{"ModuleCode":"ACC3602","ModuleTitle":"Managerial Planning and Control","Department":"Accounting","ModuleDescription":"The course examines various means by which control can be exercised and the types of accounting information that allow for different means of control. Topics to be covered include the nature of control, responsibility centers, economic value added, transfer pricing, strategic planning, budgeting, performance evaluation systems, executive compensation, control for differentiated strategies, control for multinational organisations. Students learn how control is exercised through case analyses, case presentations and in-class discussions. The case approach makes control "come alive" for the students with descriptions of control at various real organisations. The case presentations make the students think critically and strategically. The in-class discussions allow the students to evaluate the pros and cons of different approaches and solutions to control problems.","ModuleCredit":"4","Workload":"3-1-0-4-4","Prerequisite":"FNA2002 or ACC2002","Preclusion":"Students who have passed FNA3112 are not allowed to take ACC3602.","ExamOpenBook":true,"ExamDuration":"P2H","ExamVenue":"LT17","Types":["Module"],"CorsBiddingStats":[{"AcadYear":"2008/2009","Semester":"1","Round":"1A","Group":"Sectional Teaching B1","Quota":"13","Bidders":"0","LowestBid":"0","LowestSuccessfulBid":"0","HighestBid":"0","Faculty":"School Of Business","StudentAcctType":"Returning Students [P]"},{"AcadYear":"2008/2009","Semester":"1","Round":"1A","Group":"Sectional Teaching B2","Quota":"7","Bidders":"0","LowestBid":"0","LowestSuccessfulBid":"0","HighestBid":"0","Faculty":"School Of Business","StudentAcctType":"Returning Students [P]"},{"AcadYear":"2008/2009","Semester":"1","Round":"1B","Group":"Sectional Teaching 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This focus will be on the measurement. The focus will be on the measurement and evaluations of the performance of organizational entities and their managers. Management accounting at this level of analysis is an integral part of companies’ management control systems. Performance measurement and control is an essential function of management to ensure that the organization’s objectives and strategies are carried out effectively.
\r\nThe course focuses on elements and methods of financial results control systems, that is, those that involve measurement and evaluation of financial and non-financial performance. The course discusses key decisions that must be made, such as choice of performance measures, and performance standards and targets. The course also examines in depth how the pricing of goods and services that are transferred from one organizational entity to another often causes problems in the measurement of an entity’s financial performance. The course also discusses problems that measuring and evaluating performance in accounting terms creates, including limitations of traditional performance measures, and discusses the approaches and methods to mitigate these problems and shortcomings. Some of the more advanced cost and management accounting concepts will be covered as well.
\r\n ","Order":1},{"ID":"2e5f053b-8835-4692-be49-41f07234cfff","Title":"Prerequisites","Description":"ACC2002 Managerial Accounting.","Order":2},{"ID":"3e5f053b-8835-4692-be49-41f07234cfff","Title":"Teaching Modes","Description":"Lecture 1.5 hours
\r\nTutorial/presentation 1.5 hours
\r\n ","Order":3},{"ID":"4e5f053b-8835-4692-be49-41f07234cfff","Title":"Schedule","Description":"NATIONAL UNIVERSITY OF SINGAPORE
\r\nNUS Business School
\r\nDepartment of Accountancy
\r\n ACC3602 – Managerial Planning and Control, Semester I, AY2014
\r\nInstructor
\r\nInstructor & Course Coordinator: Dr Sim Kiah Seng
\r\nOffice: BIZ 1 #07-13
\r\nEmail: bizsks@nus.edu.sg
\r\nConsultation Hours: Wednesday 1000-1200
\r\n
\r\nSession:
\r\n \r\n
\r\n\t\t\t | 1 | \r\n\t\t\t2 | \r\n\t\t
B1 | \r\n\t\t\tMonday, 1.00-2.30pm | \r\n\t\t\tMonday, 2.30-4.00pm | \r\n\t\t
48/BIZ2-0413C | \r\n\t\t\t48/BIZ2-0413C | \r\n\t\t|
B2 | \r\n\t\t\tMonday, 9.00-10.30am | \r\n\t\t\tMonday,10.30-12.00pm | \r\n\t\t
48/BIZ2-0413B | \r\n\t\t\t48/BIZ2-0413B | \r\n\t\t|
B3 | \r\n\t\t\tTuesday, 9.00-10.30am | \r\n\t\t\tTuesday, 10.30-12.00pm | \r\n\t\t
48/BIZ2-0201 | \r\n\t\t\t48/BIZ2-0201 | \r\n\t\t
Class participation | \r\n\t\t\t10% | \r\n\t\t
Homework and case analyses | \r\n\t\t\t20% | \r\n\t\t
Mid-term test | \r\n\t\t\t30% | \r\n\t\t
Final examination | \r\n\t\t\t40% | \r\n\t\t
Total | \r\n\t\t\t100% | \r\n\t\t
Week | \r\n\t\t\tTopic | \r\n\t\t\tReadings | \r\n\t\t
1 | \r\n\t\t\tIntroduction to MCS | \r\n\t\t\tChaps 1-6 | \r\n\t\t
Warm-up cases: | \r\n\t\t||
Leo’s Four-Plex Theater | \r\n\t\t||
Wong’s Pharmacy | \r\n\t\t||
2-3 | \r\n\t\t\tAdvanced Management Accounting Concepts and Applications | \r\n\t\t\tHandouts | \r\n\t\t
Cases: | \r\n\t\t||
Atlanta Home Loan | \r\n\t\t||
Armco, Inc.: Midwestern Steel Division | \r\n\t\t||
4 | \r\n\t\t\tResponsibility Centers and Transfer Pricing | \r\n\t\t\tChap 7 | \r\n\t\t
Cases: | \r\n\t\t||
Kranworth Chair Corporation | \r\n\t\t||
Toyota Motor Sales, USA, Inc. | \r\n\t\t||
5 | \r\n\t\t\tPlanning and Budgeting | \r\n\t\t\tChap 8 | \r\n\t\t
Cases: | \r\n\t\t||
Citibank Indonesia | \r\n\t\t||
HCC Industries | \r\n\t\t||
6-8 | \r\n\t\t\tPerformance Measurement and Control \r\n\t\t\tRemedies to Myopia Problem \r\n\t\t\tControl for uncontrollable factors | \r\n\t\t\tChaps 10-12 | \r\n\t\t
Cases: | \r\n\t\t||
Behavioral Implications of Airline Depreciation Accounting Policy Choices | \r\n\t\t||
Las Ferreterias de Mexico, S.A. de C.V. | \r\n\t\t||
Berkshire Industris PLC | \r\n\t\t||
9-11 | \r\n\t\t\tIncentive Systems \r\n\t\t\tCorporate Governance and Boards of Directors \r\n\t\t\tControllers and Auditors | \r\n\t\t\tChaps 12 (continued), 9, 13, 14 | \r\n\t\t
Cases: | \r\n\t\t||
Harwood Medical Instruments PLC | \r\n\t\t||
Tsinghua Tongfang Co. Ltd. | \r\n\t\t||
Hoffman Discount Drugs, Inc. | \r\n\t\t||
12 | \r\n\t\t\tEthical issues and Review for final | \r\n\t\t\tChap 14 (continued), 15 | \r\n\t\t
Case: | \r\n\t\t||
Formosa Plastics Group. | \r\n\t\t||
13 | \r\n\t\t\tRevision | \r\n\t\t\tChap 15 (continued) & Revision | \r\n\t\t
Case: | \r\n\t\t||
Conservative Accounting in the General Products Division | \r\n\t\t