ACCT 346 (Introduction to Managerial Accounting) Entire Course - Updated 2014
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Discussion 1 Ethics and Ethical Behaviour
The Sarbanes-Oxley Act of 2002 (SOX) has emphasized the importance of ethical ehaviour and codes of conduct. Discuss the costs and benefits of the ethical environment. If a poor ethical environment results in costs to an organization, what are they? Conversely, what are the benefits of a good ethical environment?
Discussion 2 Managerial and Financial Accounting
Fxibility, timeliness, and forward looking is said to be the prominent trait of modern management accounting, whereas standardization and consistency describe financial accleounting. Explain why the focus on these two accounting systems differs.
Week 1 Assignment:
ACCT 346 Week 1 Course Project Part 1
Discussion1: Job Order and Process Costing Systems -
The job cost sheet is used to accumulate the three product costs: direct material, direct labor, and factory overhead. Discuss the source documents for determining these amounts (that is, where do we get these numbers, and how we arrive at the overhead?). Why is overhead the most difficult to assign?
Job Order and Process Costing Systems - Discussion
Describe how the process costing system accumulates and assigns costs by comparing and contrasting to the job order costing system.
Week 2 Assignment:
ACCT 346 Week 2 Course Project Part 2
Discussion 1 CVP Analysis and Variable Costing –
Discuss the basic assumptions of CVP analysis and how we can use CVP analysis as mangers in making decisions.
Discussion 2 CVP Analysis and Variable Costing –
Discuss the difference between variable costing and full costing. Why would income...