ACCT 5220

Students will study introductory topics in managerial accounting including: an introduction to managerial costing terms, concepts, product costing, cost behaviors and cost-volume-profit analysis; job and activity based costing systems; a basic framework of budgeting for both merchandising firms and manufacturing operations; standard costing and variance analysis; relevant costing, segmented statements and analyses of various management strategic and operational decisions; an introduction to performance measurement. This course is designed to meet the entry requirements for the Chartered Professional Accountant (CPA) Professional Education Program (PEP). Note: It is recommended that prerequisite courses are taken within the last three years.