Managerial Accounting

Learning Outcomes

Upon successful completion of this course, students are expected to be able to explain and interpret the importance of accounting information for internal parties – primarily management – in terms of the objectives and characteristics of that information; compare and contrast managerial and financial accounting concepts; apply and distinguish a variety of type of costs and how they are used by management for daily decision making.

Topics

This course involves the development and interpretation of accounting information intended specifically to assist management in operating the business. Managers use this information in setting the company’s overall goals, evaluating the performance of departments and individual, deciding whether to introduce a new line of products, and making virtually all types of managerial decision.