Instructor:  Timothy Farmer, Ph.D. CPA
1212 Tower
Email: farmert@umsl.edu
Office Hours: Tuesday, Thursday, 10:30-11:00 AM., 5:00-5:30 PM.,and by appointment

Objective:

This course covers some basic conceptual and procedural topics related to providing useful information
for management to assist in guiding and controlling te operations of the firm. Product costing for financial
reporting purposes is also included as a major focus of the course. Emphasis is placed on reasonning,
not on memorization. It is expected that you will further develop analytical skills through problem-solving
and thoughful participation in class discussion as part of the preoparation for a professional career.

Prerequisite: AC5400-Financial & Managerial Accounting

Text: Cost Management: Accounting and Control, 4th edition, D. Hansen and M Mowen, Southwesten, 2003.

Topics:
Chapter 1 - Introduction to Cost Management
Chapter 2 - Basic Cost Management Concepts
Chapter 3 - Activity Cost Behavior
Chapter 4 - Product & Service Costing:  Overhead Application and Job Order Costing
Chapter 5 - Product & Service Costing:  A Process Systems Approach
Chapter 12 - Activity Based Costing
Chapter 14 - Activity Based Management
Chapter 21 - Activity Resource Usage Model and Tactical Decision Making
Chapter 8 - Budgeting for Planning and Control
Chapter 9 - Standard Costing:  A Functional Based Control Approach

Students who are enrolled in this course may obtain a detailed syllabus and additional course materials  through MY GATEWAY.