50% 50%
100%
or

Individual presentation of

class participation 10 %
the group work 10 %

FA
Individual

1
group work 10 %

Quiz (at
FA 2

FA 3

FA 4

least two)
20 % FA1
FA1
Practical

A B

Key:
· FA: Formative Assessment
· FAT: Formative Assessment Total
· SAT: Summative Assessment Total

Text Book
§ Horngren, Datar and Rajan (2015) Cost Accounting: A Managerial Emphasis. 15th ed
Pearson. Boston

References
§ Barfield, Raiborn & Kinney (2002). Cost Accounting Traditions & Innovations
§ Charles, T. Horngren. (2002 )Introduction to Management Accounting. 12th ed.
Prentice-Hall, Inc. New Jersey,
§ Crosson and Needles. (2011). Managerial Accounting.9th ed South-Western, Cengage
Learning Ohio
§ Duncan Williamson (1996) Cost and Management Accounting Prentice Hall New Delhi

§ Edward J. Vanderbeck(2010 ) Principles of Cost Accounting 15th Ed. South Western

Ohio
§ Garrison, Noreen and Brewer. (2012)Managerial Accounting. 14th ed McGraw-Hill New
York
§ Garrison and Norren (2003) Managerial Accounting 10th ed McGraw Hill New York
John Wiley & Sons

§ Horngren, Datar & Rajan (2011) Cost Accounting - A Managerial Emphasis 14th Ed
Prentice Hall. New York
§ Horngren, Foster and Datar(2000). Cost Accounting –A Managerial Emphasis 10th ed
Prentice Hall,Inc., New Jersey
§ M N Arora A Text Book of Cost Accountancy 7th Revised and Enlarged Edition Vikas
Publishing 2003 New Delhi

§ Warren, Reeve, Duchac. (2016)Financial and Managerial Accounting.13th edition

Cengage Learning. Boston

§ Warren, Reeve, Duchac. (2014)Financial and Managerial Accounting.12th edition

Cengage Learning. Boston
§ Weygandt , Kimmel , and Kieso (2012)Managerial Accounting: Tools for Business
Decisions.6th ed John Wiley & Sons, Inc. New Jersey
§ Ronald W.Hilton(1999). Managerial Accounting. 4th ed McGraw Hill New York
 Admas University
Faculty of Business
Department of Accounting and Finance
Course Outline

Course Title: Investment Analysis and Portfolio Management

Course Code: AcFn 3082

Credit Hours: 2

Prerequisite: AcFn 2051

Academic Year:

Instructor Name:

Course Coordinator:

Course Description

This course provides an overview of the field of investment .it explains basic concepts and
methods useful in investment. The course also tries to imitate the valuation of bond and stocks. It
also covers fundamental and technical analysis as well as portfolio construction and portfolio
managements.

Course Objectives
The course will enable students to

§ understand different investment avenues

§ aware of the risk return of different investment alternatives and
§ estimate the value of securities so as to make valuable investment decisions.
Course Contents
Chapte Top Tim
r ic e
1 INTRODUCTION TO INVESTMENT Allotte
4 hrs
1.1. What is investment
1.2. Investment alternatives
1.3. Investment companies
 1.4. Security market
2 RISK AND RETURN 4 hrs
2.1 Return
2.2 Risk
2.3 Measuring historical risk
2.4 Measuring historical return
2.5 Measuring expected risk and return
3 FIXED INCOME SECURITIES 6 hrs
3.1 Bond characteristic
3.2 Bond price
3.3 Bond yield
3.4 Risks in bond
3.5 Rating of bonds
3.6 Analysis of convertible bonds
4 STOCK AND EQUITY VALUATION 6hrs
4.1 Stock characteristic
4.2 Balance sheet valuation
4.3 Dividend discount model
4.4 Free cash flow model
4.5 Earning multiplier approach
5 SECURITY ANALYSIS 4hrs
5.1 Macro-economic analysis
5.2 Industry analysis
5.3 Company analysis
5.4 Technical analysis
6 PORTFOLIO THEORY 4hrs
6.1 Diversification and portfolio risk
6.2 Portfolio risk and return
6.3 Capital allocation between risky and risk free assets
6.4 Optimum risky portfolio
7 PORTFOLIO MANAGEMENT 4hrs
7.1 Portfolio performance evaluation
7.2 The process of portfolio management
7.3 Risk management and hedging
7.4 Active portfolio management
7.5 International portfolio management

Teaching & Learning Methods

§ L
ecture
§ Question and answer
§ group discussion
 § problem solving
§ case study
Assessment
Methods
Grand
FAT SA
Total
Formative Assessment 50% T
100%
50
Practical Individual %

class participation 10
or group work 10 %

presentation of the
group work 10 %
FA
1 Individual
FA 2

FA 3

FA 4
Quiz (at

%
least two)
20A% FA1 B
FA1

Key:
· FA: Formative Assessment
· FAT: Formative Assessment Total
· SAT: Summative Assessment Total

Text Book
§ Chandra, P. Investments Analysis Portfolio Management. 3rd
Reference
§ Avadhani,V.A Security Analysis and Portfolio Management. 9th
§ Bodie, Kane & Marcus. Investments. 4th
§ Elton, E.J.& Guruber,M.J.. Modern f Theory and Investment Analysis.