MANAGERIAL ACCOUNTING (8 SCU)

Learning Outcomes:

Upon successful completion of this course, students are expected to be able to explain cost concepts and how costs behave, apply different methods of cost allocations, analyze management accounting and performance, apply profitability planning, apply tools for budgeting and planning purposes, analyze possible management improvements on performance, analyze ethical issues in managerial accounting decisions, and explain the concept of environmental management accounting.

Topics:

The course develops students’ skills in cost accounting and analytical managerial accounting for decision making. Students will learn the basics of costs and cost allocations. They will continue to the level of profitability planning and monitoring at the managerial level. As part of the course, environmental accounting will be part of the discussion. The knowledge in environmental accounting will be the base of the more specific course of sustainability in the later stage of study.

Prerequisite(s): Microeconomics; Principles of Accounting