MANAGERIAL ACCOUNTING (3 Credits)

Learning Outcomes:

On successful completion of this course, student will be able to: LO1 – Identify the role of management accountants in an organization; LO2 – Calculate cost classifications, cost behavior, cost-volume-profit relationship; LO3 – Calculate variable costing, activity-based costing, master budgeting, and flexible budgets performance analysis; LO4 – Calculate differential analysis, pricing products, profitability analysis, transfer pricing, and capital budgeting; LO5 – Prepare the balance scorecard and sustainability report; LO6 – Appraise strategic business through planning and decision support

Topics:

1. TUT Responsibility Accounting Systems;
2. Strategic Performance Measurement;
3. TUT Differential Analysis: The Key to Decision Making;
4. TUT Cost-Volume-Profit Relationships;
5. Flexible Budgets and Performance Analysis;
6. Managerial Accounting and Overview;
7. TUT Master & Flexible Budgeting;
8. Pricing Products and Services & Profitability Analysis;
9. Differential Analysis: The Key to Decision Making;
10. Master Budgeting;
11. TUT Pricing Products and Services & Profitability Analysis;
12. Responsibility Accounting Systems;
13. Activity-Based Costing: A Tool to Aid Decision Making;
14. Cost Concepts;
15. TUT Absorption Costing and Variable Costing;
16. Absorption Costing and Variable Costing;
17. Capital Budgeting Decisions;
18. Cost-Volume-Profit Relationships;
19. Sustainability Reporting.