Course ID: | ACCT 7100. 3 hours. |
Course Title: | Managerial I |
Course Description: | The design of accounting systems to serve the internal needs of
management with an emphasis on underlying theory. Product
costing, including activity-based costing; budgeting and other
planning applications, information for decision making, planning
and control application for decentralized organizations. |
Oasis Title: | MANAGERIAL I |
Duplicate Credit: | Not open to students with credit in ACCT 5100 or ACCT 5100H |
Nontraditional Format: | Students analyze three Harvard-style business cases on
different management accounting topics. This analysis requires
higher level integration and application of course content,
coupled with extensive technical analysis, in proposing
effective solutions to realistic ill-structured business
problems. The cases will be distributed the first week of
class. |
Prerequisite: | ACCT 6000 |
Semester Course Offered: | Offered fall and spring semester every year. |
Grading System: | A-F (Traditional) |
|
Course Objectives: | Students learn to prepare and interpret management accounting
information for both operational and strategic decision making.
Specifically, students learn how to determine the costs and
profitability of different products, services, and customers.
Students learn how to use that cost information along with
other cost and revenue data to prepare cost-volume profit
analyses, and to make informed strategic and operational
business decisions, such as identifying relevant revenues and
costs for special short-term decisions, such as accepting or
rejecting one-time only special orders. Students learn how to
use cost information to plan business operations, and to
measure performance of different responsibility centers and
their managers using techniques such as variance analysis.
Students learn to anticipate how management accounting
information affects employees' incentives and behavior, and how
to decide when and where a particular management accounting
tool is likely to be useful. |
Topical Outline: | 1. Job Costing
2. Activity-Based Costing
3. Process Costing
4. Cost-Volume-Profit Analysis
5. Relevant Costs and Business Decisions (e.g., pricing,
special orders, product mix, outsourcing)
6. Budgeting
7. Standard Costing and Variance Analysis
8. Other Topics (e.g., variable costing, other performance
measures) |