Accounting Department of

1

Department of Accounting

ACCT 3210 – Advanced Management Accounting

Spring 2020

Course Outline – Sections L1, L2 & L3

Instructor: Dr. Terry Kwok (LSK 6005; Phone: 2358-7567; E-mail: actk@ust.hk)

Office Hours: By appointment (via Zoom Meeting)

T.A.: Ms. Carrie Leung (LSK 6066, Phone: 2358-7580, E-mail: accarrie@ust.hk)

Class time and venue:

Classes conducted online via Zoom

Classes will be conducted online via Zoom only until we change to mix mode. Please refer to the announcement

posted in Canvas.

When Physical Class resumes

L1: Tues & Thurs -12:00 noon to 1:20 pm; LSK1011

L2: Mon & Wed -10:30 am to 11:50 am; 2404 – 2/F at Main Academic Building (Lifts 17–18)

L3: Mon & Wed -12:00 noon to 1:20 pm; 2404 – 2/F at Main Academic Building (Lifts 17-18)

Course website: http://canvas.ust.hk

I Course Description:

Accounting information is essential for planning and controlling business operations and for making strategic and

operating decisions by senior managers. This course is built on the materials you have learned in Principles of

Accounting II (ACCT 2200) to introduce more advanced topics and techniques that are important for managing

business organizations. This course puts a greater emphasis on applications of management accounting tools to

tackle business problems.

Topics covered include analysis of cost behaviour, allocation of common and joint costs, use of cost information

in operational and strategic decisions, strategic profitability analysis and productivity analysis, decision-making

techniques, transfer pricing, and performance measurement and introduction of data analytics in accounting.

II Course Objectives:

By the end of this course, you should be able to:

1. Understand both the importance of management accounting for strategic and operational decisions for

organizations and the pitfalls of misusing management accounting information and techniques.

2. Solve problems arising in business planning and decisions, with the use of spreadsheet skill and quantitative

tools (such as the decision tree, regression analysis, the learning curve, and linear programming).

3. Evaluate various techniques for control and performance evaluation in a decentralized environment, and

provide recommendations for an effective control system.

4. Understand how data analytics are applied in accounting.

5. The course will also provide you with opportunities to gain exposure to more complex (and realistic) business

problems through real-life based cases.

6. Demonstrate team-work and leadership skills in solving problems in planning and controls.

7. Demonstrate communication skills through team work, and class discussions.

8. Detailed learning objectives are listed in the Appendix III below.

III Course Materials:

Required textbook

Horngren’s Cost Accounting: A Managerial Emphasis (16th Ed.), by Srikant M. Datar, and Madhav Rajan.

Pearson Education Inc.,

Reference Book

Accounting for Decision Making and Control (9th edition), by Jerold L. Zimmerman, McGraw-Hill Education

Lecture Ppts, Teaching Material, and Cases for group Assignments: available in Canvas before class

IV Teaching Methodology:

The course is taught in the form of lectures, in-class exercises and discussions, and group case studies. Students

are required to attend all classes and participate in class discussions and exercises. Readings and discussion

problems for each class are assigned in advance. It is important that students read the assigned chapters and

problems beforehand so that class time can be used efficiently.

V Grading

The overall grade is based on the following weighted average:

Class attendance / participation 5%

Homework assignments 7%

Group Assignments 18%

Midterm exam 25% (Thursday, April 2, 2020)

Final exam 45%

100%

Course Policy:

1. Attendance and participation

Students are required to attend all classes and arrive on time (via Zoom Meeting Online or physically