Advanced Managerial Accounting

Catalog description

Students in this course study the theory and application of managerial accounting by creating product costing strategies that optimize organizational performance, support internal investment decisions using capital budgeting techniques, and create sourcing and transfer pricing policies using a variety of incremental costing and cost-volume-profit tools. Students will integrate costing activities with operating and cash budgets that support organizational goals and evaluate organizational performance using balanced scorecard and other holistic methods. Real-world problems and applications will be incorporated to maximize the development of skills valued by the market place. Biblical and ethical principles will be integrated throughout the course.