MANAGERIAL ACCOUNTING (4 Credits)

Learning Outcomes:

On successful completion of this Course, students will be able to: Discuss the role of management accountants in an organization; Calculate cost classifications, cost behavior, cost volume profit relationship; Calculate Variable Costing, Activity-Based Costing, Profit Planning, and Flexible Budgets Performance Analysis; Prepare The Balance Score Card, Pricing Products, Profitability Analysis, Transfer Pricing, and Sustainability Report; Appraise strategic business through planning and decision support.

Topics:

1. Managerial Accounting and the Business Environment;
2. Cost Concepts;
3. Cost Behavior: Analysis and Use;
4. Cost-Volume-Profit Relationships;
5. Absorption Costing and Variable Costing;
6. Master Budgeting;
7. Activity-Based Costing: A Tool to Aid Decision Making;
8. Flexible Budgets and Performance Analysis;
9. Differential Analysis: The Key to Decision Making;
10. Performance Measurement in Decentralized Organizations;
11. Pricing Products and Services;
12. Profitability Analysis;
13. Transfer Pricing;
14. Sustainability Report;
15. Cost Volume Profit & Contribution Approach Income Statement;
16. Absorption Costing and Variable Costing;
17. Master Budgeting & Flexible Budget;
18. Differential Analysis: The Key to Decision Making;
19. Pricing product & The Balanced Scorecard;
20. Transfer Pricing.