Accounting for Managerial Decisions

Catalog description

Application of accounting to monitoring and improving the internal operation of an organization. ACCT 540ACCT 540 Managerial Accounting (3) Accounting is the language of economic activity. Managers in all organizations - business, government, and not-for-profit - use accounting information to make decisions. As such, managerial accounting is an important competency area for MBA graduates.Managerial Accounting addresses resource-related questions from a cost perspective. Relevant issues include resources consumed and the related cost of producing goods and providing services, and the effectiveness and efficiency of resource usage.