SCM860 - Financial and Management Accounting

Subject Title
Financial and Management Accounting

Subject Description
The central focus of this subject is the preparation and use of accounting information to facilitate the decision making necessary to plan, direct and control the operations of a particular enterprise. The subject is delivered in the context appropriate for non-accounting students.

Credit Status
One graduate certificate level credit.

Learning Outcomes
Upon successful completion of this subject the student will be able to:

1. Set goals and objectives for supply chain operations in order to ensure the company vision is supported.
2. Direct day-to-day supply chain operations to ensure the goals and objectives of the company are met on an ongoing basis.
3. Evaluate the results of business operations to keep the company on track to meet their goals and objectives.
4. Recommend a course of action between alternate supply chain scenarios, based on sound financial criteria so that businesses can understand the impacts of alternatives and make informed decisions.
5. Create financial and managerial accounting statements, including income statement, balance sheet, cost of goods manufactured, cost of goods sold, journal entries, budgets and balanced scorecards so that company costs and performance can be measured, and data-driven decisions taken to improve operations.
6. Recommend a course of action between alternate capital investments so that companies can make better decisions on their use of capital resources.

Academic Integrity
Seneca upholds a learning community that values academic integrity, honesty, fairness, trust, respect, responsibility and courage. These values enhance Seneca's commitment to deliver high-quality education and teaching excellence, while supporting a positive learning environment. Ensure that you are aware of Seneca's Academic Integrity Policy which can be found at: http://www.senecapolytechnic.ca/about/policies/academic-integrity-policy.html Review section 2 of the policy for details regarding approaches to supporting integrity. Section 2.3 and Appendix B of the policy describe various sanctions that can be applied, if there is suspected academic misconduct (e.g., contract cheating, cheating, falsification, impersonation or plagiarism).

Please visit the Academic Integrity website http://open2.senecac.on.ca/sites/academic-integrity/for-students to understand and learn more about how to prepare and submit work so that it supports academic integrity, and to avoid academic misconduct.

Discrimination/Harassment
All students and employees have the right to study and work in an environment that is free from discrimination and/or harassment. Language or activities that defeat this objective violate the College Policy on Discrimination/Harassment and shall not be tolerated. Information and assistance are available from the Student Conduct Office at student.conduct@senecapolytechnic.ca.

Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Accessibility Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.

Camera Use and Recordings - Synchronous (Live) Classes
Synchronous (live) classes may be delivered in person, in a Flexible Learning space, or online through a Seneca web conferencing platform such as MS Teams or Zoom. Flexible Learning spaces are equipped with cameras, microphones, monitors and speakers that capture and stream instructor and student interactions, providing an in-person experience for students choosing to study online.

Students joining a live class online may be required to have a working camera in order to participate, or for certain activities (e.g. group work, assessments), and high-speed broadband access (e.g. Cable, DSL) is highly recommended. In the event students encounter circumstances that impact their ability to join the platform with their camera on, they should reach out to the professor to discuss. Live classes may be recorded and made available to students to support access to course content and promote student learning and success.

By attending live classes, students are consenting to the collection and use of their personal information for the purposes of administering the class and associated coursework. To learn more about Seneca's privacy practices, visit Privacy Notice.