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Managerial and cost Accounting

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by

Feras Jaber

on 23 April 2013

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Transcript of Managerial and cost Accounting

Sam
Athletic Director OCR’s rule for compliance with title IX:
•Effective accommodation of athletic interests and abilities of men and women necessary for providing equal athletics opportunities.
KSU apparent problem in meeting title IX compliance is associated with rule one, no problems were noted in complying with the second and third rules. No person in the United States shall, on the basis of sex, be excluded from participation in, be denied the benefits of, or be subjected to discrimination under any education program or activity receiving federal financial assistance.
“Compliance with Title IX is vital for institutions receiving federal financial supports.” Jane
Internal Auditing Director
Please focus on controls on athletic department’s expenditures as well as compliance with Title IX I believe that the auditors through CSA can identify and correct actual or potential problem areas within the university Jane
Internal Auditing Director KSU does not meet the first criterion, proportionality, KSU’s undergraduate student population is 53% female, and the percentage of varsity female athletes is only about 40 %.
Although we did not meet the other two is well. To be in compliance with title IX KSU must meet one of three criteria in relation to rule 1:

•The percentage of male/female athletes must be substantially proportionate to the percentages of the male/female undergraduate student body.
•Fully and effectively accommodate the interest and abilities of the underrepresented gender.
•Demonstrate continuing progress in the expansion of programs for the underrepresented gender. I know other schools are playing the ratio game and reducing men’s programs. Is it fair to cut men programs who their hearts in sports? By being proactive we can decide how to allocate our resources rather than having the allocation dictated to us by the university administration I know other schools are playing the ratio game and reducing men’s programs. Is it fair to cut men programs who their hearts in sports? Moose
Men Football Coach
I don’t agree, the lost resources can provide an equal opportunity for the advancement of women athletics. It is what the law is all about. Karen
NCAA Compliance Officer Sam
Athletic Director Suppose we cut down men’s program so that the percentage of women athletics is 53%, what would this add to women? The saving will be used to improve women sports’, it will be used by the university for other things.
Can’t we increase our offering of women’s sports instead?
Karen
NCAA Compliance Officer Sam
Athletic Director Is there a demand for another team?
Where are we going to get the funds?
Let’s check the second criterion… Karen
NCAA Compliance Officer I believe we meet this criterion.
Every year we conduct athletic survey on the abilities and interests of students.
Based on the survey results we don’t have problem. Jane
Internal Auditing Director About third criterion, We don’t fund new programs for women’s sports, so we don’t meet this one as well.
From my calculations the university spends $36760 for every male student athlete and $29084 per female. There is an argument about how accurate these limited survey result maybe.
I don’t want any guessing that we might be in compliance with Title IX with respect to this criterion.
And we can’t afford conducting bigger survey that may take years. Sam
Athletic Director Doesn’t the rule say “continued expansion”? I don’t necessarily imply the addition of new sports program, as you interpret it. Rather, as long as we continue to allocate more funds towards existing women’s sports, then we are in compliance, aren’t we? Why don’t we go for private funds?
Laura
Women Soccer Coach Jane
Internal Auditing Director I think it means new programs
Sam
Athletic Director We have been directed not to do so. Requirement 1: Identify the three criteria KSU can use in determining whether the university is with compliance with title IX requirements of equal accommodation of the athletic interests, abilities, and opportunities of male and female students athletes.

The percentage of male/female athletes must be substantially proportionate to the percentages of the male/female undergraduate student body.
The university must fully and effectively accommodate the interest and abilities of the underrepresented gender.
The university demonstrates continuing progress in the expansion of programs for the underrepresented gender. Requirement 2: A critique of Kingston State’s current allocation of indirect costs (as prepared by the internal audit department).

KSU currently allocates the indirect costs of athletic department (approximately one half of the total costs) on the basis of the ratio male-to-female athletes participating in intercollegiate sports.
At KSU 59.7 percent of the athletes are males and 40.3 are females.
The total cost per student athlete is $36,760 for men, and $29,084 for women.
Although cost allocation based on the proportion of male and female students athletes appears to be a reasonable allocation method, use of this method of indirect cost allocation does not meet Title IX guidelines.
One way to meet the guidelines is to show that equal funding is provided to male and female athletes on a per athlete basis.
Requirement 3: Identify possible methods for ensuring compliance with title IX, at least two of which involve reallocation of indirect costs, Sam directed us to determine a reallocation of indirect cost that indicates more money is being spent on women’s sports than the existing method of overhead allocation. Include schedules of supporting calculations and provide details of any assumptions you made in performing your calculations.

Eliminations of men’s sports
Addition of women’s sports
Reallocation of indirect costs
Requirement 4: Identify which method of documenting compliance with title IX you would see implemented, use the ethical decision model.

Application of the Ethical Decision – Making model:
(1) Determining the facts:
(2) Identify stakeholders and Ethical issues.
(3) Specifying alternatives
(4) Compare alternatives and assess the consequences
(5) Making a decision
Full transcript