ACT 2010 - Managerial Accounting

(3 units)

An extensive analysis of the role of managerial accounting in the decision-making process and in the control of an organization’s resources; various analytical tools are introduced including cost volume-profit analysis, budgeting with standards and variances, net present value and other capital expenditure assessment methods; application of job order and process costing systems; and the allocation of costs through traditional and activity-based costing systems; the discussion of ethical issues facing the business professional are integrated into the curriculum.
Prerequisites: ACT 1010