MANAGERIAL ACCOUNTING

Prerequisites & course information

Requisites: ACCT I S 700 or declared in Business: Financial Management and Accounting MSB Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement Repeatable for Credit: No Last Taught: Summer 2026 Learning Outcomes: 1. Understand how managerial accounting principles and tools are critical to the successful design and implementation of an organizational strategy. Audience: Graduate 2. Explain how behavioral issues can affect the design of performance measurement systems and achievement of the organization’s objectives. Audience: Graduate 3. Integrate strategic financial and nonfinancial performance metrics into an integrated performance measurement framework such as the Balanced Scorecard’s four performance measurement perspectives: financial, customer, internal processes, and learning and growth. Audience: Graduate 4. Appropriately apply cost-related concepts to planning, performance evaluation, and decision making (e.g., product mix, outsourcing, pricing, incentive schemes, and budgeting). Audience: Graduate 5. Calculate costs based on various cost system design choices, and understand the implications of choices in designing cost management systems for products, services, customers, and other business segments. Audience: Graduate 6. Evaluate and articulate the opportunities and challenges when balancing environmental and social objectives with financial performance. Audience: Graduate 7. Recognize ethical issues in business, particularly as applied to the design of performance measurement and incentive schemes within the scope of management accounting. Audience: Graduate 8. Recognize how to successfully apply management accounting tools and concepts to various business disciplines and the increasingly complex business environment. Audience: Graduate Learning Outcomes: 1. Understand how managerial accounting principles and tools are critical to the successful design and implementation of an organizational strategy. Audience: Graduate 2. Explain how behavioral issues can affect the design of performance measurement systems and achievement of the organization’s objectives. Audience: Graduate 3. Integrate strategic financial and nonfinancial performance metrics into an integrated performance measurement framework such as the Balanced Scorecard’s four performance measurement perspectives: financial, customer, internal processes, and learning and growth. Audience: Graduate 4. Appropriately apply cost-related concepts to planning, performance evaluation, and decision making (e.g., product mix, outsourcing, pricing, incentive schemes, and budgeting). Audience: Graduate 5. Calculate costs based on various cost system design choices, and understand the implications of choices in designing cost management systems for products, services, customers, and other business segments. Audience: Graduate 6. Evaluate and articulate the opportunities and challenges when balancing environmental and social objectives with financial performance. Audience: Graduate 7. Recognize ethical issues in business, particularly as applied to the design of performance measurement and incentive schemes within the scope of management accounting. Audience: Graduate 8. Recognize how to successfully apply management accounting tools and concepts to various business disciplines and the increasingly complex business environment. Audience: Graduate