ADM 2223

Subject: Business Administration
Course No. and Title:

ADM 2223 Managerial Accounting

Credit Value:

Three (3) credit hours

Benefits of the course

  • The course is a required course for the CPA(Chartered Professional Accounting) professional accounting program.
  • Accounting is the language of business. An understanding of ADM1213 and ADM2223 will enable an individual to speak and understand this language.
  • The course will introduce students to concepts and tools and that can be applied to many situations, both personal and professional.
Course Description:

Financial Accounting, which is covered in ADM1213, focuses on the provision of financial information for parties external to an organization. Managerial Accounting, on the other hand, focuses on the financial/economic information needs of individuals inside the organization.

Internal decision makers need information for short-term planning and control as well as for long-term strategic planning and non-routine decision-making. The objective of this course is to provide you with a clear understanding of basic concepts and techniques used in managerial accounting. The techniques and concepts you will be exposed to will focus on those that facilitate the planning, control and decision making activities of an organization.

By the conclusion of this course, you should be able to:

  • Recognize, understand and work with costs that behave in different ways.
  • Develop product and service costs using various overhead allocation methods.
  • Understand how to account for inventory and cost of goods sold using a job order costing system.
  • Use cost/volume/profit analysis as an analytical tool.
  • Prepare a master budget.
  • Differentiate among responsibility centres and be able to analyze Return on Investment and Residual Income to assist in the evaluation of responsibility centres.
  • Explain the use of balanced scorecards to assess performance.
  • Comprehend the concept of relevant cost analysis and be able to apply it to the analysis of alternatives for various types of decisions. 

ADM 1213 (ADM 2213 prior to Sept. 2012)

Course Author:

Elin Maher, Faculty of Business Administration, UNB
Phone: 506 459-0898

Course Features:

The course material includes videos, textbook readings, discussion groups, online assignments, online quizzes and an online final examination

Course Format:

The course is divided into eight modules, each of which corresponds to one chapter in the textbook. Most modules start with a short video providing an overview of chapter content. Each module then directs the learner to: the required reading; a discussion group and an online graded assignment. In addition, there is an online graded quiz at the end of modules 3, 5, 7 and 8. After the eight modules are completed an  Exam Request Form, which is available from the exams section of the College of Extended Learning Website: Student Information, must be completed to arrange a time and location to write the final examination. A mark of at least 50% must be achieved on the final examination in order to receive final grade of C or greater.

Mandatory course material:
  1. Textbook: Garrison, Libby, Webb; Managerial Accounting, Tenth Canadian Edition, McGraw-Hill Ryerson, 2015.
  2. McGraw-Hill Connect: McGraw-Hill Connect is a web-based assignment and assessment program.  Assignments, quizzes and the final will be written in Connect. In addition to providing access to testing and assignment material, Connect also has a number of valuable resources, including an e-book that is an electronic version of the textbook.  If a new textbook is purchased then a free Connect access code is provided.

    If a used textbook is purchased a student will also need to purchase a Connect access code. The cost to purchase the access code is approximately $100* so this must be kept in mind when making the decision to purchase a used textbook.

    * This is the 2015 price.  Prices are subject to change.

Textbooks can be ordered from the UNB Fredericton Bookstore:

Assignments & Examinations:

The final grade will be based on online assignments, online quizzes and an invigilated online final examination. A mark of at least 50% must be achieved on the final examination in order to receive final grade of C or greater.

All mid-term exams and final exams for online courses will be invigilated at an approved time and location. Please refer to the Online Exam Request Form to book.

Time Limit:

Six months


Online courses are subject to an additional $100 non-refundable online fee per course. Fees are subject to change by the Board of Governors.
More information on fees for this course.

Methods of Payment:

Once you complete the Apply Now form below, please send payment.

Methods of payment accepted:

  • Cash (Do not send in the mail. Please deliver to the College of Extended Learning, 2nd Level, Wu Centre, UNB Fredericton Campus)
  • Cheque or money order (Mail to UNB College of Extended Learning, PO Box 4400, Fredericton, New Brunswick, E3B 5A3)
  • MasterCard / VISA / American Express (Please call the College of Extended Learning at 1-866-599-4646  or 506 453-4646 with your credit card number, expiry date, and the name as it appears on the card. Please do not send credit card information via email).

Apply now!

If you have previously registered in this online course and wish to register again, please contact us at 453-4646 to complete the registration process.