ACCT 2020 Managerial Accounting

Introduction to the fundamentals of management accounting for students who already have a basic knowledge of financial accounting. Topics include cost accumulation and product costing, managerial decision-making, and planning and control.

Registration Name

Managerial Accounting

Lecture Hours

Lab Hours

Credits

Prerequisite

ACCT 2010 and minimum ACT 19/SAT 510 or MATH 1005 or higher, or permission of instructor

Offered

Demorest: Fall and Spring, Online: Spring

Student Learning Outcomes

At the completion of this course, students will be able to:

Calculate the cost of manufacturing goods and providing services.
Understand the relationship between managerial accounting and the external financial statements.
Construct operational budgets based on operational goals and analyze variances and other forms of feedback to identify areas of improvement within the organization.
Perform cost-volume-profit analysis to assist in operational planning.
Evaluate two or more alternatives to determine the best course of action, considering both the quantitative and qualitative aspects.