Managerial concepts are explored through accounting systems, management reports, and special analysis for decision making; cost volume-profit analysis; incremental analysis; responsibilities accounting; operational and capital budgeting; and standard cost systems. This class may include students from multiple sections. (Elective)
Prerequisites
2.0 or higher in ACCT& 202
Course Outcomes
- Compare and contrast managerial accounting from financial accounting.
- Determine product costs using job order and process costing systems.
- Analyze, compute, and evaluate problems related to cost-volume-profit and incremental analysis.
- Prepare budget data and determine their use in planning and control.
- Evaluate business challenges and opportunities using managerial accounting concepts.