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