BA 213 Managerial Accounting

Introduction to tools and techniques for analyzing accounting information to make management decisions in a manufacturing context. Topics include cost accounting terminology and processes, cost-volume-profit analysis, special decision analysis, and budgeting.

Credits

4

Prerequisite

BA 211 

Course Learning Outcomes

Upon successful completion of this course, the student will be able to:
1. Explain the meaning and application of management accounting terms relating to costs, processes and decision models
2. Understand the quantitative and qualitative strengths and weaknesses of accounting-based decision tools
3. Understand the important features and uses of various cost accounting methods
4. Identify and use relevant accounting data to facilitate cost-volume-profit analysis, make-or-buy decisions, lease/purchase decisions and other management problem solving
5. Prepare and evaluate master budgets, both flexible and static
6. Evaluate capital budgets using net present value concepts