COURSE NUMBER: MBA 224A.2
This is a first-year gateway course and is not available for second-year bidding. Second-years must wait until the add/drop process begins in January to add this class.
COURSE TITLE: Managerial Accounting
UNITS OF CREDIT: 2 Units
INSTRUCTOR: Dennis Geyer
E-MAIL ADDRESS: dgeyer@haas.berkeley.edu
CLASS WEB PAGE LOCATION (HTTP URL): Catalyst
MEETING DAY(S)/TIME: Tuesday, 2:00P.M. – 4:00 P.M.
PREREQUISITE(S): MBA202 Financial Reporting
CLASS FORMAT: Combination of lecture and case discussions
REQUIRED
BASIS FOR FINAL GRADE: Combination of midterm, final, class participation and an optional project to substitute for final exam.
ABSTRACT
OF COURSE CONTENT AND OBJECTIVES:
An introductory course providing an overview of
the managerial use of financial and nonfinancial
information for a variety of purposes including managerial decision analysis,
external financial reporting, strategic product costing, organizational
planning and performance evaluation. The
emphasis is on developing and using information to support value creation by
management. The course is divided into
five parts:
Part
A. Basic Cost Concepts
This
part involves an introduction to basic cost concepts. A distinction is made between the measurement
principles used in cost accounting for external financial reporting purposes
and those used in activity-based systems used for product costing and strategic
initiatives.
Part
B. Cost Analysis for Decision-Making
This
part explores the analysis of financial and nonfinancial
information to evaluate the economic impact of decisions to acquire and deploy
resources. It involves a framework for
analyzing both short-term and long-term decisions that includes an evaluation
of incremental, sunk and opportunity costs.
Part
C. Cost Accounting Systems
This
part presents the development and use of cost accounting systems for external
financial reporting purposes. It
illustrates the relationship among cost accumulation, cost allocation, and cost
application systems. The emphasis is on
cost measurement for inventory valuation purposes.
Part D.
Cost Planning & Control Systems
This
part describes how organizations develop and use budgets for planning and
expenditure control. Various approaches
to budgeting are introduced including static, flexible, functional, and activity-based
budgeting. Students are also exposed to
the design and use of managerial performance evaluation systems.
Part
E. Cost Management Systems
This part focuses on understanding the causes of cost and using this information to manage an organization’s processes and the resources necessary to support them. It describes contemporary approaches to cost management based on resource consumption including strategic, life-cycle, and activity-based cost management systems.
BIOGRAPHICAL SKETCH:
Dennis Geyer has an international reputation as an expert in
cost management and is recognized as an authority on activity-based management
(ABM) including activity-based costing (ABC) and activity-based budgeting
(ABB). His consulting practice
specializes in strategic pricing, cost & performance measurement, cost
reduction strategies, and strategic operations analysis. By linking business process analysis with
finance, Mr. Geyer helps his clients identify opportunities to increase
financial performance through improved operational design. Mr. Geyer has provided strategic advisory and
systems design services to numerous clients in a wide variety of industries
including banking, manufacturing, telecommunications, transportation and
healthcare. Dennis is also sought after
as a speaker and educator. Besides
serving on the faculty at the Haas School of Business, Dennis has traveled
extensively, conducting public and customized seminars primarily to executive
audiences in the