Managerial Accounting

2 credits · Owen Graduate School of Management

Focuses on the analysis of internally available information, much of which is not required for disclosure in the external financial statements studied in financial accounting. Users of these internal information sources are managers, directors, investment bankers, consultants, and internal and external auditors. The course begins with a discussion of the basic vocabulary and mechanics of managerial accounting systems. The remainder of the course addresses how to identify and extract relevant information from these systems as an input to decision making and performance evaluation. Throughout, the course evaluates the limitations of, and assumptions underlying, internally available accounting information sources. The course objectives are reinforced through lectures, practice problems, class problem-solving, case write-ups, and exams. Prerequisite: MGT 7711. [2]