This course builds upon fundamental knowledge developed in ACCT 532 Financial Accounting. Students apply the concepts and methods of managerial accounting. Students will learn the differences between variable, fixed and mixed costs. Fundamental ethical principles of accounting as applied in real-world situations will be examined. Topics may include the business environment, cost concepts and classifications, job-order costing, process costing, cost behavior, relationships to volume and profits, variable costing, activity based costing, profit planning, standard costs, relevant costs, applications of differential cost analysis, cash flows, and economic value added.
Prerequisite(s): (MGMT 410 or MGMT 500G or MGMT 566 or MGMT 566G) and (ACCT 532 or ACCT 511G or MGMT 511G)
Equivalent(s): ACCT 515G, MGMT 510G
Campuses not allowed in section: Durham