Acctg 501 SPR21
Acctg 501 SPR21
Acctg 501 SPR21
Course Overview:
In financial accounting, you studied accounting information for decision-makers external to the
firm. In this course, we focus on information and decision making within an organization. The
objective will be to provide you with useful tools, based on accounting information, to improve
managerial decision-making and performance evaluation.
We will start by focusing on cost behavior and the systems organizations use to describe this
behavior. This part of the course will let us answer questions like: What should be considered in
choosing the mix of fixed costs versus variable costs in the firm’s cost structure? How will dropping
(or adding) a product affect profitability? How do we combine cost information with demand
information to make pricing decisions? Should a one-time special order be accepted or rejected?
How do we find the optimal product mix when there are constraints on total production?
We will then examine planning, control, and incentive mechanisms used in organizations. We will
discuss how firms construct profit plans (i.e., budgets) to coordinate activities and use variance
analysis to measure how actual results differ from expected results. We will also discuss
performance evaluation systems, touching on questions like: What are the tradeoffs of different
financial and non-financial metrics used to evaluate performance? How can these metrics be
incorporated into compensation plans? Why are organizational controls important to implement in
addition to incentive schemes? How do organizations facilitate planning and create optimal
incentives in special circumstances, such as for managers of a recently acquired firm?
To reflect the complexity of the topics in practice, our focus will be on solving cases. The cases
center on organizations in many different industries, from tech to medicine to real estate to
banking, and they incorporate both conceptual elements and quantitative exercises. In addition to
the cases, the course includes videos that introduce the main concepts of each module; videos of
recent interviews with executives; podcasts and readings (from both journals and popular press)
that illustrate concepts and provide relevant examples; and optional textbook readings, problems,
and TA sessions to help solidify content.
Faculty Info
Professor Teaching Assistant
Darren Bernard Ash Hyman
Email: bern0314@uw.edu Email: ahyman@uw.edu
Meetings by appt. Meetings by appt.
Delivery Method:
This course uses both live sessions and Canvas for content delivery. Canvas will be the primary
method for the facilitation of communications between faculty and students, posting course
materials and activities, submission of assignments, and posting of grades. Canvas can be accessed
at https://canvas.uw.edu/
Organization:
This course is organized by modules, which correspond to weeks in the Quarter.
Course Format:
Each module will provide you with a variety of learning experiences. You can expect the
following types of activities throughout the Quarter:
Live Sessions
The course consists of two hour and 15 minute weekly live class sessions. These sessions
provide an interactive forum for discussion of key case material, as well as an opportunity to
enjoy guest lectures. The Canvas module pages provide more specifics about the material that
should be completed before each live session. To minimize Zoom fatigue, we’ll take a 15 minute
break in the middle of each session.
Readings
The course includes selected readings from a variety of sources, including popular press and
journal articles.
Case Studies
All modules include two case studies. The first for each module is more quantitative, and
answers to the case questions must be prepared and submitted individually (though you are
welcome to discuss the case and potential solutions with other students). The second for each
module is more qualitative, and answers to the case questions must be submitted with your
groups. You can find the Harvard Business case and reading pack here:
https://hbsp.harvard.edu/import/807282.
Weekly Assignments
All modules require case preparation and the completion of the readings and/or videos and
other multimedia content. Students must submit answers to the case studies, as described
above. I will not grade the optional problem sets, but suggested solutions are posted on the
Canvas page.
Textbook (optional)
Introduction to Management Accounting, 16th edition (2014), Horngren, Sundem, Burgstahler
and Schatzberg. You can purchase a digital copy of this book on Amazon for much less than the
cost of a hardcopy copy. Textbook readings are primarily for reference, a useful resource for
reinforcing more challenging content. The text will be particularly helpful for students less
familiar with finance and accounting topics.
Exams
The course includes a midterm exam and a final exam.
Grading Policies
Submitting Assignments
Instructions for submitting assignments are included with the assignment descriptions within the
Canvas course site. Due dates for all graded work are included within each module page in the
Canvas course.
Grading Procedure
Grades reflect your performance on assignments and adherence to deadlines. The grading
turnaround time will be one week. Grades will be posted in the gradebook on the course site.
Rubrics
Most of the graded work in this course includes a grading rubric, which should help you
understand the requirements of the assignment and give you detailed feedback about your
performance. Rubrics will be included within the assignment description.
Class Participation
Class participation is extremely important. The class should be a common learning experience,
which makes it critical that you work well with group members and contribute effectively to in-class
discussions. In this vein, both the instructor and your team members will evaluate your participation
at the end of the term (see below). Some criteria that will be used to judge the effectiveness of your
participation include:
Activity %:
Midterm 30
Final 35
In particular, implementation of the Code at the Foster School of Business prohibits cheating,
attempted cheating, and plagiarism—including improper citations of source material—as it
pertains to academic work. Suspected violations will be handled in compliance with the University
of Washington Student Conduct Code as outlined in Washington Administrative Code 478-121.
Copyright
The course content is for class purposes only and are to be used only by the student enrolled in
the course. All rights reserved. No part of this course may be reproduced, distributed, or
transmitted in any form or by any means, including photography, video recordings, screenshots, or
other electronic or digital methods, without the prior written permission of the instructor.
If you have not yet established services through DRS but have a temporary health condition or
permanent disability that requires accommodations (conditions include but not limited to, mental
health, attention-related, learning, vision, hearing, physical or health impacts), you are welcome to
contact DRS at 206-543-8924 or uwdrs@uw.edu.
DRS offers resources and coordinates reasonable accommodations for students with disabilities
and/or temporary health conditions. Reasonable accommodations are established through an
interactive process between you, your instructor(s) and DRS. It is the policy and practice of the
University of Washington to create inclusive and accessible learning environments consistent with
federal and state law.
Course Evaluation
Course evaluations are done toward the end of the quarter during a predetermined time period.
Students will have approximately one week to complete their course evaluation, which is
delivered digitally from the UW Office of Educational Assessment.
All evaluations are anonymous and are used to make improvements to the course and are
included in a faculty member’s annual review. It is important to complete the evaluations and
provide your honest assessment both in the quantitative and qualitative measures.
If, as a UW student, you are living outside of the United States while taking courses remotely, you
are subject to the laws of your local jurisdiction. Local authorities may limit your access to course
material and take punitive action towards you. Unfortunately, the University of Washington has no
authority over the laws in your jurisdictions or how local authorities enforce those laws.
If you are taking UW courses outside of the United States, you have reason to exercise caution
when enrolling in courses that cover topics and issues censored in your jurisdiction. If you have
concerns regarding a course or courses that you have registered for, please contact your academic
advisor who will assist you in exploring options.
Technology
Network Use Policies
Please read the University of Washington’s Student Use of UW Computing Resources Policy.
Technology Requirements
This course requires Internet access and the following:
Network Outages
To monitor the status of campus networks and services, visit the ITConnect eOutages page at:
https://eoutage.uw.edu/
Canvas Support
https://itconnect.uw.edu/learn/tools/canvas/canvas-help-for-students/
This syllabus serves as a guideline for what to expect in this class and an implicit agreement between the instructor and the student.
Before contacting the instructional staff, please review these documents first to see if your question is addressed. Every effort will be
made to avoid changing the course schedule, but adjustments may be necessary to accommodate errors, omissions, or unforeseen
events (such as weather events).
In the event changes are made to the syllabus, students will be informed during class, on the course website, and via email. It is your
responsibility to be aware of these changes, so please check your email and the course site often.