ACCT 4233 Seminar in Strategic Cost Management Expanded Course Outline Monday 7:00 9:30 PM Fall, 2010

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1 ACCT 4233 Seminar in Strategic Cost Management Expanded Course Outline Monday 7:00 9:30 PM Fall, 2010 Instructor: Dr. Harrison McCraw Office Hours: M,W 10:00-12:00 Phone: M 4:00-7:00 FAX: T 2:00-5:00 [email protected] I. Catalog Description: Study of contemporary cost management tools and business strategy. II. Required Background or Experience: A. Prerequisites: ACCT 3232 B. Prerequisite Justification: Students will benefit more from this course if they understand basic product costing techniques, are familiar with master and flexible budgets, basic C-V-P analysis, and standard cost-variance analysis. C. General Education (Core) Contributions: This course uses the writing skills developed in English, the oral skills developed in Speech, the critical thinking and analysis abilities developed in Mathematics, and the knowledge gained in ACCT 2101, ACCT 2102, and ACCT III. Expected Outcomes A. Formal presentations of cases and articles. LG 1, LG2, LG4, LG5, LG6, LG7 B. Analyze and hand in cases in writing. LG 1, LG2, LG4, LG5, LG6, LG7 C. Examinations on course content. LG2, LG4, LG5, LG6 IV. Text and References: Ansari Modular Series. Houghton Mifflin Company Class Packet (selected readings) V. Special or Unique Student Materials/Facilities: None VI. Expanded Description of the Course and Instructional Method: A. Expanded Description of the Course: 1

2 This course explores the contemporary role of the management accountant. Emphasis is placed on strategic partnering and the use of new managerial tools to create firm value. The class will be conducted as a seminar requiring extensive student participation. B. Instructional Methods: 1) Topic Coverage - Student teams will be assigned various topics to be covered in the course for presentation (modules and readings) purposes. The presentations are expected to be in-depth. Each team is expected to augment their presentations with multi-media. Case solutions should include a cover page (with the usual information), a summary of case facts, and case questions with individual question solutions. If you make assumptions, state them. Failure to follow these instructions will impact case grade. This is a seminar. You are expected to participate. 2) BE AWARE THAT THE EVALUATION METHODS ARE SUBJECTIVE. As such, the only opinion that counts is MY OPINION. VII. Methods of Evaluating Outcome: A. Evaluation: 1. Presentation; Case/Module/Reading(s) 50 Reasonable Solution Case Mid-Term Final Participation Points B. Learning Domains: 1) Cognitive: Knowledge; Comprehension; Application; Analysis; Synthesis; Evaluation. 2) Affective: Receiving; Responding; Valuing; Organization. C. Instructor s Expectations: The instructor s expectations of students are: 1. To be familiar with the main discussion issues, concepts, and computational procedures in a module prior to the start of class. 2

3 2. Failure to attend class significantly reduces the probability that you will achieve your objectives in this course. There are no excused absences. Excessive absences (2) may lead to being dropped from ACCT 4233 or a reduction in student grade. 3. Schedule Changes - The class schedule provided should be considered a general guideline. At various times during the semester we may be either slightly ahead of or behind the printed schedule. 4 No Missed Assignments! If so, grade of zero will be assigned. 5. Critical dates include: Withdrawal with W (if passing) October 6, 2010 IX. Course Outline: Date Aug 16 Topic Introduction/Organization and Assignments 23 Strategy and The Management Accountant Vincent s Cappuccino Express Practice Case Read--Organizational Role of The Management Accountant 30 Process Reengineering/Activity Based Management Wrinkle Corporation Read --- The Rise and Fall of Management Accounting Sept. 06 Labor Day no class 13 Measuring and Managing Capacity INFO Department Read The Cost of Capacity 20 Indirect Cost The Genesis Group Read Elements of Supply Chain Management 27 Cost Measurement Systems Boys Club of Boone County Read What an ABC Model Looks Likes 3

4 Oct 04 Mid-Term Case 11 Measuring and Managing Quality Costs Burn Wood Products Read --- Measuring the Cost of Quality 18 Target Costing Modern Office Machines, Read Target Costing and How to Use It 25 Customer Profitability Analysis Video Wonders. Read--Using the Balanced Scorecard as a Strategic Management Tool Nov 01 Theory of Constraints Rochester Read TOC and ABC Nov 08 Lean Production Ingot Can 18 Value Chair Daily Breeze 25 Thanksgiving Dec Close Performance Evaluation Final 8:00 10:00pm Last Day To Withdraw is Oct 6, 2010 Note 1 This course covers the following AACSB perspectives: - ethics - written communications - oral communications - computer usage Note 2 This course covers the following teaching objectives: 4

5 - Develops analytical thinking skills. - Integrates functional areas of business. - Develops interpersonal skills. MY.WESTGA.EDU The policy of the University of West Georgia is that each student is responsible for checking his/her my.westga.edu account on a regular basis. EXTRA CREDIT There is no extra credit in this course beyond that explicitly stated in the course syllabus. WORK FROM OTHER COURSES Work submitted for credit in other courses will not be accepted for credit 5