Course Outlines

Learning Resources

Text(s) and Equipment

Required: Cost Accounting – A Managerial Emphasis, by Horngren, Datar, Rajan, Beaubien, Graham, Pearson, 7th Canadian Ed. Students are expected to bring their textbooks to the lecture/labs.

Recommended:

Financial Calculator - Texas Instruments BA2 Plus (recommended)

Evaluation Criteria

Criteria	%	Comments
Final Examination	45%
Mid-term Examination	45%
Assignments	10%
Total	100%

Attendance Requirements

Regular attendance in lectures and labs is seen as integral to student success, therefore, attendance in class is monitored. Unexcused absences in excess of 10% of the time prescribed for this course may result in the assignment of a failing grade and/or removal from the course. In case of illness or other unavoidable absence, students must communicate with their instructor as soon as possible indicating the reason for the absence. Students who are seeking accommodation for a medical absence must have a BCIT-approved medical certificate. For other absences, students must be prepared to provide appropriate supporting documentation. These requirements are set out in accordance with BCIT Policy 5101 “Student Regulations.”

Other information

COURSE OUTLINES: This course outline may assist you in the future to receive credit for all or part of a course from another post-secondary institution or from a professional program. It is strongly recommended that this course outline be safely filed for future reference.

ATTENDANCE: Regular attendance in lectures and labs is seen as integral to student success, therefore, attendance in class is monitored. Unexcused absences in excess of 10% of the time prescribed for this course may result in the assignment of a failing grade and/or removal from the course. In case of illness or other unavoidable absence, students must communicate with their instructor as soon as possible indicating the reason for the absence. Students who are seeking accommodation for a medical absence must have a BCIT-approved medical certificate. For other absences, students must be prepared to provide appropriate supporting documentation. These requirements are set out in accordance with BCIT Policy 5101 “Student Regulations.”

EXAMINATIONS: A student who fails to write an examination on the scheduled date and time will receive a zero on that examination. Exceptions may be made for documented medical reasons or extenuating circumstances. In such a case, it is the responsibility of the student to contact the instructor immediately. It is the student’s responsibility to be proactive and contact the instructor. Missed examinations may be required to be written through the BCIT Test Centre (http://www.bcit.ca/testcentre/), and as such subject to an examination scheduling fee. See following:

Missed Exams and Assignments due to Illness:

BCIT Policy 5103, Student Evaluation, states: ...Occasionally BCIT students are absent from a mid-term or final examination or for other important forms of evaluation due to serious medical reasons or for other unavoidable causes. The procedure to be followed is described in Procedure 5101, Implementation of Student Regulations... Final examinations and mid-terms notwithstanding, programs may limit the number of tests, quizzes or examinations a student may miss. Details of these limits, and the consequences associated with exceeding them, will be documented in the course outline....

Procedure 5101-PR1 sets out the following procedure: ...a student who misses an exam or evaluation due to a medical reason or other unavoidable cause will be provided with an opportunity to make up for that missed exam or evaluation, but only under the following conditions: (a) The student must notify the instructor that he/she will miss the exam or evaluation as soon as possible, preferably prior to the time when the exam or evaluation is scheduled to occur. (b) For medical related absences the student must produce a BCIT-approved medical certificate, obtained at the student's own expense, to show that an examination or evaluation was missed due to medical reasons. The BCIT Student Medical Certificate form is available on the BCIT website. (c) For other unavoidable absences the student should be prepared to provide supporting documentation. When the program department has validated that the conditions previously stated have been met, the program department will employ one of the following options: (a) The program department will provide the student with another opportunity to write the same or replacement examination, or perform some other form of evaluation, or (b) The program department will devise another means of judging the student's mastery of the learning outcomes, or (c) The program department will calculate an aegrotat grade for the student if the conditions for aegrotat have been met. (ref. BCIT Policy 5103, Student Evaluation).

Consistent with these policies, in this course, students should be advised that:

(a) The only acceptable medical certificate is the Student Medical Certificate approved by BCIT and found at the following URL: http://www.bcit.ca/files/healthservices/pdf/studentmedicalcertificate.pdf No other doctor's note will be acceptable.

(b) Students who fail to submit to their instructor, on a timely basis, a Student Medical Certificate that justifies academic accommodation on account of illness for a missed test or assignment deadline, will be summarily awarded a zero on the missed evaluation. Timely notice should be as soon as possible, but never be more than 7 calendar days after the missed event.

(c) The policy of the program department is that should a student miss a mid-term or final exam, the Student Medical Certificate and the academic accommodation requested by the student must be validated and approved by all three of the Instructor, the Program Head, and the Associate Dean, before an accommodation plan will be considered. In the case of missed evaluations due to illness other than the mid-term and final exams, the Instructor may alone validate the Student Medical Certificate and approve an accommodation plan.

(d) Students who have missed a final exam due to illness, and who have also, previously in the term, missed other tests, quizzes, assignment deadlines, or exams, may be required to write a comprehensive final exam, of a duration of up to double the scheduled time of the final exam that has been missed.

Instructors are asked to promptly notify the program head or the academic coordinator of any student who misses an examination together with any supporting documentation.

PHOTO IDENTIFICATION: To write exams, students are required to produce photo-identification at examination centres. Photo identification must be placed on the desk before an exam will be issued to the student and must remain in view on the desk while writing the exam for inspection by invigilators. Students should bring a BCIT OneCard or alternatively two pieces of identification, one of which must be government photo I.D. such as a driver’s license.

CHEATING, PLAGIARISM AND DISHONESTY: Acts of cheating, plagiarism and dishonesty are not tolerated; the degree of punitive action may range from a written warning to withdrawal from the program. These penalties may also be applied to a student who knowingly contributes to the act of dishonesty, cheating and plagiarism. (Refer to the current BCIT Policies.)

Programmable calculators and calculators with alphabetic capability will not be allowed in exams. English language dictionaries may be allowed in exams provided they are presented to the exam invigilator prior to the exam.

PROGRAM APPROVAL: Students planning to complete a Financial Management part-time studies program should complete an Application for Program Approval form to declare a program of study after the program’s first course. Receiving Program Approval ensures that BCIT is aware of the student’s intent to complete a program as it’s currently outlined. Program Approval also enables students to request changes to the prescribed program and guarantees credit for courses that are part of the program will be honoured despite changes in program requirements.

NUMBER OF ATTEMPTS TO COMPLETE A COURSE: Students must successfully complete a course within a maximum of three attempts at the course. Course withdrawals (W), Late Withdrawals (LW), Course Abandonment (V), Prior Learning Assessment Recognition (PLAR), and course failures are recorded as an attempt at the course. Students with two attempts in a single course will be allowed to repeat the course only upon special written permission from the Associate Dean. Students who have not successfully completed a course within three attempts may not be eligible to graduate from the appropriate program.

BCIT STUDENT REGULATIONS POLICY: For information relating to BCIT Student Regulations policies please refer to Policies 5101, 5102, 5103 and 5104 available for viewing at http://www.bcit.ca/about/administration/policies.shtml

Course Schedule and Assignments

Class	Week	Topics Covered:	Readings prior to:	Problems Due:
1	Apr 11	Introduction to the role of Management Accountants in Strategic & Operating decisions Introduction to cost terms and purposes	Ch 1 and 2	To be submitted at beginning of the 2nd class
2	Apr 18	Cost-Volume-Profit Analysis	Ch 3	Ch 1-20, 23, 26 Ch 2-28,37,38
3	Apr 25	Job Costing	Ch 4	Ch 3-38,42,44
4	May 02	Activity Based Costing & Management	Ch 5	Ch 4-27,34,37,41
5	May 09	Review for Mid-term Examination Chapters 1 to 5		Ch 5-35,37
6	May 16	Mid-term Examination Chapters 1 to 5
7	May 23	Master Budget and Responsibility Accounting Part 1 Operating Budgets and Activity-Based Budgets	Ch 6
8	May 30	Master Budget and Responsibility Accounting Part 2 Cash Budgets	Ch 6	Ch 6-25,27,28,36
9	Jun 06	Flexible Budgets, Variances and management Control: Part 1	Ch 7	Ch 6-34,37
10	Jun 13	Flexible Budgets, Variances and management Control: Part 2	Ch 8	Ch 7-25,26,27,28,42
11	Jun 20	Income Effects of alternative inventory-costing methods	Ch 9	Ch 8-29,30,36,40
12	Jun 27	Review for Final Examination Chapters		Ch 9-36,41
13	Jul 04	Final Examination Chapters 6 to 9

Marks for assignments are based on attendance and presentation of the assignments on the due date. Late assignments will only be accepted at the discretion of the instructor, and there will be no make-up assignment regardless of the reason for missing an assignment. Marks will be deducted for messy work, poor spelling and/or grammar. Any copied assignments will result in a 0 grade for all papers involved and possible additional penalties to any students involved.