ACC 203 - Managerial Accounting

 
Description
Utilization of accounting information for purpose of managerial control and decision-making. Topics include an analysis of financial statements and accounting reports, cash flow analysis, cost- volume-profit analysis, cost accounting concepts, and budgeting as tools for planning control.

1. Evaluate financial information from a managerial viewpoint.
2. Utilize cost-related information in designing a cost control system.
3. Prepare and analyze budget information.
4. Prepare and interpret cash flow statements.
5. Interpret information gained when analyzing financial statements.
6. Perform various cost-volume-profit analysis including breakeven analysis.

1. Evaluate financial information from a managerial viewpoint.
2. Utilize cost-related information in designing a cost control system.
3. Prepare and analyze budget information.
4. Prepare and interpret cash flow statements.
5. Interpret information gained when analyzing financial statements.
6. Perform various cost-volume-profit analysis including breakeven analysis.

PLANNED SEQUENCE OF TOPICS OR LEARNING ACTIVITIES:
    Mandatory Topics:

1. Cost-volume-profit analysis
2. Budgets
3. Variances
4. Managerial accounting concepts
5. Principles and terminology
6. Job order cost system
7. Process cost system
8. Cash flow statement
9. Ratio analysis
10. Capital investment analysis (discounted cash flows)
11. Differential analysis

   Optional Topics:

1. Product Pricing
2. Just In Time Inventory
3. Activity-Based Costing
4. Economic Order Quantities
5. Decentralized Operations

Optional:
Wall Street Journal, Journal of Accountancy, Value Line, Moody Industrial, Standard and Poors,
and other Accounting and Business periodicals

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