Topics: Management accounting, Costs, Cost accounting Pages: 12 (2926 words) Published: March 4, 2013
ACC 3201

Semester II 2012/2013

Department of Accounting and Finance Faculty of Management and Economics

Course Outline

Contact details
Course coordinator/lecturer
Course coordinator/Lecturer: e-mail: Phone: Fax: Room number Consultation hours: Dr. Mohd Shaari Abd Rahman (09) 668 4157/3232 (09) 668 4237 Deputy Dean’s Office Monday 10am-12pm Wednesday 10am-11am

Course coordinator/Lecturer: e-mail: Phone: Fax: Room number Consultation hours:

Dr. Azwadi Ali (09) 668 3449 (09) 668 4237 A108 TBA

© Universiti Malaysia Terengganu 2013



Course description
This course introduces the basic concepts, terminologies, principles and methods of cost accounting at operational level. This includes introduction of cost elements, basic cost accumulation techniques and various costing methods, including contemporary approaches in arriving at the cost of products produced or services rendered. Code: ACC 3201 Status: Core (Major) Credit Hour(s): Three Pre-requisite: Introduction to Financial Accounting (ACC 3101) Student Learning Time F2F Independent 3 x 14 = 42 21 1 x 14 = 14 14 2 x 2=4 10 3 10

Lecture Tutorial Mid Term Final Exam

Total 63 28 14 13 118 2.95


Course Objectives
To provide an understanding on how organisations accumulate, assign and analyse cost and revenue data for use within the organization and its practical applications thereof.

Course Learning outcomes
1. Discuss the role of management accountants in providing relevant information for management use in planning, control and decision making (C2) 2. Explain and distinguish basic cost classifications, cost behaviour and appropriate accounting treatment of the three basic elements of cost; namely material, labour and overheads(C3) 3. Apply the various costing methods in product and service costing.(P3) 4. Apply the principles of variable costing, absorption costing, activity-based costing (ABC) in the ascertainment of costs (P3) 5. Develop their intellectual commitment to improve their knowledge through various sources of information (LL2, A3). 6. Engage in critical self-reflection and move into the world with curiosity, self motivation and entrepreneurial spirit (A3).



Soft Skills Addressed
The University has defined a set of MQF learning outcomes domain that can be expected of all graduates (see By undertaking this unit you should make progress in attaining the following skills: Knowledge (K) You will gain an in-depth knowledge of Management Accounting in the areas referred to in the Learning Outcomes. You will be assisted to develop requisite skills that will help you to apply and update this knowledge so you can comment upon, and give preliminary advice to businesses, in relation to Management Accounting issues. Oral and written communication (both formal and informal), leadership and team skills will be developed and enhanced by the completion of the assignment in groups, and participation in tutorial activities. These skills will be developed through the completion of the assignment, in-class test and final examination. Specifically, this will be achieved through the application of various costing methods such as specific order costing, variable costing, absorption costing and activity based costing (ABC). Able to independently seek, acquire and manage relevant information from a variety of sources for continuous selfdevelopment and life-long learning. The skills you might acquire from group project and problem-solving activities for your assignment.

Communication, Leadership & Team skills (CL) Problem Solving & Scientific skills (PS)

Information Management & Lifelong Learning skills (LL)

Learning resources required Requisite texts
It is essential that you have ready access to the following textbook: Garrison, R. H., Noreen, E. W., & Brewer, P. C., Cheng, N.S, Yuen, K.C.K. (2012) Managerial Accounting:...
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