ACCT& 203: Principles of Accounting III

Credits 5
Quarter Offered
Distribution List
Academic Elective

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)


2.0 or higher in ACCT& 202

  1. Compare and contrast managerial accounting from financial accounting.
  2. Determine product costs using job order and process costing systems.
  3. Analyze, compute, and evaluate problems related to cost-volume-profit and incremental analysis.
  4. Prepare budget data and determine their use in planning and control.
  5. Evaluate business challenges and opportunities using managerial accounting concepts.