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ACCT 302 Accounting for management

Instructor
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36 Students enrolled
  • Description
  • Curriculum
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ACCT – 302 Accounting for Management is a self-study course whose grade is based on the final examination. This course of study that is necessary to be prepared for the final examination consists of eleven lessons based on the readings from the textbook. Students should read the entire text of all of the reading assignments. There are no formal homework assignments, but students are encouraged to answer all of the review questions at the end of each chapter to ensure that they have understood the relevant course material are well prepared for the final exam.

Course Description:
This course focuses on the fundamentals of managerial accounting. Emphasis is on accounting for a manufacturing concern, budgeting, planning, management decision making, and analysis of financial reports. Topics also include cost behavior and control, product cost accumulation and pricing, and responsibility accounting.

Learning Outcomes:
Upon successful completion of the course, students will be able to:

  • Describe the role of the managerial accountant within an organization
  • Categorize costs according to behavior and function and describe and calculate different costing methods.
  • Prepare financial budgets.
  • Apply managerial accounting techniques for decision-making.
    Compute the time value of money
  • Distinguish the nature of management accounting with financial accounting and its impact on global business
  • Explain the cost, profit, and volume analysis and responsibility accounting.
  • Prepare operational and capital budgets.
  • Explain the standard cost systems and the variance analysis.
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