ACC 117 Principles of Managerial Accounting

Prerequisite: ACC 113 with a C or higher
3 credits

Managerial accounting is centered on the use of accounting information as a management tool for decision-making, performance evaluation, planning and controlling operations. The fundamental concepts of inventory valuation under job order and process costing methods, cost behavior patterns, cost volume profit analysis, variable costing, budgeting, transfer-pricing and activity-based costing are studied.