Introduction to Management Accounting. This is an essential tool that enhances a manager’s ability to make effective economic decisions. ‘Introduction to Management Accounting’ describes both theory and common practices so students understand how to produce information that’s useful in day-to-day decision making.
An overview of the ideas, methods, and institutions that permit human society to manage risks and foster enterprise. Emphasis on financially-savvy leadership skills. Description of practices today and analysis of prospects for the future. Introduction to risk management and behavioral finance principles to understand the real-world functioning of securities, insurance, and banking industries. The ultimate goal of this course is using such industries effectively and towards a better society.
Course Overview and Introduction to Managerial Accounting
In this module, you will become familiar with the course, your instructor, your classmates, and our learning environment. Then, you will be introduced to Managerial Accounting and Costing Concepts.
Costing Systems I – Elements and Design
Costing Systems II – Activity-Based Costing
Cost-Volume-Profit (CVP) Analysis