MANAGERIAL ACCOUNTING (4 SCU)

Learning Outcomes :

Upon successful completion of this course, students are expected to be able to evaluate techniques for analyzing and managing costs for developing competitive advantage, discuss decision making in responsibility centres, discuss different issues resulting from the application of various performance measures and budgets for control, evaluate issues arising from the division of the organization into responsibility centres, discuss pricing strategies and their consequences, and evaluate other supporting information to support project appraisal.

Topics :

The course focuses on the long-term insights of costs and their drivers to develop competencies needed to analyse, plan, and manage costs to support organizational strategy. It aims to develop students’ knowledge and skills in managing and controlling performance in various units in line with any short-term budget and long-term strategy while taking into consideration the risks affecting the strategy and operations of the organization.

Prerequisite: Cost Accounting