In this course, you will discover how managers use accounting as a decision-making tool to allocate resources, set goals, and measure success. Focusing on the use of accounting for internal decision-making, students will explore topics such as cost behaviors, budgeting, performance evaluation, and cost-volume-profit analysis. The course also covers various costing methods, such as job order costing and process costing, and introduces students to concepts such as activity-based costing. The course will focus on real-world applications of managerial accounting and is ideal for students pursuing a career in accounting, business management, or entrepreneurship.
This class will meet synchronously for 3 hours per week and will include 1 hour of asynchronous instruction. Students should expect additional homework during the week.
This course serves as a prerequisite for Intermediate Accounting.
Anticipated Credit Equivalencies:
4 - Managerial and Cost Accounting
Registration
Students should have completed Principles of Financial Accounting or an equivalent course.
Academic Details
Accounting, Bookkeeping, Management