ACCT 6300Acct for Bus Executives

Catalog

Accounting serves the needs of both external and internal decision makers as they assess measure, communicate, evaluate, and change the financial position of an organization. We will discuss the theory and skills needed to interpret basic financial statements, considering a variety of standards, including GAAP, the AICPA and IMA codes of ethics, SEC requirements, and governmental requirements and how they align with the conceptual framework of accounting theory. We will also discuss cost behavior, costing systems, budgeting and variance analysis to support operational decision-making and the balanced scorecard to support strategic decision-making. Prerequisites: Undergraduate course or equivalent competency in Accounting I (Financial) and Accounting II (Managerial). Prerequisite or corequisite: BUS-5010 Foundations of Business II.