AC 202 - Principles of Managerial Accounting

This course is a continuation of AC 201 covering financial topics of Statement of Cash Flows and financial statement analysis. Most of the course places an emphasis on managerial uses of cost information for planning and controlling a business. In this course, students will develop skills in job-order costing, process costing, activity-based costing, cost-volume- profit analysis, and budgetary planning and controlling. Managerial accounting provides economic and financial information for managers and other internal uses. This information will allow these key individuals to make decisions that will sustain and grow the organization.
Prerequisite(s): AC 201 or equivalent. All prerequisites must be passed with a C or better.
Lecture Hours: 3 Lab Hours: 0 Credits: 3