Advanced Managerial Accounting

NYU Stern Policies

Please read the NYU Stern Policies for this course.

Undergrad ACCT-GB 6331 Concentrations

• Accounting

Overview

This course is offered only for undergrads.

Takeaways

Cost analysis

• Non-linear costs
• Activity-based costing (ABC) and management (ABM), time-driven ABC
• Target costing, life cycle costing, and value chain analysis

Investment evaluation

• NPV, IRR, ROI, residual income, and EVA
• Financial and non-financial KPIs
• Real options

Incentives

• Designing pay for performance
• Flexible and zero-based budgeting
• Advanced variance decomposition

Interdependencies

• Joint costs
• Bundled products
• Transfer pricing and its international tax implications

Prerequisites

Managerial Accounting (ACCT-UB.4)

Materials

I use my materials. Therefore, no textbook is required, and you need not purchase anything.

Attendance and penalty for missing classes

Requiring attendance is necessary for several reasons. First, you incorrectly assume you can catch up on a missed class by watching a recording (if available). Videos do not engage your brain as much as a live class. Second, less than 20% of you watch the recording (if available). You are then lost in class, which provides the wrong signals to me as an instructor. Third, your absence hurts class discussions. Fourth, you miss out on feedback if you do not work through the questions I pose in class. Fifth, I lose the feedback since there are fewer questions.

The policy below will be in effect only after the add/drop period.

Without mandatory attendance, attendance is often below 50%. Therefore, though I dislike doing this, I penalize absences. If you anticipate being absent for good reasons, please email me well in advance. Please enter "Excused" on the attendance sheet described below to avoid the penalty if approved. If you miss a class due to emergencies and cannot tell me in advance, do not panic. Take care of the emergency first, and then email me. I will permit you to change the "Absent" to "Excused." But if you miss a class without a valid reason, there is a penalty, as stated below.

For sections meeting in 150-190 minute sessions, you will lose one grade (A to A-, A- to B+, B+ to B, B to B-, and so on) for EVERY missed session unless you were explicitly excused via email. Thus, if you miss two class sessions, you will lose two grades, and so on.

For sections meeting in 75-80 minute sessions, you will lose one grade (A to A-, A- to B+, B+ to B, B to B-, and so on) for EVERY TWO missed sessions unless you were explicitly excused via email. Thus, if you miss four class sessions, you will lose two grades, and so on.

Please sit in the same seat in every class and display your name tags. For Zoom classes, you must keep your video on AT ALL TIMES. You must also have a good working headset or mic, as it is extremely rude to be inaudible and force me to ask you to repeat yourself. After entering the class, please mark yourself present on the OneDrive sheet within the first 20 minutes (link posted on Brightspace). You will be marked absent if you are more than 20 minutes late, unless it is due to factors beyond your control (traffic, subway delays, or interviews running late). You will also be marked absent if you leave the class early unless you have my permission or get it afterward. You will get an F in the course if you are caught cheating on the attendance sheet.

Exams and Grading

Please read about the penalty for missing classes above.

• Assignments: 25%
• Midterm: 25%
• Final exam: 50%

System Requirements

• You need to be in the following systems before the start of the first class:
  • Albert
  • NYU Brightspace
  • If you are a non-Stern student, Stern automatically creates a Stern account for you when registering for a Stern course. All class emails are sent to your Stern email, not NYU email. Please forward your Stern email to your NYU email.
• If you are blocked from accessing these systems, please ask the administration to expedite matters. Given the complexity of these systems, I cannot manually add you to any system.
• Only registered students can attend. I cannot override this NYU rule.
• You will need a computer in every class. Either MAC or Windows will work.

Help and Office

• Me: dgode@stern.nyu.edu, 212-998-0021, Office: KMC 10-86.
• Teaching assistant: Please check NYU Brightspace.

Assignments

• All assignments are mandatory. I will email you once the assignments are ready. You will then get an email from Almaris with your user id and password. Log in to view the online assignments at https://www.almaris.com/assess/. The email is sent to the email official Stern email. The Almaris password is different from the Stern password. You can retrieve the password anytime by entering your official email (no aliases) and leaving the password blank.
• You can learn concepts from others but must work on the assignment alone. You may be called to explain your answer to the assignments in class.
• I might update the deadlines as the course progresses. The deadlines shown at Almaris are the correct deadlines. NO EXTENSIONS will be granted for any reason except medical or family emergencies. If you have religious or personal conflicts, submit the assignments early. The related materials are covered well in advance of the assignments. Please do not email me to request extensions unless you have a medical or family emergency. Some assignments are short; others are long. Please manage your time.
• Assignments are marked “late” if you do not meet or exceed the passing score described below before the deadline. There is no additional penalty for lateness other than a low score.
• I set the passing score at 100% if you should ace the assignment. However, you do not "fail" the assignment if you do not ace it. Whatever you get on your last attempt is your final score.
• Almaris is offering these tests to Stern at no charge since I am a co-founder of Almaris.
• Almaris staff is not authorized to extend deadlines under any circumstances. Only my TAs can do that. Almaris staff will reply to your emails only if they pertain to technical issues with the Almaris system. Please contact Stern IT for technical issues with your network.

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