Managerial Accounting

Course No: ACC 185

Course Title: Managerial Accounting

Number of credits: 3

Catalog Description

This course continues to develop the foundation for a thorough understanding of basic accounting principles. Emphasis is placed on the accounting issues that are relevant to the corporate form of business organization including, but not limited to, long-term liabilities, investments, dividends and retained earnings. Other topics within the framework of this course include cash flow statements, and an introduction to cost accounting concepts and systems including budgetary planning. Prerequisite: Financial Accounting.

 

Learning Outcomes

At the completion of this course, students will be able to:

  • Achieve solid understanding of the different cost concepts within a business environment
  • Understand how product costs are calculated
  • Become familiar with the main managerial accounting tools used for decision-making purposes
  • Prepare budgets and calculate and analyze variances
  • Evaluate investment projects

 

Required Reading  

Peter C. Brewer, Ray H. Garrison, and Eric W. Noreen Introduction to Managerial Accounting, 7th edition (International Edition). McGraw Hill (ISBN: 9781259253126)