In this course, students will:

* Develop critical thinking and analytical skills necessary to
evaluate ideas and information, and to tackle unstructured 
problems.

* Develop and interpret financial information necessary for
internal operational and strategic decisions.  This includes
determining the costs and profitability of different products,
services, and customers; strategic cost management techniques;
and pricing strategies.  Students will use this financial
information to make informed strategic and operational business
decisions. 

* Learn to recognize when a particular management accounting
technique is appropriate.  Unlike financial accounting, there are
no "generally accepted management accounting principles."  Each
company uses different reports and analyses, and most companies
use some subset of the tools in this course.  Because no single
approach is always appropriate, students will learn to recognize
when and where a particular tool is likely to be useful.  

* Understand and appreciate the role that financial information
plays in guiding business operations, and ultimately, the flow of
capital in the marketplace (i.e., see the big picture).

Specific topics include:

* Cost-volume-profit analysis

* Determining costs to produce different products, to provide
different services, and to serve different customers, including
activity-based costing and strategic cost management

* Cost-based pricing and target pricing

* Identifying which products, services, and customers to target

* Identifying relevant costs and revenues to make outsourcing
decisions