Monday 11 January 2016

ACC2002 Managerial Accounting

Taken in SEM 1 AY15/16

Professor: Alfred L C Loh
Module overview: 
The emphasis of the course is on the use of accounting information internally by managers in managing an organisation. Students will gain an understanding of the information needed by managers in planning, control and decision-making. The course will cover topics such as cost concepts and cost behaviour, costing systems, flexible budgets and variance analysis, management controls and responsibility accounting and relevant costs in decision-making.

Review: 
Class participation: For my class, barely anyone participated after the first few weeks. Large part of class participation was attendance marks.

Presentation:Steep bellcurve since answers are provided and presentation is just tutorial questions.

Mid-term test: Super steep bellcurve, almost everyone got A/A+. Didn't do well ultimately because of this. (Got B+ even though I felt the paper was quite well done)

Final examination: Manageable. However, dont get tricked by the past year papers! Did the past year papers in 1 hour, however, I did not manage to finish 5 marks for the finals examination. This was the case for most of the cohort. The paper however was quite manageable, 2 questions were easy, 1 question was tedious and the last was conceptual, but manageable.

Webcast: No webcast (Sectional style)
Textbook: Very important!! Lecture notes are not very detailed, nor do they explain things very well. Very important to read the textbook as it explains most concepts pretty decently.

Grading: 
Class participation 15%
Presentation 15%
Mid-term test 30%
Final examination 40%

Expected Grade: C-
Final Grade: B

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