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

Credits

3 Credits

Semester Contact Hours Lecture

45

Semester Contact Hours Lab

0

Semester Contact Hours Clinical

0

Prerequisite

ACCT 201

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

Department

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

Repeatable

N

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.