ACC 146 - Managerial Accounting


Credit(s) 3.00
Lecture Hours: 3.00
This course emphasizes financial statement analysis, including the reporting of cash flows, and managerial accounting as it relates to decision-making and to the manufacturing environment. This course serves as a foundation for other accounting courses for students planning careers in accounting, as well as providing for the needs for students in business administration.

Prerequisite(s): ACC 142 
SLOs:
Upon successful completion of this course students will be able to:

  • Explain Statement of Cash Flows and Financial Statement analysis.
  • Prepare a Statement of Cash Flows.
  • Analyze a Financial Statement.
  • Explain general concepts and principles of managerial accounting.
  • Describe costing systems, activity-based costing, product costing, and relevant costs.
  • Demonstrate the use of Cost-Volume-Profit Analysis for decision making.
  • Describe the managerial accountant's role in the decision-making process.
  • Prepare a flexible budget.
  • Explain the nature and importance of capital investment analysis.
  • Explain the importance of time value of money in capital-budgeting decisions.


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