ACCB 226 Accounting for Decision Making*
This course will provide the student with an understanding of cost concepts, cost behavior, and cost accounting techniques as it applies to manufacturing cost systems. The student learns the principles and procedures of job order costing, process costing, and standard costs.
ACCB 226Accounting for Decision Making*
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
48
Semester Contact Hours Lab
0
Semester Contact Hours Clinical
0
Prerequisite Narrative
ACCB 131
Grading Method
Letter grade
III. Catalog Course Description
This course will provide the student with an understanding of cost concepts, cost behavior, and cost accounting techniques as it applies to manufacturing cost systems. The student learns the principles and procedures of job order costing, process costing, and standard costs.
IV. Student Learning Outcomes
Upon completion of this course, a student will be able to:
- Use rations to analyze financial statement and articulate in writing what the analysis means.
- Accurately prepare statement of cash flows
- Demonstrate how to create various reports managers use to evaluate revenue and costs
- Demonstrate how to create department level financial reports and articulate in writing what the report means.
- Journal and post financial information specific to manufacturing businesses
V. Topical Outline (Course Content)
Financial Statement Analysis
The Statement of Cash Flows
Introduction to Managerial Accounting
Job Order Costing
Process Costing
Cost-Volume-Profit Analysis
Master Budgets
Flexible Budges and Standard Cost Systems
Cost Allocations and Responsibility Accounting
Short-Term Business Decisions
K. Capital Investment Decisions
VI. Delivery Methodologies
Required Assignments
Chapter homework associated with above mentioned chapters.
Required Exams
Chapter Tests as needed.
Final Exam-Comprehensive
Required Text
Horngren’s Accounting –The Managerial Chapters by Miller-Nobles, Mattison, and Matsumura 11th edition2. MyAccountingLab
Specific Course Activity Assignment or Assessment Requirements
Chapter homework associated with above mentioned chapters.
Chapter Tests as needed.
Final Exam-Comprehensive
1.
2.