Theological Research Institute, Ltd. (TRI) | Evaluated Learning Experience
Managerial Accounting (ACCT 322)
January 2020 - Present.
Upon successful completion of the learning experience, students will be able to: articulate product costing and will describe its impact on decision making and generation of financial statements within a business; identify cost-volume-profits; solve business problems; understand the management accounting concepts and techniques, particularly as they relate to preparation, processing, and use of accounting in planning, decision making and control in different types of organizations; explain why management accounting information must include both financial and non-financial information; understand how the design and use of management accounting systems and information can help in the management and control of organizational behavior; evaluate behavioral and ethical issues faced by management accountants; demonstrate budgetary planning; and conduct financial statement analysis.
The learning experience includes topics such as managerial accounting concepts, procedures, and quantitative models for planning and control, budgets and their role in planning and control; measurement, preparation and analysis of accounting data appropriate to managerial decision making, and comprehensive budgeting; statistical cost estimation; cost-volume-profit analysis; activity based costing system, application of probability to cost control; standard costs; balanced scorecards and flexible budgets.
In the upper division baccalaureate degree category, 3 semester hours in Business Administration, Accounting and Financial Management, Accounting, or Accounting and Finance (2/23).