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.