ACCT 202 Introduction to Managerial Accounting*
This is an introduction to cost accounting principles and the use of such information in making business decisions. The course covers job order and process costing, cost-volume-profit behavior, standard costs, flexible budgets, decentralization, relevant costs, and capital budgeting. The emphasis of the course is in the use and analysis of the accounting information rather than in preparation of specialized cost accounting reports
ACCT 202Introduction to Managerial Accounting*
Please note: This is not a course syllabus. A course syllabus is unique to a particular section of a course by instructor. This curriculum guide provides general information about a course.
I. General Information
II. Course Specification
Course Type
Program Requirement
Credit Hours Narrative
3 Credits
Semester Contact Hours Lecture
45
Semester Contact Hours Lab
0
Semester Contact Hours Clinical
0
Prerequisite Narrative
ACCT 201
III. Catalog Course Description
This is an introduction to cost accounting principles and the use of such information in making business decisions. The course covers job order and process costing, cost-volume-profit behavior, standard costs, flexible budgets, decentralization, relevant costs, and capital budgeting. The emphasis of the course is in the use and analysis of the accounting information rather than in preparation of specialized cost accounting reports
IV. Student Learning Outcomes
Upon completion of this course, a student will be able to:
- Understand basic managerial and cost accounting concepts such as cost volume profit and product costing.
- Explain and apply cost behaviors and cost systems in a decision making context.
- Explain the importance of cost allocation in decision making.
- Prepare, use, and evaluate budgetary data.
- Use relevant cost information when making pricing and resource allocation decisions.
- Evaluate capital expenditure decisions including the use of discounted cash flow.
- Describe sustainability and its value to business.
V. Topical Outline (Course Content)
VI. Delivery Methodologies
Specific Course Activity Assignment or Assessment Requirements
Homework Participation in class discussions Chapter Tests Comprehensive Final Exam 1. 2.