MANAGERIAL ACCOUNTING (2 Credits)

Learning Outcomes:

On successful completion of this Course, students will be able to: Explain the role of management accountants in an organization; Identify cost classification for manufacturing companies, and classification of service department cost using the cost behaviour concept; Calculate cost classifications, cost behavior, and cost volume profit (CVP); Calculate Activity-Based Costing and financial budget for organization; Analyze cost concept for decision making.

Topics:

1. Managerial Accounting and the Business Environment
2. Cost Concepts
3. Cost-Behavior: Analysis and Use
4. Cost-Volume-Profit Relationships
5. Job-Order Costing
6. Process Costing
7. Activity-Based Costing
8. Master Budgeting
9. Flexible Budget and Performance Analysis
10. Differential Analysis: The Key to Decision Making

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