Management Accounting for International Class

COURSE DESCRIPTION:
This course introduces students to the fundamental concepts and techniques of managerial accounting, with a strong emphasis on its role in supporting internal business decision-making. Using Mowen, Hansen, and Heitger (7th Edition) as the primary reference, the course explores how accounting information is used by managers to plan, control, and make strategic and operational decisions.

The course begins with foundational topics such as cost behavior, cost classification, and cost systems including job-order costing, process costing, and activity-based costing. Students will develop an understanding of how costs are measured, analyzed, and used in business operations.

The course then progresses to decision-making tools such as Cost-Volume-Profit (CVP) analysis and relevant cost analysis for tactical decisions. In the later stages, students will learn profit planning, flexible budgeting, and variance analysis, which are essential for performance evaluation and control.

Additionally, the course covers performance evaluation, decentralization, and capital investment decisions to support long-term strategic planning.

Throughout the course, students are expected to apply concepts through analytical problem-solving, numerical exercises, and case-based discussions to enhance both conceptual understanding and practical skills.

LEARNING OUTCOMES:
By the end of this course, students are expected to be able to:

1. Explain the role of managerial accounting in internal decision-making
2. Classify and analyze different types of costs and cost behavior
3. Apply costing methods including job-order costing, process costing, and activity-based costing
4. Perform Cost-Volume-Profit (CVP) analysis for planning and decision-making
5. Apply relevant cost analysis in tactical business decisions
6. Prepare and interpret flexible budgets and variance analysis
7. Evaluate organizational performance using managerial accounting tools
8. Analyze capital investment decisions using quantitative techniques

MAIN TOPICS:

1. Introduction to Managerial Accounting
2. Basic Cost Concepts and Cost Behavior
3. Costing Systems (Job Order and Process Costing)
4. Activity-Based Costing (ABC)
5. Cost-Volume-Profit (CVP) Analysis
6. Tactical Decision Making and Relevant Cost Analysis
7. Profit Planning and Flexible Budgeting
8. Standard Costing and Variance Analysis
9. Performance Evaluation and Decentralization
10. Capital Investment Decisions

LEARNING METHODS:

• Interactive Lecture
• Case-Based Learning (CBL)
• Small Group Discussion (SGD)
• Problem-Solving Exercises
• Applied Case Analysis

ASSESSMENT METHODS:

• Assignments / Problem Sets
• Case Analysis
• Midterm Examination (UTS)
• Final Examination (UAS)
• Class Participation

COURSE ORIENTATION:
Managerial Accounting focuses on how accounting information is used to support decision-making within an organization. This course trains students to think analytically, evaluate business situations, and make logical and data-driven decisions.