Upon successful completion of this course, students are expected to: create and analyze business profit (budget) plans including the application of flexible budgets; explain various concepts of cost accounting management; apply and analyze a business using various accounting management concepts; and apply relevant cost and benefit and capital expenditure concepts for a decision analysis.
The objective of this course is to provide students with the necessary knowledge and skills in managerial accounting to be innovative and take the initiative to lead the organization towards growth and the creation of shareholders’ wealth. This course provides students with the knowledge of managerial accounting and how to use accounting information for management planning and control. Students will learn how to use management accounting information for planning, making business decisions, monitoring performance, evaluating the results, and making corrective decisions when necessary.
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