ACCT& 203 : Principles of Accounting III

Managerial concepts are explored through accounting systems, management reports, and special analysis for decision making; costvolume-profit analysis; incremental analysis; responsibilities accounting; operational and capital budgeting; and standard cost systems. (E)


2.0 or higher in ACCT& 202.

Course Outcomes

  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.