ACCTG 523 - Accounting Information and Internal Decision Making

Course Career Graduate
Units 3
Approved Hours 3-0-0
Fee index 6
Faculty Business
Department Accounting and Bus Analytics
Typically Offered either term

Description
Accounting concepts used by managers in planning and decision-making. The course introduces concepts of cost and profit behavior, contribution margin, and activity-based costing, as well as relevant costs and revenues for production, marketing and capital budgeting decisions. The course also introduces students to the management planning and control system and its components - budgets, variance analysis, performance evaluation in centralized and decentralized organizations, and management compensation plans. The importance of designing a system to fit the organizations’ strategy is emphasized. Prerequisite: ACCTG 501.