ACT 212: Princ of Accounting II - winter

Prerequisite: ACT 211; Sophomore Standing; Business Majors, Business Administration minor, Finance minor, or Economics-Healthcare majors

General Education requirement: Information Computer Literacy

An introduction to managerial accounting emphasizing how managers use accounting data within their organizations to plan, control, and improve their decisions making. The course is structured to provide a foundation of cost terms, systems design, cost behavior, procedural techniques for planning and controlling, performance measurements, emphasis the importance of costs in determining firm profits, and the use of data for making operational decisions. Ethical issues in managerial reporting are considered.