7/26/2019 Baldenius Spring 16 (3303.20, FT)

http://slidepdf.com/reader/full/baldenius-spring-16-330320-ft 1/6

Professor Tim BaldeniusNYU Stern School, 10-75 KM

!aldenius"stern#n$u#edu%1%-&&'-00%%

 

ACCT-GB.3303.20 — Financial Planning

and Analysis

Spring 2016 (Fullti! Pr"gra#

T!ntati$! % as "& 6'10'16

C"urs! !scripti"n and Sylla)us

C"urs! d!scripti"n*  This is an introductor$ course in (nancial)lannin* + anal$sis, in short P. /a##a# mana*erial accountin*# No

)rior no2led*e of the material is re3uired or e4en e)ected# The (rsthalf of the course de4elo)s a set of tools for measurin* )ro(ta!ilit$ !$)roduct, customer, etc# The second half a))lies these tools todetermine the )erformance of !usiness units in decentrali6ed (rmsand of the mana*ers runnin* the units# or instance, 2hat 2ould !e a*ood )erformance measure for a mana*er 2ho maes lon*-termin4estment decision on !ehalf of her shareholders, !ut 2ho ma$ ha4ea short )lannin* hori6on /the 8m$o)ic mana*er9 )ro!lem:

 The follo2in* s)eci(c to)ics 2ill !e co4ered

• Product costin* for decision-main*

• Pro(ta!ilit$ anal$sis• Bud*etin* and 4ariances

• ;ecentrali6ation and transfer )ricin*

• Performance e4aluation for mana*ers of )ro(t centers

• Performance e4aluation for mana*ers of in4estment centers

•  The 8<ar of Metrics9 ash lo2, =>., ustomer ?ifetime >alue,Balanced Scorecard, etc#

C"urs! at!rials and "rgani+ati"n* @n addition to the coursereader that 2ill !e a4aila!le in class for $ou to )ic u), @ 2ill hand out

/and )ost online detailed lecture notes in ad4ance# Please al2a$s readthem !efore class to ensure 2e ha4e a li4el$ discussion#  Therecommended /not re3uired tet!oo is Aorn*ren, ;atar and aCan

/,, 8Cost Accounting−  A Managerial Emphasis,” 15th ed.  or

*eneral u)dated information once the course has started, )lease checthe online s$stem# @ 2ill mae li!eral use of email#

1

7/26/2019 Baldenius Spring 16 (3303.20, FT)

http://slidepdf.com/reader/full/baldenius-spring-16-330320-ft 2/6

C"urs! "rgani+ati"n* lass time 2ill consist of lectures, casediscussions and *uest s)eaers# 

2

7/26/2019 Baldenius Spring 16 (3303.20, FT)

http://slidepdf.com/reader/full/baldenius-spring-16-330320-ft 3/6

Grading sc!!*lass )artici)ation 10DMidterm eam %5Dinal eam EEDAome2or /' assi*nments E%D

T! idt!r !/a ill )! split int" t" parts t" ta! plac! inClass!s 10 11.

,"!"r assign!nts and cas! studi!s* =4er$ assi*nment 2ill!e clearl$ mared as either *rou) or indi4idual assi*nment# @f it ismared as indi4idual assi*nment, then $ou ha4e to 2or on it !$$ourself and ma$ not com)are $our solution 2ith that of $ourclassmates# or *rou) assi*nments $ou are stron*l$ encoura*ed tocolla!orate in *rou)s# The *rou) si6e is ca))ed at F students#

@ 2ill hand out /and )ost online the assi*nments 1-% classes !eforethe$ are due# @ encoura*e online su!missions !ut can also collect)a)er su!mission in class# .ll su!missions are due at the !e*innin* ofclass on the due da$# Please al2a$s retain a co)$ of $our home2orsolution to facilitate class discussion# @f $ou cannot mae it to class,$ou ha4e to su!mit electronicall$ )rior to class# @ cannot acce)t latesu!missions !ecause the solutions 2ill !e )osted online !$ the end ofthe due date# @f $ou canGt meet an assi*nment deadline for someim)ortant reason, $ou need to let me no2 )rior to the class, and @Gllassi*n a mae-u) )ro!lem set#

.ll assi*nments 2ill !e *raded !ased on eHort# The reason is thatsome assi*nments, in )articular case stud$-!ased ones, are for2ard-looin* in that $ouGll ha4e to 2or on to)ics that 2e 2onGt ha4eco4ered $et in class# <ith the hel) of the lecture notes, $ou are asedto mae $our !est attem)t at sol4in* the case so that 2e ha4e a *ood!asis for de4elo)in* the solution to*ether in class#

T! c"d! "& c"nduct appli!s.

T!acing assistant*  Iianchuan ?uo,  Cluo"stern#n$u#edu ;arr$l Birt2istle, dC!FF&"stern#n$u#edu 

4y "5c! "urs*  <ednesda$s, FF5-5F5, and !$ a))ointment,10-75 KM

3

7/26/2019 Baldenius Spring 16 (3303.20, FT)

http://slidepdf.com/reader/full/baldenius-spring-16-330320-ft 4/6

  78 Full-Ti! 4BA Acct-GB.3309.20 % Financial Planning Analysis Spring 2016

Part A* Funda!ntals "& Financial Planning and Analysis (FPA#

Class 1* 4"n F!) 1 2016 A. :ntr".dditional readin* Tet!oo /A;, ha)ters 1 /sim and F

Class 2* ;!d F!) 3 2016 A. Basics "& Pr"ductC"sting (1#

 Class 3* 4"n F!) < 2016 A. Basics "& Pr"ductC"sting (2#

B. Acti$ity-Bas!d C"sting ' ABC (1#ase “Ethical Drugs”.dditional readin* A;, h# 5

Class =* ;!d F!) 10 2016 B. Acti$ity-Bas!dC"sting ' ABC (2#

.ssi*nment J1 duease “Wilkerson” 

> C?ASS > 4> F@B 19 (P@S:@TS A7#

Class 9* ;!d F!) 1 2016 B. Ti!-ri$!n ABC.ssi*nment J% due

ase “Compton Financial” 

Class 6* 4"n F!) 22 2016 C. arianc! Analysis(1#

ase “Dumm”.dditional readin* A;, h# 7

Class * ;!d F!) 2= 2016 C. arianc! Analysis(2#

.ssi*nment JE duease “Dumm !"edu#$”, “%eanie &ids” 

Class <* 4"n F!) 2D 2016 . !cisi"n 4aing(1#

.dditional readin* A;, h# 11 /si) the .))endi on linear)ro*rammin*

Class D* ;!d 4ar 2 2016 . !cisi"n 4aing(2# 4idt!r !$i!

.ssi*nment JF due

4

7/26/2019 Baldenius Spring 16 (3303.20, FT)

http://slidepdf.com/reader/full/baldenius-spring-16-330320-ft 5/6

ase “Denim Finishing” 

Class 10* 4"n 4ar 2016 4idt!r @/a Part1

Class 11* ;!d 4ar D 2016 4idt!r @/a Part2

Spring Br!a* 4arc 1=-20

Class 12* 4"n 4ar 21 2016 @. Cust"!rPr"Eta)ility Analysis (1#

.dditional readin* A;, h# 1F

Part B* 8s! "& FPA in i$isi"nali+!d Firs* P!r&"ranc!

4!asur!!nt and :nc!nti$!s

Class 13* ;!d 4ar 23 2016 Gu!st Sp!a!r* Pilyan

hairman of the !oard of S2iss e for the.mericas

Class 1=* 4"n 4ar 2< 2016 @. Cust"!rPr"Eta)ility Analysis (2#

.ssi*nment J5 duease “%ankinter”  

Class 19* ;!d 4ar 30 2016 F. Pr"Et C!nt!rs (1#.dditional readin* A;, h# %%

Class 16* 4"n Apr = 2016 F. Pr"Et C!nt!rs (2#.ssi*nment J due

ase 8Su! Micron9

Class 1* ;!d Apr 6 2016 F. Pr"Et C!nt!rs (3#

Class 1<* 4"n Apr 11 2016 Gu!st Sp!a!r*

 un" 7aat"Princi)al - Transfer Pricin*, P2

Class 1D* ;!d Apr 13 2016 G. :n$!st!ntC!nt!rs (1#

A;, h# %E

5

7/26/2019 Baldenius Spring 16 (3303.20, FT)

http://slidepdf.com/reader/full/baldenius-spring-16-330320-ft 6/6

Class 20* 4"n Apr 1< 2016 G. :n$!st!ntC!nt!rs (2#

.ssi*nment J7 duease  8>$aderm9

Class 21* ;!d Apr 20 2016 Gu!st Sp!a!r* anyt!r)and =L, rederic <# oo + o#, @nc

Class 22* 4"n Apr 29 2016 G. :n$!st!ntC!nt!rs (3#

Class 23* ;!d Apr 2 2016 ,. Balanc!dSc"r!card (1#

.dditional readin* A;, h# 1&ase 8Store%F9 

Class 2=* 4"n 4ay 2 2016 ,. Balanc!dSc"r!card (2#

.ssi*nment J' duease 8iti!an9

Class 29* ;!d 4ay = 2016 :nc!nti$!s andC"ntr"l

ase 8Kidder, Pea!od$9

Class 26* 4"n 4ay D 2016 ;rap-up and Final!$i!

Final @/a* 4"nday 4ay 16

6