ACC 106 Managerial Accounting
Managers in all organizations are confronted daily with the need to make decisions and solve problems. They need information for making informed judgments, solving problems and managerial control. Information is a valuable resource to an organization, and the management accounting system is the primary source for much of the information managers need and receive. Areas of emphasis include cost concepts, cost management and behavior, standard costing and variance analysis; cost-volume-profit analysis; budgetary controls; and responsibility accounting. Understanding the use of financial and managerial accounting for information for pricing, product costing, and operational, investment, and capital budgeting decisions, as well as the ethical implications of managerial accounting decisions are also covered. Prerequisite: ACC 105. Co-requisite: MAT 115.
Prerequisite
ACC-105
Corequisite
MAT-115
Offered
Spring Term
Yearly
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