BUSINESS A650 / Accounting for Decision Makers

3 unit(s)

Prerequisite(s): Registration or completion of BUSINESS I601 BUSINESS I602 BUSINESS I603 BUSINESS I604 AND BUSINESS I605

Antirequisite(s): BUSINESS A600 AND BUSINESS A610

Many different types of economic decisions require accounting data. This course is concerned with the analysis of and accounting for costs, inventory valuation, managerial planning, and control. Cost accounting, while providing some data for financial statements prepared for external users, has as its primary purpose the development and presentation of information useful to management in decision making, planning and control. This course, therefore, highlights the use of special-purpose accounting reports for planning, control, and performance evaluation.