Managerial Accounting

Catalog description

This course is intended for individuals who need to be able to read, understand, and use accounting information to make managerial decisions. Emphasis is on managerial and cost accounting for internal decision making, including cost-volume-profit analysis and budgeting procedures. Elements of cost (materials, labor, overhead), product costing procedures (job order, process, standard, activity based, just-in-time), and variance analysis are studied. Managerial problems that depend upon accounting for adequate solutions are evaluated. These include but are not limited to capital investment, pricing, short-run decisions, and performance measurement and evaluation.