Course
Guideline for Equivalent Accounting Courses to
|
| Title Suggestion or Standards—to help distinguish courses approved for transfer. |
|
Strategic Management Accounting or Management
Accounting
|
| Preamble Statement (explanation of the guideline including reason for it, how developed, how used, includes both land-based and on-line courses, etc.) |
| This guideline was developed to facilitate
transferability of courses equivalent to This guideline is applicable to land-based courses and MnOnline courses. |
| Course Description (include clarification of course purpose: preparer, user, or preparer and user) |
| This course focuses on strategic decision-making related to cost analysis and cost/resource management. Topics include strategy, balanced scorecard, cost behavior and estimation including regression, activity-based costing and activity-based management, relevant information, pricing and product profitability, budgeting, performance measurement, time and theory of constraints, quality, environmental issues, target costing and transfer pricing. |
| Prerequisites |
| Principles of Accounting I or Financial Accounting: must include the content topics of Statement of Cash Flows and Financial Statement Analysis. |
| Total Number of Credits |
| Minimum of 3 or 4 semester credits |
| Measurable Student Learning Outcomes |
| More than accounting knowledge, the higher-level
learning outcomes of Bloom’s Taxonomy are sought; at least
80% of the outcomes must reflect the higher levels (comprehension,
analysis, and evaluation) as illustrated below. 1. Comprehension of the strategic role of financial and non-financial accounting information in a strategic decision making environment. “Understand how management accounting influences the organization’s crafting, implementing and evaluating strategic decisions” 2. Critical analytical ability to apply the relevant accounting concepts and principles to decision making situations. “Ability to evaluate the relationship between a cost and a level of activity by applying the criteria for assessing that relationship using the tools of cost estimation.”3. Ability to evaluate the applicability of financial and non-financial information to strategic decision making. “Ability to assess relevance, cost/benefit and behavioral effects of financial and non-financial information in making and evaluating strategic, routine and non-routine decisions.”
|
| Standards for Evaluating Student Learning Outcomes |
| Student learning outcomes must be assessed through the use of examinations and other appropriate evaluative tools. |
| Textbook Name/Author/Publisher/Edition (examples of acceptable textbooks) |
| University-level upper division textbook with a strategic user emphasis and Ansari Strategic Management Accounting modules on strategy, target costing and environment. |
| Course Content-Topics Taught |
|
Strategic Management Accounting Topics
Note: Analysis is emphasized; international issues and ethics are incorporated in appropriate topics. |
| Strategy and Balanced Scorecard |
| Cost concepts and terminology and Cost-volume-profit analysis |
| Cost behavior and estimation including regression analysis |
| Activity-based Costing and Activity-based Management |
| Relevance |
| Pricing Decisions and Product Profitability |
| Target Costing |
| Budgeting and Responsibility Accounting |
| Quality |
| Environmental Costs |
| Time and Theory of Constraints |
| Performance Measurement, transfer pricing and multinational issues |