BIRZEIT UNIVERSITY College of Commerce and Economics: MBA Program Profossor Dr. Nidal Rashid Sabri Management Accounting 631 Email: nsabri@birzeit.edu homepage: www.birziet.edu/commerce/sabri Room: C 321 Ofice No.: 120 Tel: 2982937 I: Course Objectives 1. To appreciate the discipline of Management Accounting 2. To understand the differences between management and financial accounting. 3. To indicate the functions of management accounting in serving the managerial process. 4. To master the merits of management accounting techniques and models. 5. To discuss the concept and the role of performance measures in economic units and organizations. 6. To understand the relationship between decision making and accounting. 7. To know how to use the financial data in articulating models for planning organization activities in economic units. 8. To know how to use the financial data in articulating models for controlling organization activities in economic units. 9. To understand the role and concepts of cost behavior in planning and controlling of business activities. 10. To capture the relationship between cost, revenues and volume of economic activities and their applications. II: Course Contents First : Fundemantals of Management accounting Functions of Accounting Relationship between Management and accountings Differnce between Managerial and financial accounting Major merits of management accounting Definition of management accounting Models of managemnet accounting TQM and management accounting Chapters 1, 2 Second: Fundemantals of cost Cost concepts Cost behaviors and Cost classifications Cost classifications and managemnet accounting models 1 Presentation of a Case study Presentation of a critique for a research paper Assignments in Internet A paper to be prepared and presented Assignments to be forward by email Final Exam Students Assignments
Chapter 3 and 4 Third: Measurement function Cost elements Direct materials, Direct labour factory overhead Job order costing Process Costing Cost Allocations Chapter 5 and 6 Forth: Decision Making function Fundemantals Costs and pricings Relevant costs Buy or manufacturing Sell or process further Differential cost analysis Chapters 7 and 8 Login: Password: Internet Password for the course Fifth: Planning function Budgeting: Introduction, Master budget sales budget, production budget, materials budget, labor budget, factory overhead budget, total cost of production budget, and marketing budget. Budgeted income statement, cash budget, and budgeted balance sheet for the farm. Capital Budgeting: Introduction, Financial evaluation techniques, Cash flows of investments projects. Cost of capital and present value, *Sources of financing Chapters 9 and 10 Sixth: Financial Contolling function Introduction Orgnization and contolling Rensponsepility centers Measurement of performance Rate on Investments Ratio Analysis Chapters : 11 and 12 Seventh: Feasibility Studies Introduction Key elements of conducting feasibility studies Parts of feasibility studies Opportunity study, Pre-feasibility study, Completed feasibility study III : Course Evaluation 2
Requirements Grads Presentation of a Case study 5% Presentation of a critique for a research paper 5% A paper to be prepared and presented 10% Assigmnents in intent 10% Assignments to be forward by email 10% mid-term exam 25% Final Exam 50% Total 100% IV : Educational Resources الكتاب المقرر.(٢٠٠٢ א א א א ) א א א Second: Selected Readings in Textbooks 1. Anderson H. & B. Needles Jr. Managerial Accounting 6 edition (Houghton Mifflin Company) 1994. 2. Anthony, Robert N., John Dearden, and Norton M. Bedford Management Control Systems Fifth Edition, Richard D. Irwin, Inc., Illinois, 1994. 3. Anthony, Robert N., John Dearden, and Norton M. Bedford Management Control Systems Fifth Edition, Richard D. Irwin, Inc., Illinois, 1994. 4. Ashton, Hopper and Scapens Issues in Management Accounting (Prentice- Hall International) 1995. 5. Bolton, leslia, W. Cost Accounting in Agriculture London, Gee and Co. Publishers Limited, 1982. 6. Cashin James A. and Ralph Polimeni Cost Accounting McGraw Hill Book Company, 1991. 7. Chadwik, L. The Essence of Management Accounting (Prentice- Hall International) 1995. 8. Deaken Edward B. and Michael W. Maher Cost Accounting Richard D. Irwin, Inc.,1992. 9. Foster, George Financial Statement Analysis ( Prentice hall International) 1996. 10. Garrison, Ray Managerial Accounting (Business Publlications, Inc., )1996. 11. Gray, Jack and Don Ricketts Cost and Managerial Accounting McGraw Hill Book Company, 1996. 12. Harold Bierman Jr. and Seymour Smidt the Capital Budgeting Decision (Macmillan Publisher Co. New York) 1996. 13. Horngren, Charles T. Cost Accounting; Managerial Emphasis (Prentice-Hall., Englewood Cliffs, N. J.) 1997. 14. Jack Gray and Don Ricketts Cost and Managerial Accounting McGraw Hill Book Company, 1991. 3
15. John Y. Lee Managerial Accounting Changes For the 1990's (Addison- Wesley Publishing Company, 1987).. 16. Kaplan, Robert S. Advanced Management Accounting (Prentice Hall International, Inc., Englewood Cliffs, N.J.)1998 17. Letricia G. Rayburn Principles of Cost Accounting Managerial Application Richard D. Irwin, Inc.,1992 18. Maher, M, C. Stickney and R. Well Managerial Accounting (Harcourt Brace, The Dryden Press) 1997. 19. Matz, Adolph and Milton F. Usry Cost Accunting Planning and Control South - Western Publishing Company, 1991. 20. Moscove, Stephen A and Arnold M. Wright Cost Accounting with Managerial Application 6 edition (Houghton Mifflin Company) 1990. 21. Sabri, Nidal Rashid Banking Without Interest; Managerial and Accounting Approach (Bureau of Research Al-Najah University, Palestine) 1986. Co-author. 22. Sabri, Nidal Rashid Budgeting and Feasibility Studies (Birzeit University, Palestine) 1995. 23. Sabri, Nidal Rashid Financial Planning and Controlling of Farming Business (Research Department: Arab Management Development Organization, Cairo) 1994. 24. Sabri, Nidal Rashid Principles of Budgets (Bureau of Research, Birzeit University, Palestine) 1984. 25. Sabri, Nidal Rashid Principles of Cost Accounting (Bureau of Research, Birzeit University, Palestine) 1984. 26. Seitz, N. and Mitch Elison Capital Budgeting and Long- Term Finacing Decisions (Harcourt Brace, The Dryden Press) 1999. 27. Shah, Pravin P. Cost Control and Information System McGraw Hill Book Company, 1996. 28. Shilinglaw G. Managerial Cost Accounting (Homewood, Illinios, Richard D. Irwin) 1992. 29. Welsch Glenn A. and Ronald W. Hilton and Paul N. Gordon Budgeting, Profit Planning and Control (Prentice Hall, 1999). 30. Young, Mark S. Readings in Management Accounting (Prentice Hall International, 1997). Third : Standards, Manuals and Research Mongraphs 1. AICPA, Audit Accounting Guides AICPA Inc., New York, 1999. 2. Lee, John Y. Managerial Accounting Changes For the 1990's (Addison- Wesley Publishing Company, 1987) 3. Johnson and Kaplan Relevance Lost: The Rise and Fall of Management Accounting (Boston, Haravard Business Scholl Press). 1987. 4. FASB Financial Accounting Standards Current Text as of June,1, 1998, Section N 35, Nonmonetary Transactions Irwin, Illinois, USA, 1998. 5. Sabri, Nidal Rashid Changing Role of The State in Subsidized Housing: The Case of Developing Environment (Economic Research Forum Publication, Cairo) 1995. 4
6. Sabri, Nidal Rashid Housing As An Internal Leading Sector (The International Labour Organization) 1998 7. Sabri, Nidal Rashid and others UNIDO, Identification of Priority Projects in Palestinian Industrial Sector (United Nations Industrial Development Organization, Vienna). 8. UNIDO, Guide To Practical Project Appraisal: Social Benefit-Cost Analysis in Developing Countries (UNIDO, Vienna) 1986. 9. UNIDO, Manual For the Preparation of Industrial Feasibility Studies (Vienna, UNIDO) 1986. Fourth: Periodicals and Research 1. Banker and Hughes Product Costing and Pricing The Accounting Review (July, 1994) pp. 479-494. 2. Bowen, R. M. D. Burgstahler and L. A. Daley "Evidence on the Relationships Between Earnings and Various Measures of Cash Flow" The Accounting Review (October, 1986) pp. 713-725. 3. Demski, Joel S. and David M. Kreps " Models in Managerial Accounting" Journal of Accounting Research (Vol.20 supplement, 1982) pp. 117-148. 4. Gordon A L. and M. M. Hammer "Rates of Return and Cash Flow Profiles: An Extension The Accounting Review (October, 1988) pp. 514-521. 5. Gordon L. A. and M. M. Hammer "Rates of Return and Cash Flow Profiles: An Extension The Accounting Review (October, 1988) pp. 514-521. 6. Haka, S. F. and L. A. Gordan and G. E. Pinches "Sophisticated Capital Budgeting Selection Techniques and Firm Performance" The Accounting Review (October, 1985) pp. 651-668. 7. Hiromoto, T. Another Hidden Edge- Japanes Management Accounting Harvard Business Review (July, 1988) pp. 22-26. 8. Jack Bailes, Barry Shane and C. Dean Pielstick "Using Your PC to Project Capital Investment Funds" Management Accounting (July, 1988) pp.59-62. 9. Jack Bailes, Barry Shane and C. Dean Pielstick "Using Your PC to Project Capital Investment Funds" Management Accounting (July, 1988) pp.59-62. 10. Kaplan Robert S. "The Evolution of Management accounting" The Accounting Review (July, 1984) pp. 390-418. 11. Kaplan, Robert S. "Must CIM be Justified by Faith Alone" Harvard Business Review (March-April, 1986) pp. 87-95. 12. Keith Wm. Fairchild and Dennis Bline "Capital Investment Analysis: The Index Method" Issues in Accounting Education (Spring, 1988) pp. 72-78. 13. Kim S. H. "An Empirical Study on the Relationship Between Capital Budgeting Practices and Earnings Performance" Engineering Economist (Spring, 1982) pp. 185-196. 14. Konopoka, Harld "Breakeven Analysis With Variable Product Mix" Management Accounting (April, 1978). 15. Manuele, Lenore, E. The Impact of the Total Quality Management Movement on Management Accounting Journal of Accounting Education (Vol. 13, 1995) pp. 111-118. 5
16. Rappaport and R. A. Taggart Jr. "Evaluation of Capital Expenditures Proposal Under Inflation" Financial Management (Spring, 1982) pp. 5-13 17. Sabri, Nidal Rashid "Role of Management Accountant in Preparing Feasibility Studies" Management Accountant (Vol. 26, May, 1991) pp. 316-321. 18. Sabri, Nidal Rashid Application of Managerial Accounting Techniques to Agricultural Business" Proceeding of American Accounting Association (AAA Meeting, Rutgers University, USA 1986) 19. Sabri, Nidal Rashid Financial Analysis Of the Palestinian Industry Including Small Scale Firms. Small Business Economic (Vol. 11, 1998). pp. 293-301. 20. Sabri, Nidal Rashid General Features of the Palestinian Industry International Management (Vol.3 1999) pp.33-42. 21. Sabri, Nidal Rashid and A. Kuttab Non-Factory Firms in Cost and Managerial Accounting Curricula" Proceeding of American Accounting Association (AAA Northeast Regional Meeting, New York) 1990, co-author. 22. Sabri, Nidal Rashid and and S. Jayossy Cost Analysis of Palestinian Hospitals; The Case Of RGH (Harvard Institute for International Development) 1997. 23. Sabri, Nidal Rashid and M. H. Jabr "Accounting Information Systems for Banks Without Interest" in Recent Accounting and Economic Development in the Middle East (University of Illinois, USA) 1985.. 24. Sabri, Nidal Rashid and M. H. Jabr "Business and Accounting Ethics in Islam; Theory and Practice" in Ethical Considerations in International Accounting, University of Illinois, USA, 1992. pp. 49-64 co-author. 25. Sabri, Nidal Rashid and others Cost Analysis of Water Production at JWU (Institute Mediterranean de L'au, 1995 26. Sabri, Nidal Rashid Applying Relevant Feasibility Studies Techniques to the Arab Business Environment" Middle East Business Review (NO. 2, 1996) 27. Zimmerman J. L. "The Costs and Benefits of Cost Allocation" The Accounting Review (July, 1979). Fifth: Indices Periodical Indices Accountants' Index AICPA (1970-1998) Sixth: Inter Net Locations Accounting - Financial Abstracts {WWW.Anbr.co.uk/products/afa.htm} American Institute of Certified Accountants {WWW. AICPA.org} Financial Accounting Standards Board {Rutgers.edu/Accounting/raw/fasb} 6