PRINCIPLES OF MANAGERIAL ACCOUNTING

Catalog description

Managerial Accounting builds on the skills, tools, and techniques developed in financial accounting and focuses on the internal use of accounting information for planning, controlling, and decision-making. The course emphasizes the development of managerial decision-making skills through the analysis and interpretation of cost behavior and performance measures. Topics include various cost concepts, cost-volume-profit analysis, variable and absorption costing with segment reporting, activity-based costing, budgeting, variance analysis, and differential analysis as a basis for informed managerial decisions.