BA 213 Managerial Accounting

Lecture Hours: 4
Credits: 4

Covers managers use of accounting. Includes job order and process costing, activity-based costing, variable costing, cost-volume profit analyses, differential analysis and short-term decisions, capital investments, time-value-of-money concepts, master budgeting, and flexible budgets and standard costs, performance measurement in decentralized organization.

Prerequisite: BA 211 with a grade of C or better; or consent of instructor.
Student Learning Outcomes:

Distinguish management accounting from financial accounting.
Record transactions using job order and process costing systems.
Compute the results of activity based costing systems.
Apply cost-volume-profit methods to profit planning and sensitivity analyses.
Demonstrate use of tools used in making short-term and capital investment decisions.
Prepare operating and financial budgets.
Analyze the results of budget variances.
Generate segment reports using variable costing method.
Apply performance measurement in decentralized organizations.

Content Outline

Managerial Accounting and Cost Concept
Cost Flow and Job Order
Equivalent Unit and Process Costing
Activity Based Costing and Overhead Allocation
Cost Volume Profit and Breakeven Analysis
Deferential Analysis and Short-Term Business Decisions
Time Value of Money and Capital Investment Decisions
Master Budget: Operating budget and Financial Budget
Variable costing and Segment Reporting
Flexible Budgets, Standard Costs and Variance Analysis
Decentralized Operation and Performance Measurement