BUSINESS A610 / Managerial Accounting

3 unit(s)

Prerequisite(s): BUSINESS A600

Antirequisite(s): BUSINESS A650

Managerial Accounting introduces students to various costing systems in the manufacturing and service sectors, the different types of cost behaviour and their uses for decision making and planning via cost-volume-profit analysis. It further considers relevant costing in relation to pricing decisions, joint cost and service department cost allocations, budgeting, variance analysis, responsibility accounting and use of accounting measures for evaluating managerial and divisional performance. The course also emphasizes strategic importance of aligning accounting systems to firm technologies and goals.