Course Number: BA 213
Transcript Title: Managerial Accounting
Created: September 1, 2012
Updated: June 7, 2016
Total Credits: 4
Lecture Hours: 40
Lecture / Lab Hours: 0
Lab Hours: 0
Satisfies Cultural Literacy requirement: No
Satisfies General Education requirement: No
Grading options: A-F (default), P-NP, audit
Repeats available for credit: 0
Examines accounting information from management perspective for planning, performance evaluation and for decision making purposes. Includes cost concepts, product costing, cost-volume-profit relationships, profit planning, variance analysis, responsibility accounting and capital budgeting. Prerequisite: BA 211. Audit available.
Upon successful completion of this course, the student will be able to:
- Communicate effectively using basic managerial accounting terminology and concepts in a business environment.
- Use an understanding of cost concepts for product costing and to analyze relevant costs.
- Understand the nature of costs and apply to cost-volume-profit relationships and activity based costing.
- Apply budgeting for business planning and standard costs to perform variance analysis.
- Evaluate and measure business performance using knowledge of responsibility accounting.
- Apply an understanding of capital budgeting for decision making.
Outcome Assessment Strategies
Assessment methods can include: examinations, quizzes, homework assignments, research papers, case study analysis, and small group problem-solving of questions arising from application of course concepts and concerns to actual experience, oral presentations, and class participation.
Course Activities and Design
Course activities can include: lecture, discussion, demonstrations, online lessons, in class activities, outside readings, written assignments, research projects, group project, guest lecturers/speakers, panel discussions, or other activities as selected by the instructor.
Course Content (Themes, Concepts, Issues and Skills)
- Understands managerial accounting terminology.
- Applies Accounting Reasoning.
- Uses accounting terminology in effective written and oral communications.
- Understands ethical accounting issues and conduct.
- Comprehends accounting concepts related to cost flows.
- Comprehends allocated costs.
- Applies knowledge of capital budgeting.
- Analyzes the nature of relevant costs.
- Applies understanding of standard costs.
- Distinguishes between job order and process accounting.
- Applies understanding of cost-volume-profit relationships.
- Applies understanding of segment reporting.