Accounting Analysis for Planning and Control

(3 Credit Hours) · Undergraduate

An introduction to the use of accounting information and analysis for management decisions and control of an organization. The purpose of the course is to learn techniques necessary to understand an organization's costs to allow for the preparation and analysis of an organization's budget. Further, the course provides techniques to analyze cost-volume-profit relationships and the use of a company's contribution margin to evaluate sales volumes, set appropriate selling prices, and determine appropriate sales mixes necessary to achieve desired profit levels. The course uses cost analysis to understand managerial decisions such as whether to outsource, eliminate or add a business segment, and accept special orders. The course also introduces US taxation by examining different entity types and various taxes that impact individuals and corporations. Course cannot be taken Pass/Fail.