Unit 10: Unit 10: Review and Reflection - Discussion

profilekdihl0
discussion_unit_10_managerial_accounting.docx

Unit 10: Unit 10: Review and Reflection - Discussion

The objective of this course was to emphasize the way in which managerial accounting information could be used to aid management.

· Discuss at least 3 ways in which you as a manager would utilize accounting techniques learned in this course.

· Reflect on the various topics covered in each chapter. What technical skill(s) would you want in a perspective employee you were going to hire as a managerial accountant?

· Examine your resume closely from a hiring manager’s point of view. What managerial skill did you learn from this class that you could add to your resume? Describe the skill.

COURSE DESCRIPTION                                                                      

This course emphasizes the way in which accounting information can be used to aid management in planning and controlling business activities. Topics covered include financial statement analysis, job order cost systems, cost-volume-profit analysis, budgeting, performance evaluation using standard costs, differential analysis, and product pricing.

 

COURSE OUTCOMES                                                                          

Course Outcomes: By the end of this course, you should be able to:

AB239-1: Interpret financial statement information.

AB239-2: Identify the characteristics of managerial accounting.

AB239-3: Identify classifications of costs and cost behaviors.

AB239-4: Examine the costs of materials, labor, and overhead.

AB239-5: Explain a job order cost accounting system.

AB239-6: Explain the budgetary process.

Unit # and Topic

Unit 1: Introduction to Managerial Accounting

Unit 2: Financial Statement Analysis

Unit 3: Managerial Accounting Concepts and Principles

Unit 4: Job Order Costing & Process Costing

Unit 5: Understanding Cost-Volume-Profit

Unit 6: Budgetary Planning

Unit 7: Budgetary Control and Responsibility Accounting/Organizational Control

Unit 8: Standard Costs and the Balanced Scorecard

Unit 9: Incremental Analysis and Capital Budgeting

Unit 10: Review and Reflection