ACCT 4520

This course builds on ACCT 3420 by developing an advanced understanding of the development and application of management accounting information for decision making. Students learn to perform analysis, develop and utilize information for operational and strategic decision making, and acquire an understanding of the ethical responsibilities of management accountants. Topics include: the strategic context of management accounting; implementing ethic control systems; planning and control issues in decentralized operations; performance measurement; capacity management and its effect on inventory costing; managing quality; inventory cost management strategies; theory of constraints; and strategic cost management. Data analytics tools are used for descriptive and predictive analysis.