ACCT 215 - Introduction to Managerial Accounting

Units: 3
Use of accounting information for managerial decision-making on planning and control. Topics include cost classifications, estimation, and analysis; cost-volume-profit and relevant cost analysis; job-order and activity-based costing; standard costs and variance analysis; profit planning; capital budgeting; performance evaluation.

Prerequisites: ACCT 210.
Equivalent Quarter Course: ACCT 2253.
Possible Instructional Methods: Entirely On-ground, or Entirely Online.
Grading: A-F grading only.
Course Typically Offered: Fall & Spring

Student Learning Outcomes - Upon successful completion of this course students will be able to:

Describe cost classifications. Describe cost estimation and analysis methods;
Apply the cost-volume-profit analysis for business decisions;
Explain and apply job-order and activity-based costing methods to different businesses;
Describe standard costs and perform variance analysis;
Prepare operating budgets for profit planning;
Explain and apply different methods for capital budgeting decisions;
Describe various methods and calculate measures for performance evaluation;
Apply ethical standards in managerial decisions.