91-851, Managerial And Cost Accounting

12 units

Prerequisites: None

Delivery Format: On-Campus

Description:

This course provides an overview of cost estimation and analysis for internal managerial purposes. Techniques will be applied to for-profit, not-for-profit, health, education, arts and governmental organizations. The emphasis in this class is on how to use the information generated by the accounting system rather than on how to measure or record it.

The student will learn how to use cost information for three purposes:

To determine the cost of products and services;
To make managerial decisions about such actions as pricing, adding or dropping programs, and accepting projects; and
To set budgets and evaluate performance.

The instructor will present concepts and demonstrate cost accounting techniques. Weekly textbook and/or case assignments will be made for the student to apply these techniques. He or she should come to class prepared to discuss the uses and limitations of the cost information in the assigned problems.

A final grade for the course will be given based upon performance on a take-home midterm, and in-class final, and on class participation.

Last modified on June 15, 2006