ACCT - 205. Managerial Accounting

3 credit(s)
This course is an introduction to the principles of managerial accounting for business managers, accountants, and analysts. Emphasis is placed on the development and use of accounting information and data analytics to support managerial decision-making in manufacturing, service, and merchandising operations. Topics include the following: basic cost behaviors, differences between product costs and period costs, understanding the impact cost structures have on profits as conditions change, allocation of indirect costs, the concept of relevant costs, the development of budgets to plan and monitor operations, making decisions based upon quantitative and qualitative factors, and the need for ethical behavior.

Prerequisite(s): ACCT 200; Basic computer spreadsheet competency, including creating basic data charts and graphs from CSIS 010 or CSIS 011 or CSIS SSX or SCDV 110; and BAAS 130 or MATH 110.
Attribute: BUS, ISP