Business Management - Managerial Accounting

Managerial Accounting (BUSN 2224)

Total Credits: 4
Lecture Credits: 4.00

Description: This course is designed to provide you with an understanding of what kind of information is needed by management, where this information can be obtained, and how this information is used by managers as they carry out their planning, control, and decision-making responsibilities.

Topical Outline:

Learning Outcomes:
1. 1. Evaluate the applicability of financial information and non-financial information to management decision making
2. 2. Interpret how the different cost classifications are used in decision making
3. 3. Distinguish the various methods of applying overhead
4. 4. Demonstrate the advantages and disadvantages of both variable and absorption costing and the impact it has on net operating income
5. 5. Demonstrate comprehension of direct materials standards, direct labor standards; how they are set and how variances to actual are interpreted
6. 6.Create various types of budgets which such as master budgets and flexible budgets

Prerequisites: 

BUSN 2202.