Zicklin School of Business, Baruch College, CUNY
INTRODUCTION AND COURSE ROADMAP
Igor Vaysman
Managerial Accounting
OBJECTIVES
Explore the role of managerial accounting in creating shareholder value
Equip you with tools to understand, evaluate, use accounting reports
when making decisions
Look at common pitfalls
Discuss “traditional” techniques
Explore modern innovations
2
COURSE OVERVIEW
I. Estimating and managing profitability of products, services, customers
Using simple reports to capture complex economic reality.
What do managers want from reports?
How are the numbers computed?
Problems and opportunities: reports and value creation or
destruction.
COURSE OVERVIEW
II. Tactical and strategic decisions. Incentives
Value-maximizing decisions: relevant and irrelevant info in reports.
Decisions and cost of capital.
Strategic issues.
Separation of ownership and control: incentive problems and
solutions.
4
COURSE INFO
Optional Textbook: Managerial Accounting, Garrison, Noreen, and Brewer:
new 17th or old (used) 16th edition. Syllabi linked to both editions
Class session: mix of lecture and cases
Two copyrighted cases
Readings and cases: prepare before class
Lecture slides: on Blackboard before class
Hand-written notes: on Blackboard shortly after class
Feedback: PLEASE
GRADES
Midterm: Blackboard October 26, 6:30pm – 8:30pm 40%
covers only ideas, topics, concepts from class
no make-up midterm
Final: Blackboard tentatively December 21, 6:00pm – 8:00pm 40%
covers only ideas, topics, concepts from class
Cases: Roomrunner Security Solutions in-class October 12 10%
Falco Scooters (A) due November 23, 5:30pm 10%
case write-ups graded based on effort
6
GRADES
No extra credit: above weights are the same for everyone
- not possible to make up for poor performance by doing extra work
Re-grading: after each exam, you have one week to review the exam for
errors in grading. After that period, no re-grading any part of your exam
- all requests for re-grading must be submitted in writing
SAMPLE PROBLEMS, EXAMS
LOW- to MID-LEVEL COMPLEXITY:
Self-study problems from textbook, in syllabus
Much better textbook problems for second half of course
SAMPLE EXAMS: Will post on Blackboard
SOLUTIONS: On Blackboard
