Description
This course is an introduction to managerial accounting methods for evaluating performance including cost accounting, budgeting, break-even analysis, ratio analysis, standard cost systems, and reporting for internal decision making. Also included are principles and procedures relating to cash flow analysis and corporations.
Prerequisites
"C" or higher in ACC 201 or "C" or higher in both ACC 124 and ACC 125.
Course Student Learning Outcomes (CSLOs)
- Analyze, record, report, and interpret business activities of a manufacturing organization using current accounting standards.
- Prepare information and reports that may be used by management for planning, control, and decision-making purposes.
- Perform various financial statement analyses.
- Evaluate alternatives using various methods of entity-wide and project financing.