Managerial Accounting

Course Objectives

• Understand the principles of managerial accounting
• Identify and record business events properly
• Produce financial statements appropriate for information purposes
• Analyze and interpret business financial statements
• Determine the basis of business decisions given relevant accounting data

What You Learn

• Globalization, governance and ethics in the business environment
• Accounting role 
• Cost types and behaviors
• Mixed-costs analysis
• Income statement formats
• Absorption vs. variable costing
• Predetermined Overhead Rates (POHR)
• Job order cost accounting
• Costs of goods manufactured, cost of goods sold
• Process cost accounting
• Cost/volume/profit relationships
• Variable costing
• Segment reporting
• Activity-based costing
• Profit planning
• Flexible budgets and performance analysis
• Standard costs of variances
• Performance measurement of decentralized organizations
• Differential analysis
• Capital budgeting decisions
• Statement of cash flows 

How You Learn

• Study modules
• Textbook readings
• Instructor commentary topics
• Class discussions
• Problems
• Quizzes
• Final examination

Is This Course Right for Me?
This class is geared for accounting students who are preparing to take the CPA exam.