The Managerial Accounting course introduces students to the use of accounting information as a tool for planning, control, and decision-making within organizations. Using Managerial Accounting: The Cornerstone of Business Decision Making, 9th Edition by Maryanne M. Mowen, Don R. Hansen, and Dan L. Heitger, the course focuses on how managers apply cost data and performance measures to support both strategic and day-to-day business decisions.
Students will explore cost behavior, job-order and process costing, activity-based costing, budgeting, variance analysis, performance evaluation, and capital investment decisions. Emphasis is placed on applying cost-volume-profit analysis and relevant cost techniques to solve practical problems, while also incorporating contemporary topics such as emerging managerial practices, cash flow analysis, and financial statement interpretation.
Designed for learners pursuing careers in business, accounting, or finance, this course builds directly on the foundation of financial accounting. By the end, students will understand how managerial accounting techniques support organizational goals, improve resource allocation, and enhance decision-making. The course provides a strong base for careers in management, consulting, and corporate finance, as well as further study in advanced accounting fields.