Course Details

Title Management Accounting
Field of Study Business
Professor hanyang (
Type Academic course
Delivery Method Offline (100% offline course):
Credits 3
Contact hours 45
Course code ACC3003
Course number

This is an introductory course that focuses on managerial tools needed by corporate professionals. Management accounting studies the generation, communication, and use of information for operational and strategic decision-making purposes. It is designed to provide you with an understanding of the basic managerial accounting concepts and tools for decision-making in planning and control for individuals internal to the organization.

* We learn the materials from the perspective of users of managerial information.  Therefore, the basic underlying theme is to build students’ understanding of how managers interpret and use the information in the three primary internal functions: planning operations, controlling activities, and decision-making. Successful completion of this course help you develop analytic and problem-solving skills required to manage the financial aspect of the organization.


Field Trip / Invited Speaker

Depending on the schedule and students’ interest, the instructor may be able to arrange a 2-3 hour field trip and plans for the students to get the “feel” of the managerial accounting. Students have an opportunity of hearing from managerial accountants about how accountants aid in planning and control and employment opportunities as well.  The instructor will be contacting some accountants in Korea.  Instead of the field trip, we could arrange to invite an accountant to speak in class.

  • Learn how product costs are determined
  • Understand cost behavior and cost-volume-profit relationship
  • Understand how budgets are prepared and used in planning and control
  • Study measures used in management performance evaluation
  • Utilize various accounting information to make business decisions

* Text: Introduction to Managerial Accounting, 8th ed. by Brewer, Garrison and

Noreen, 2019, McGraw-Hill Irwin.

* Lecture notes (chapter outlines), practice questions, solutions for homework

problems, and other materials related to the course are provided by the


Lesson Plan
Class 1: I. Overview Overview of Managerial Accounting Ch. 1: Basic Cost Concepts (except Cost Behavior)
Class 2: Ch. 1: continued II. Costing Methods Ch. 2: Job-Order Costing: Unit product cost
Class 3: Ch. 3: Job-Order Costing: Cost flows
Class 4: Ch. 4: Activity-Based Costing
Class 5: Ch. 5: Process Costing
Class 6: III. Planning Ch. 1: Cost Behavior
Class 7: Ch. 6: Cost Volume Profit Analysis
Class 8: Mid-Term Exam
Class 9: Ch. 8: Profit Planning (Budgeting)
Class 10: IV. Control Ch. 9: Flexible Budget, Standard Costs and Variance Analysis
Class 11: Ch. 10: Performance Measurement in Decentralized Organizations
Class 12: V. Decision-Making Ch. 11: Differential Analysis
Class 13: Ch. 11: continued Ch. 12: Capital Budgeting Decisions
Class 14: Special Session, Game, and Comprehensive Review
Class 15: Final Exam
Last Updated November 1, 2021
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