ACC 257 : Managerial Accounting
This course examines the accountant's role in the business organization. It covers cost-volume-profit relationships with emphasis on break-even computations, profit planning, relevant costs and the contribution approach to short-term decisions, cost-behavior patterns, operational budgeting, financial budgeting, and capital budgeting. Students create management reports using Excel spreadsheet techniques. Prerequisite: ACC 102 with C or better or permission of department chair. Recommended: MAN 101 and MAR 101. Three lecture hours per week. Instructional Support Fee applies.
MAN 101 and MAR 101.
- Define and discuss terms used in contemporary managerial accounting.
- Explain the functional role of managerial accounting and its impact on the success of an organization.
- Define ethics as it relates specifically to managerial accounting, as well as to business and to general society.
- Do break-even computations, as well as other types of profit planning estimates.
- Explain operational, financial and capital budgeting, both verbally and in writing.
- Prepare internal performance reports of the business, including using excel spreadsheet techniques, and be able to communicate the results verbally and in writing.
- Analyze internal performance reports of the business, including using excel spreadsheet techniques, and be able to communicate the results verbally and in writing.