Acc 35: Managerial Accounting (3 units)

As a follow-up to Financial Accounting (Acc 20), this course introduces students to the vital role that management accounting information plays in organizations.  This will be discussed in three parts.  First is Cost Accounting, wherein the basic question centers on how much something costs.  Here, students will be exposed to value direct and indirect costs, variable and fixed costs, costs drivers, and standard costing systems.  Second is Differential Accounting, both short-term and long-term, wherein pricing, product-mix, make-or-buy, and capital budgeting decisions will be discussed.  Third is Responsibility Accounting, which explores topics in performance measurement, performance evaluation, responsibility centers, and management accounting systems.