Students will examine management accounting and analytical methodologies for control and decision making in profit-directed organizations. This course defines budgetary control systems and product costing. It also defines evaluation systems for planning, directing, and checking the performance of a business.

Learning Outcomes:

• Use costing systems that are commonly utilized for different purposes.
• Identify and use different activity based management tools.
• Apply cost relationships for analysis.
• Prepare a master budget.
• Use standard costs and performance measures.
• Perform cost variance analysis.
• Correctly utilize costs in pricing and decisions making.