MBA 506 - Management Accounting

(3 credits)

This course is designed for management personnel who are not accountants but need to understand and use accounting information in their decision making. Examines the framework underlying management accounting and describes how accounting information should be used to fulfill planning, control, and performance evaluation functions. Topics include job and process costing, standards, budgets, estimates; the interpretation and utilization of accounting reports and statements to control current operations and formulate policies for the future. Prerequisite: MBA 498 - Financial Accounting or (ACCT 101).