ACCT 112 Principles of Accounting II

This course covers an introductory study of managerial accounting concepts and the significance of accounting information for managerial decision-making. The topics covered will emphasize a manager's use of information to carry out essential business functions in an organization to plan operations, control activities, and make decisions utilizing data analytics.

Credits

3

Prerequisite

ACCT 111

Hours Weekly

3

Course Objectives

1. Apply cost and managerial accounting concepts, terminology, methods, decision making, and measurement techniques.
2. Evaluate the appropriate use of variance analysis method to measure the key cost drivers.
3. Apply techniques used for forecasting, projection, and budgeting including cost benefit analysis, sensitivity analysis, and breakeven analysis.
4. Analyze financial valuation methods and decision models relating to asset and investment management.

Course Objectives

1. Apply cost and managerial accounting concepts, terminology, methods, decision making, and measurement techniques.
2. Evaluate the appropriate use of variance analysis method to measure the key cost drivers.
3. Apply techniques used for forecasting, projection, and budgeting including cost benefit analysis, sensitivity analysis, and breakeven analysis.
4. Analyze financial valuation methods and decision models relating to asset and investment management.