Management Accounting

(3 Credit Hours) · Undergraduate

Management needs to plan, control and make decisions to achieve organizational objectives. The purpose of management accounting is to assist management in achieving these organizational objectives by providing the relevant financial and non-financial information. Topics to be dealt with range from an understanding of cost behaviour, cost estimation, and cost-volume-profit analysis, through to costing systems including activity-based costing to budgetary planning and control, and standard costing and variance analysis.