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 and nonfinancial information
necessary to make organizational control and performance
evaluation decisions, consistent with the organization’s 
strategy.

Learn to anticipate how using financial information for control
and performance evaluation affects employees' incentives and
behavior, and how to mitigate dysfunctional consequences.

Students will learn to develop a balanced scorecard that reflects
the organization’s strategy, and then use the scorecard to
evaluate the performance of the organization and its managers.
Then the course will focus on performance evaluation and control
measures for the financial portion of the balanced scorecard, as
appropriate for the type of responsibility center.  Specifically,
the course will cover budgeting, standard costing, and variance
analysis for controlling and evaluating cost centers and revenue
centers; variable and throughput costing for evaluating profit 
centers; and return on investment, residual income, and economic
value added measures for evaluating investment centers.  Topical
coverage will integrate behavioral considerations - how using
financial information for control and performance evaluation
affects employees’ incentives and actions, including ways to
anticipate and mitigate dysfunctional consequences.