CVSU Mission Republic of the Philippines UNIVERSITY MISSION

Cavite State University Cavite State University “Cavite State University shall
shall provide excellent, provide excellent, equitable and
(CvSU)
equitable, and relevant relevant educational
educational opportunities Don Severino de las Alas Campus opportunities in the arts, science
in the arts, sciences and Indang, Cavite and technology through quality
technology through (046) 415-0013/ (046) 415-0012 instruction and responsive
quality instruction and E-mail: cvsu@asia.com research and development
responsive research and activities. It shall produce
development activities. professional, skilled and morally
It shall produce upright individuals for global
professional, skilled and competitiveness”
morally upright
individuals for global
competitiveness. COLLEGE OF ECONOMICS, MANAGEMENT AND DEVELOPMENT STUDIES

DEPARTMENT OF ACCOUNTANCY

COURSE SYLLABUS
First Semester, School Year 2019-2020

Office Location: CEMDS

Office Phone Number: (046) 415-0013

Consultation Hours: Thursday 10:00 am – 12::00 am

Course Number/ Code : ACTG 24

Course Title : Managerial Accounting
Course Description : This course is designed to acquaint the students
with the role of accountant in the management team by
providing and assisting in the analysis, interpretation
and forecasting of business organizations.

Credit Unit : 3 units

Credit Hours
Lecture : 3hours/week
Prerequisite : Actg 23
Course Objectives : At the end of the course with 70% proficiency,
the Students are expected to:

1. Know the foundation of management

accounting, its expanding role, and
organizational structure.
2. Use management accounting principles to
decision making in economic entities of all
types, and
3. Recognize that people, not entities, make
decisions and are responsible for the result of
those decision.
Core Values : Students are expected and live by and stand for the
following Unversities tenets.

TRUTH is demonstrated by the student’s objectively and honesty during

examinations, class activities and in the development of projects.

EXCELLENCE is exhibited by the student’s self-confidence, punctuality,

diligence and commitment in the assigned tasks, class performance and other
course requirements.

SERVICE is manifested by the students’ respect, rapport, fairness and cooperation

in dealing with their peers and members of the community.

In addition, they should be exhibited by love and respect for the nature and
support for the cause of humanity.

Course Content : Course Calendar

OVERVIEW OF THE COURSE No. of hours

1. Overview of MS practice & Managerial Accounting

1.1 Nature, scope and evolution of management services
Areas of Management Services
1.2 Managerial Accounting Management accounting vs.
Management consulting Organizational aspect:
Controllership function vs. treasury function
1.3 Organization of an MS practice and stages
of an MS engagement
1.4 MS practice standards
1.5 Ethical Considerations in an MS practice
1.6 Objectives of managerial accounting Manager’s
need for information
1.7 Comparison with financial accounting
1.8 Uses of accounting data in planning and control

2. Cost: Concepts, Estimation & behavior Analysis

2.1 Cost term, Cost classification and costing systems
design Just-In-Time (JIT) system
2.2 Cost Determination & reporting methods
2.3 Cost accounting approaches, systems &
procedures Cost estimation
2.4 Approaches to cost estimation
2.5 Industrial engineering method
2.6 Conference method
2.7 Accounting analysis Quantitative analysis
2.8 Cost behavior analysis
2.9 High-low point method
2.10 Scattergraph method
2.11 Regression least squares method
2.12 Correlation analysis
2.13 Activity-based costing
2.14 ABC vs. traditional costing

3. Cost-Volume-Profit Relationship & Breakeven Analysis

3.1 Definition, nature and scope
3.2 Break-even chart
3.3 Basic assumptions underlying breakeven analysis
 3.4 Variable cost and contribution margin
3.5 effects and changes in fixed cost and other
variables on breakeven point
3.6 margin of safety
3.7 Cost-volume profit analysis
3.8 CVP analysis in single and multi-product situation

4. Variable & Absorption Costing

4.1. Definition and nature
4.2. Inventoriable cost
4.3. Arguments for and against variable costing
4.4. Uses of variable costing
4.5. Managerial purpose
4.6. Comparison and disadvantages of variable costing
4.7. Variable costing and decision making
4.8. Income computed under variable and absorption costing

5. Relevant cost for decision making

5.1. Relevant vs. irrelevant costs
5.2. Using cost in Decision Making
5.3. Decision requiring relevant information
5.4. Purchasing new equipment, Replacing existing equipment
5.5. Entering a market with a New Product
5.6. Accepting Special Orders at Less than Full Cost
5.7. Making or Buying Component Parts
5.8. Joint Product Decisions
5.9. Allocated Costs and Decision Making
5.10 Sell at Spill-off point or Process Further
5.11 Pricing Decisions
5.12 Allocating Scarce Resources

6. Budget & Profit planning

6.1. The aspect of Budgeting
6.2. Definition of Budget
6.3. The Need for Budgeting
6.4. Advantages of Budgeting for Businesses
6.5. The Budget Time Frame
6.6. Budget Preparation
6.7. The Budget Committee
6.8. The Master Budget
6.9. The Sales budget
6.10 The Production Budget
6.11 The Marketing Cost Budget
6.12 The Administrative Cost Budget
6.13 Cash budget
6.14 The Budgeted Income Statement
6.15 The budgeted Balance Sheet
6.16 Budget Uses
6.17 Budget Planning and Costing
6.18 Slack budget
6.19 Incremental Budgeting
6.20 Zero- Based Budgeting

7. Financial Statement & Ratio Analysis

7.1. Reasons for Financial Statement Analysis
7.2. The Principal Tools of Financial Statement Analysis
7.3. Comparative Financial Statements
 7.4. Index-Number Trend Series
7.5. Common-Size Financial Statements
7.6. Ratio Analysis
7.7. Interpretation of Ratios
7.8. Short-Term Liquidity: Working Capital, Current Ratio
7.9. Acid Test-Ratio
7.10 Average-Accounts-Receivable-Turnover Ratio
7.11 Collection Period for Accounts receivable
7.12 Inventory Turnover Ratio
7.13 Days to Sell Inventory
7.14 Capital Structure and Long-Term Solvency Ratios
7.15 Debts-to-Equity Ratio
7.16 Times Interest Earned Ratio
7.17 Return on Investment (ROI)
7.18 Earnings per Share (EPS)
7.19 Primary and Fully Diluted Earnings per Share
7.20 Market Measures
7.21 Price Earnings ratio
7.22 Dividend Payout and Yield Ratios

8. Standard Costing & Variance Analysis

8.1. Performance Evaluation Measures
8.2. Management by Exception
8.3. Standards
8.4. Standard Cost
8.5. Bases of Standard Costs
8.6. Uses of Standard Costs
8.7. Standards for Direct Materials
8.8. Standards for Direct Labor
8.9. Standard Quantity Allowed
8.10 Input and Output
8.11 Variance Analysis
8.12 Direct Materials Variance Analysis
8.13 Direct Labor Variance Analysis
8.14 Performance Reports
8.15 Variance Investigation
8.16 Selecting Variances for Investigation
8.17 Standard Costing in the New Manufacturing Environment
8.18 New Performance Measures
8.19 Journal Entries

9. Capital Budgeting
9.1. Discounted Cash Flow Models
9.2. Net present value method
9.3. Internal rate of return
9.4. Project selection
9.5. The profitability index
9.6. Auditing capital-budgeting Decisions
9.7. Investing and Financial decision
9.8. Leasing versus Purchasing
9.9. Other capital-budgeting techniques: The Payback Method
9.10 The Accounting rate of return
9.11 Payback Bailout
9.12 Payback Reciprocal
9.13 Present value payback
10. Quantitative Techniques for decision making
10.1 Quantitative Techniques Method
10.2 Management Science
10.3 Uses of Quantitative Methods in Decision Making
10.4 Advantages of using quantitative methods
10.5 Advance in the use of quantitative methods
10.6 Limitations of Quantitative Methods
10.7 Common quantitative techniques used in decision making
10.8 Linear programming
10.9 Project Scheduling Techniques
10.10 Queuing Theory
10.11 Forecasting
10.12 Methods of solving linear Programming Problems
10.13 Simplex method
10.14 Algebraic & Graphical Methods
10.15 Other techniques
10.16 PERT&CPM
10.17 Regression Analysis

11. Gross Profit Variation Analysis

11.1 Importance of Gross Profit Variation Analysis
11.2 Factors affecting net sales, cost of sales and gross profit
11.3 Single Product Analysis
11.4 Multi-Product (Product Mix) Analysis
11.5 Information Needed for Product Analysis
11.6 Procedures in Gross Profit Variation analysis
11.7 Two (2) Way 7 Three (3) way Analysis
11.8Three (3) Factor & Five (5) Factor Analysis

12. Accounting Information & EDP Systems

12.1 Overview of the Accounting System
12.2 Nature, objectives, Characteristics, and essential
components of an accounting system
12.3 Principles and terminology of system design
12.4 Systems Analysis and design
12.5 Data gathering and analysis
12.6 System Analysis report and system report
12.7 System implementation, audit and review
12.8 Data processing concepts, principles and methods
12.9 Modes of data processing
12.10 Fundamentals of Electronic Data Processing (EDP) System
12.11 Components of EDP Systems
12.12 Application and trends in information technology
12.13 Common applications in a computer assisted accounting system.

Teaching Methods/Learning Activities:

1. Lectures/ Discussion
2. Problem solving
3. Projects
4. Group Dynamics

Instructional materials : Laptop, LCD, Whiteboard marker, Textbook,

Handouts

Course Requirements : Examinations, Exercises, Recitation, Projects

Scoreing :
Examination 70%
Long Exam and quizzes 30%
Midterm 20%
Final 20%

Other requirements ____30%___

Total _100%_

Course Policies :

A. Attendance

Students are not allowed to have 20% or more absences of the total class
hours, otherwise, they will be granted as follows:

Dropped (If majority of the excessive absences are excused)

Failed (If Majority of the excessive absences are unexcused)

B. Classroom decorum

Students are required to:

1. Wear their identification cards and observe proper class dress code
at all times;
2. Turn off or put silent mode their cellular phones during class hours;
3. Maintain cleanliness and orderliness of the room at all times; and
4. Come to class on time.

C. Examination/ Evaluation

1. Quizzes may be announced of unannounced.

2. Long examinations are always announced.
3. Cheating is strictly prohibited. A student who is caught cheating will be
given a score of “0” for the first offense. For the second offense, he/she will
automatically fail the subject.
4. Examination permits are required during midterm and final examinations.
5. Students who missed exams, laboratory exercises, or quizzes may only be
excused for any of the following reasons:

i) Participation in a University College-approved field trip or activity

(must be cleared one week in advance);
ii) Personal illness (must present medical certificate); and
iii) Death or serious illness in the immediate family (must present death or
medical certificate.)