UGA Bulletin

Course Description

Basic managerial accounting systems, concepts, and principles. The analysis, interpretation, and reporting of cost data for management's decision making needs. Cost-volume-profit analysis, budgeting, and performance reporting are discussed as they relate to other business disciplines.

Athena Title

Principles of Accounting II

Equivalent Courses

Not open to students with credit in ACCT 2102E, ACCT 2102H

Prerequisite

ACCT 2101 or ACCT 2101E or ACCT 2101H

Semester Course Offered

Offered every year.

Grading System

A - F (Traditional)

Student Learning Outcomes

Students will be able to classify costs according to activities on the value chain.
Students will be able to contrast job costing and process costing.
Students will be able to differentiate fixed and variable costs.
Students will be able to compute standard costs and variances.
Students will be able to design a business budget in Excel.

Topical Outline

Concepts and Decision Making Support
Cost Behavior
Cost Volume Profit Analysis
Job Order Costing
Process Costing
Activity-Based Costing
Profit Planning
Standard Costing
Flexible Budgets
Performance Evaluation
Variable Costing
Decentralization
Short Run Decision Making and Relevant Costing
Capital Investments
Statement of Cash Flows

Institutional Competencies

Analytical Thinking

The ability to reason, interpret, analyze, and solve problems from a wide array of authentic contexts.

Critical Thinking

The ability to pursue and comprehensively evaluate information before accepting or establishing a conclusion, decision, or action.

Syllabus

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