LEARNING OUTCOMES OF THE COURSE UNIT
The course of management accounting emphasizes the internal business-building role of accounting and finance professionals who design, implement, and manage internal systems that support effective decisions, and support, plan, and control the organization's value-creating operations.
This course covers basic topics of management accounting and introduces a business management approach to the development and use of accounting information.
Major topics include cost classification, cost behavior, cost-volume-profit analysis, budget and variance analysis, and decision-making.
The course goals are to develop an understanding of cost analysis, budgeting and to develop business decision making skills using management accounting information within the above mentioned topics.
COURSE CONTENTS SUMMARY
- Managerial Accounting: An Overview.
- Managerial Accounting and Business Decision Making.
- Managerial Accounting and Cost Concepts.
- Job-Order Costing.
- Process Costing.
- Cost-Volume-Profit Relationships.
- Variable Costing and Segment Reporting.
- Activity-Based Costing.
- Master Budget.
- Flexible Budgets and Performance Analysis.
- Management Accounting and Business Ethics.
- Standard Costs and Variances.
- Differential Analysis.
- Capital Budgeting.
- ICT, Enterprise Resource Planning and Business Intelligence.
- Introduction to Managerial Accounting, 6/e,
Peter C. Brewer, Miami University, Ray H. Garrison, Brigham Young University (Emeritus), Eric W. Noreen, University of Washington (Emeritus),
Copyright year: 2013.
- Professor's lecture note.