SESSION:1 Accounting as a Tool for Managers
1.1 Define Managerial Accounting and Identify the Three Primary Responsibilities of Management

SESSION:1 Accounting as a Tool for Managers
1.2 Distinguish between Financial and Managerial Accounting

SESSION:1 Accounting as a Tool for Managers
1.3 Explain the Primary Roles and Skills Required of Managerial Accountants

SESSION:1 Accounting as a Tool for Managers
1.4 Describe the Role of the Institute of Management Accountants and the Use of Ethical Standards

SESSION:1 Accounting as a Tool for Managers
1.5 Describe Trends in Today’s Business Environment and Analyze Their Impact on Accounting

SESSION:1 Accounting as a Tool for Managers
Key Terms

SESSION:1 Accounting as a Tool for Managers
Summary

SESSION:1 Accounting as a Tool for Managers
Multiple Choice

SESSION:1 Accounting as a Tool for Managers
Questions

SESSION:1 Accounting as a Tool for Managers
Exercise Set A

SESSION:1 Accounting as a Tool for Managers
Exercise Set B

SESSION:1 Accounting as a Tool for Managers
Thought Provokers

SESSION:2 Building Blocks of Managerial Accounting
2.1 Distinguish between Merchandising, Manufacturing, and Service Organizations

SESSION:2 Building Blocks of Managerial Accounting
2.2 Identify and Apply Basic Cost Behavior Patterns

SESSION:2 Building Blocks of Managerial Accounting
2.3 Estimate a Variable and Fixed Cost Equation and Predict Future Costs

SESSION:2 Building Blocks of Managerial Accounting
Key Terms

SESSION:2 Building Blocks of Managerial Accounting
Summary

SESSION:2 Building Blocks of Managerial Accounting
Multiple Choice

SESSION:2 Building Blocks of Managerial Accounting
Questions

SESSION:2 Building Blocks of Managerial Accounting
Exercise Set A

SESSION:2 Building Blocks of Managerial Accounting
Exercise Set B

SESSION:2 Building Blocks of Managerial Accounting
Problem Set A

SESSION:2 Building Blocks of Managerial Accounting
Problem Set B

SESSION:2 Building Blocks of Managerial Accounting
Thought Provokers

SESSION:3 Cost-Volume-Profit Analysis
3.1 Explain Contribution Margin and Calculate Contribution Margin per Unit, Contribution Margin Ratio, and Total Contribution Margin

SESSION:3 Cost-Volume-Profit Analysis
3.2 Calculate a Break-Even Point in Units and Dollars

SESSION:3 Cost-Volume-Profit Analysis
3.3 Perform Break-Even Sensitivity Analysis for a Single Product Under Changing Business Situations

SESSION:3 Cost-Volume-Profit Analysis
3.4 Perform Break-Even Sensitivity Analysis for a Multi-Product Environment Under Changing Business Situations

SESSION:3 Cost-Volume-Profit Analysis
3.5 Calculate and Interpret a Company’s Margin of Safety and Operating Leverage

SESSION:3 Cost-Volume-Profit Analysis
Key Terms

SESSION:3 Cost-Volume-Profit Analysis
Summary

SESSION:3 Cost-Volume-Profit Analysis
Multiple Choice

SESSION:3 Cost-Volume-Profit Analysis
Questions

SESSION:3 Cost-Volume-Profit Analysis
Exercise Set A

SESSION:3 Cost-Volume-Profit Analysis
Exercise Set B

SESSION:3 Cost-Volume-Profit Analysis
Problem Set A

SESSION:3 Cost-Volume-Profit Analysis
Problem Set B

SESSION:3 Cost-Volume-Profit Analysis
Thought Provokers

SESSION:4 Job Order Costing
4.1 Distinguish between Job Order Costing and Process Costing

SESSION:4 Job Order Costing
4.2 Describe and Identify the Three Major Components of Product Costs under Job Order Costing

SESSION:4 Job Order Costing
4.3 Use the Job Order Costing Method to Trace the Flow of Product Costs through the Inventory Accounts

SESSION:4 Job Order Costing
4.4 Compute a Predetermined Overhead Rate and Apply Overhead to Production

SESSION:4 Job Order Costing
4.5 Compute the Cost of a Job Using Job Order Costing

SESSION:4 Job Order Costing
4.6 Determine and Dispose of Underapplied or Overapplied Overhead

SESSION:4 Job Order Costing
4.7 Prepare Journal Entries for a Job Order Cost System

SESSION:4 Job Order Costing
4.8 Explain How a Job Order Cost System Applies to a Nonmanufacturing Environment

SESSION:4 Job Order Costing
Key Terms

SESSION:4 Job Order Costing
Summary

SESSION:4 Job Order Costing
Multiple Choice

SESSION:4 Job Order Costing
Questions

SESSION:4 Job Order Costing
Exercise Set A

SESSION:4 Job Order Costing
Exercise Set B

SESSION:4 Job Order Costing
Problem Set A

SESSION:4 Job Order Costing
Problem Set B

SESSION:4 Job Order Costing
Thought Provokers

SESSION:5 Process Costing
5.1 Compare and Contrast Job Order Costing and Process Costing

SESSION:5 Process Costing
5.2 Explain and Identify Conversion Costs

SESSION:5 Process Costing
5.3 Explain and Compute Equivalent Units and Total Cost of Production in an Initial Processing Stage

SESSION:5 Process Costing
5.4 Explain and Compute Equivalent Units and Total Cost of Production in a Subsequent Processing Stage

SESSION:5 Process Costing
5.5 Prepare Journal Entries for a Process Costing System

SESSION:5 Process Costing
Key Terms

SESSION:5 Process Costing
Summary

SESSION:5 Process Costing
Multiple Choice

SESSION:5 Process Costing
Questions

SESSION:5 Process Costing
Exercise Set A

SESSION:5 Process Costing
Exercise Set B

SESSION:5 Process Costing
Problem Set A

SESSION:5 Process Costing
Problem Set B

SESSION:5 Process Costing
Thought Provokers

SESSION:6 Activity-Based, Variable, and Absorption Costing
6.1 Calculate Predetermined Overhead and Total Cost under the Traditional Allocation Method

SESSION:6 Activity-Based, Variable, and Absorption Costing
6.2 Describe and Identify Cost Drivers

SESSION:6 Activity-Based, Variable, and Absorption Costing
6.3 Calculate Activity-Based Product Costs

SESSION:6 Activity-Based, Variable, and Absorption Costing
6.4 Compare and Contrast Traditional and Activity-Based Costing Systems

SESSION:6 Activity-Based, Variable, and Absorption Costing
6.5 Compare and Contrast Variable and Absorption Costing

SESSION:6 Activity-Based, Variable, and Absorption Costing
Key Terms

SESSION:6 Activity-Based, Variable, and Absorption Costing
Summary

SESSION:6 Activity-Based, Variable, and Absorption Costing
Multiple Choice

SESSION:6 Activity-Based, Variable, and Absorption Costing
Questions

SESSION:6 Activity-Based, Variable, and Absorption Costing
Exercise Set A

SESSION:6 Activity-Based, Variable, and Absorption Costing
Exercise Set B

SESSION:6 Activity-Based, Variable, and Absorption Costing
Problem Set B

SESSION:6 Activity-Based, Variable, and Absorption Costing
Thought Provokers

SESSION:7 Budgeting
7.1 Describe How and Why Managers Use Budgets

SESSION:7 Budgeting
7.2 Prepare Operating Budgets

SESSION:7 Budgeting
7.3 Prepare Financial Budgets

SESSION:7 Budgeting
7.4 Prepare Flexible Budgets

SESSION:7 Budgeting
7.5 Explain How Budgets Are Used to Evaluate Goals

SESSION:7 Budgeting
Key Terms

SESSION:7 Budgeting
Summary

SESSION:7 Budgeting
Multiple Choice

SESSION:7 Budgeting
Questions

SESSION:7 Budgeting
Exercise Set A

SESSION:7 Budgeting
Exercise Set B

SESSION:7 Budgeting
Problem Set A

SESSION:7 Budgeting
Problem Set B

SESSION:7 Budgeting
Thought Provokers

SESSION:8 Standard Costs and Variances
8.1 Explain How and Why a Standard Cost Is Developed

SESSION:8 Standard Costs and Variances
8.2 Compute and Evaluate Materials Variances

SESSION:8 Standard Costs and Variances
8.3 Compute and Evaluate Labor Variances

SESSION:8 Standard Costs and Variances
8.4 Compute and Evaluate Overhead Variances

SESSION:8 Standard Costs and Variances
8.5 Describe How Companies Use Variance Analysis

SESSION:8 Standard Costs and Variances
Key Terms

SESSION:8 Standard Costs and Variances
Summary

SESSION:8 Standard Costs and Variances
Multiple Choice

SESSION:8 Standard Costs and Variances
Questions

SESSION:8 Standard Costs and Variances
Exercise Set A

SESSION:8 Standard Costs and Variances
Exercise Set B

SESSION:8 Standard Costs and Variances
Problem Set A

SESSION:8 Standard Costs and Variances
Problem Set B

SESSION:8 Standard Costs and Variances
Thought Provokers

SESSION:9 Responsibility Accounting and Decentralization
9.1 Differentiate between Centralized and Decentralized Management

SESSION:9 Responsibility Accounting and Decentralization
9.2 Describe How Decision-Making Differs between Centralized and Decentralized Environments

SESSION:9 Responsibility Accounting and Decentralization
9.3 Describe the Types of Responsibility Centers

SESSION:9 Responsibility Accounting and Decentralization
9.4 Describe the Effects of Various Decisions on Performance Evaluation of Responsibility Centers

SESSION:9 Responsibility Accounting and Decentralization
Key Terms

SESSION:9 Responsibility Accounting and Decentralization
Summary

SESSION:9 Responsibility Accounting and Decentralization
Multiple Choice

SESSION:9 Responsibility Accounting and Decentralization
Questions

SESSION:9 Responsibility Accounting and Decentralization
Exercise Set A

SESSION:9 Responsibility Accounting and Decentralization
Exercise Set B

SESSION:9 Responsibility Accounting and Decentralization
Problem Set A

SESSION:9 Responsibility Accounting and Decentralization
Problem Set B

SESSION:9 Responsibility Accounting and Decentralization
Thought Provokers

SESSION:10 Short-Term Decision Making
10.1 Identify Relevant Information for Decision-Making

SESSION:10 Short-Term Decision Making
10.2 Evaluate and Determine Whether to Accept or Reject a Special Order

SESSION:10 Short-Term Decision Making
10.3 Evaluate and Determine Whether to Make or Buy a Component

SESSION:10 Short-Term Decision Making
10.4 Evaluate and Determine Whether to Keep or Discontinue a Segment or Product

SESSION:10 Short-Term Decision Making
10.5 Evaluate and Determine Whether to Sell or Process Further

SESSION:10 Short-Term Decision Making
Key Terms

SESSION:10 Short-Term Decision Making
Summary

SESSION:10 Short-Term Decision Making
Multiple Choice

SESSION:10 Short-Term Decision Making
Questions

SESSION:10 Short-Term Decision Making
Exercise Set A

SESSION:10 Short-Term Decision Making
Exercise Set B

SESSION:10 Short-Term Decision Making
Problem Set A

SESSION:10 Short-Term Decision Making
Problem Set B

SESSION:10 Short-Term Decision Making
Thought Provokers

SESSION:11 Capital Budgeting Decisions
11.1 Describe Capital Investment Decisions and How They Are Applied

SESSION:11 Capital Budgeting Decisions
11.2 Evaluate the Payback and Accounting Rate of Return in Capital Investment Decisions

SESSION:11 Capital Budgeting Decisions
11.3 Explain the Time Value of Money and Calculate Present and Future Values of Lump Sums and Annuities

SESSION:11 Capital Budgeting Decisions
11.4 Use Discounted Cash Flow Models to Make Capital Investment Decisions

SESSION:11 Capital Budgeting Decisions
11.5 Compare and Contrast Non-Time Value-Based Methods and Time Value-Based Methods in Capital Investment Decisions

SESSION:11 Capital Budgeting Decisions
Key Terms

SESSION:11 Capital Budgeting Decisions
Summary

SESSION:11 Capital Budgeting Decisions
Multiple Choice

SESSION:11 Capital Budgeting Decisions
Questions

SESSION:11 Capital Budgeting Decisions
Exercise Set A

SESSION:11 Capital Budgeting Decisions
Exercise Set B

SESSION:11 Capital Budgeting Decisions
Problem Set A

SESSION:11 Capital Budgeting Decisions
Problem Set B

SESSION:11 Capital Budgeting Decisions
Thought Provokers

SESSION:12 Balanced Scorecard and Other Performance Measures
12.1 Explain the Importance of Performance Measurement

SESSION:12 Balanced Scorecard and Other Performance Measures
12.2 Identify the Characteristics of an Effective Performance Measure

SESSION:12 Balanced Scorecard and Other Performance Measures
12.3 Evaluate an Operating Segment or a Project Using Return on Investment, Residual Income, and Economic Value Added

SESSION:12 Balanced Scorecard and Other Performance Measures
12.4 Describe the Balanced Scorecard and Explain How It Is Used

SESSION:12 Balanced Scorecard and Other Performance Measures
Key Terms

SESSION:12 Balanced Scorecard and Other Performance Measures
Summary

SESSION:12 Balanced Scorecard and Other Performance Measures
Multiple Choice

SESSION:12 Balanced Scorecard and Other Performance Measures
Questions

SESSION:12 Balanced Scorecard and Other Performance Measures
Exercise Set A

SESSION:12 Balanced Scorecard and Other Performance Measures
Exercise Set B

SESSION:12 Balanced Scorecard and Other Performance Measures
Problem Set A

SESSION:12 Balanced Scorecard and Other Performance Measures
Problem Set B

SESSION:12 Balanced Scorecard and Other Performance Measures
Thought Provokers

SESSION:13 Sustainability Reporting
13.1 Describe Sustainability and the Way It Creates Business Value

SESSION:13 Sustainability Reporting
13.2 Identify User Needs for Information

SESSION:13 Sustainability Reporting
13.3 Discuss Examples of Major Sustainability Initiatives

SESSION:13 Sustainability Reporting
13.4 Future Issues in Sustainability

SESSION:13 Sustainability Reporting
Key Terms

SESSION:13 Sustainability Reporting
Summary

SESSION:13 Sustainability Reporting
Multiple Choice

SESSION:13 Sustainability Reporting
Questions

SESSION:13 Sustainability Reporting
Questions

SESSION:A |
Financial Statement Analysis

SESSION:B |
Time Value of Money

SESSION:C |
Suggested Resources

SESSION:1 Accounting as a Tool for Managers
Answer Key

SESSION:2 Building Blocks of Managerial Accounting
Answer Key

SESSION:3 Cost-Volume-Profit AnalysisAccounting
Answer Key

SESSION:4 Job Order Costing
Answer Key

SESSION:5 Process Costing
Answer Key

SESSION:6 Activity-Based, Variable, and Absorption Costing
Answer Key

SESSION:7 Budgeting
Answer Key

SESSION:8 Standard Costs and Variances
Answer Key

SESSION:9 Responsibility Accounting and Decentralization
Answer Key

SESSION:10 Short-Term Decision Making
Answer Key

SESSION:11 Capital Budgeting Decisions
Answer Key

SESSION:12 Balanced Scorecard and Other Performance Measures
Answer Key

SESSION:13 Sustainability Reporting
Answer Key