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University of Toronto · Rotman Commerce · RSM222

RSM222
Management Accounting I.

Twelve weekly modules following the RSM222 schedule, from cost concepts and cost-volume-profit analysis through costing systems, budgeting and variance analysis to capital budgeting and the balanced scorecard. Each module has a quiz and a flashcard deck.

12
Weekly modules
Free
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Week by week, one card each.

  1. 01Introduction to Management Accounting & Cost Concepts
  2. 02Cost Behaviour & Cost Flows
  3. 03CVP Analysis
  4. 04Job-Order Costing
  5. 05Process Costing
  6. 06Activity-Based Costing
  7. 07Variable Costing
  8. 08Planning & Control: Budgeting
  9. 09Standard Costs & Variance Analysis
  10. 10Relevant Costs for Decision Making
  11. 11Capital Budgeting Decisions
  12. 12The Balanced Scorecard

Fall 2026, at a glance.

Grading scheme

RSM222 Fall 2026

RSM222 Fall 2026 grading components and weights
ComponentWeightWhen
Weekly Connect Homework10%Ongoing
Current Events Discussion (in class)20%In class
Midterm30%Friday, October 23, 4 to 6 pm (tentative)
Final Exam40%During the final exam period, scheduled by the Faculty of Arts and Science

From the published RSM222 Fall 2026 outline. Your section’s syllabus is the authority.

Grading scheme

RSM222 Winter 2026

RSM222 Winter 2026 grading components and weights
ComponentWeightWhen
Weekly Connect Homework10%Ongoing
Costing Assignment (individual)5%March 5 at 10 pm
Current Events Journal (group)15%February 26 at 10 pm (weeks 3 to 5) and April 2 at 10 pm (weeks 7 to 11)
Midterm30%Friday, February 13, 7 to 9 pm
Final Exam35%During the final exam period, scheduled by the Faculty of Arts and Science
Participation5%Ongoing

From the published RSM222 Winter 2026 outline. Your section’s syllabus is the authority.

AI policy · Fall 2026

Allowed as a learning aid; not for Connect homework, current events, the midterm or the final

The use of generative artificial intelligence tools and apps is strictly prohibited when completing Connect homework, current event discussion, mid-term and final exam. In this course, you may use generative artificial intelligence (AI) tools, including ChatGPT, Microsoft Copilot, as learning aids.

Quoted from the RSM222 Fall 2026 outline (Generative AI / ChatGPT). Read the full policy there before you rely on it.

In the calendar

RSM222H1: Management Accounting I

Covers the conceptual and analytical foundations of management accounting and the applications of cost accounting information. Costing and control concepts are analyzed to equip students with tools for establishing costing systems, making business decisions, and evaluating management performance. Materials are designed to help students understand strategic cost management principles. Not eligible for CR/NCR option.

Credit
0.5 FCE
Hours
24L/12T
Breadth
Society and its Institutions (3)
Prerequisite
RSM219H1; completion of the Rotman Commerce Guaranteed Admission requirements.

From the Arts & Science Academic Calendar.

Open RSM222, everything’s there.

Modules & quizzes

One card per week, each with its quiz.

Flashcards

Every module, its own deck.

Practice exams

Midterm and final, timed.

Mistake review

The questions you missed, back again.

Grading schemes

Know what every mark is worth.

AI policy

Quoted from the outline, never summarised.

RSM222

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