ACFI 350 - Managerial Accounting

(3 credits)
Prerequisite: ACFI 100 with a minimum grade of “C-” or ACFI 241 with a minimum grade of “C-“
This course is a study of management’s use of accounting information to make decisions related to planning, controlling and evaluating the organization’s operations. The behavior and management costs, as well as techniques used to evaluate and control results of operations, are discussed. Topics will include cost terminology, cost behavior, cost-volume-profit analysis, job order costing, activity-based costing, segment reporting, budgeting, standards, performance measures and variance analysis, evaluation of decentralized operations and differential analysis techniques. This course is presented from the perspective of the user of accounting information rather than the preparer of such information. Analytical problem-solving techniques and the use of electronic spreadsheets will be utilized as decision-making tools. Offered fall and spring semesters. (CQUR)