2022-2023 Pierce College Catalog 
    
    Apr 30, 2024  
2022-2023 Pierce College Catalog [ARCHIVED CATALOG]

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MNGT 430 Applied Accounting for Managers (5 credits)



Prerequisite At least a junior standing in a baccalaureate program, ACCT& 201 , ACCT& 202 , and college-level Math with 2.0 grade or better.

Course Description
This course examines accounting practices and how they are used to help managers make good business decisions.

Course Content
A. Systems Theory
B. Managerial financial statements
C. Finance Principles
D. Financial and Non-Financial Tools
E. Economics
F. Accounting
G. Capital Investments
H. Ethics and Law
I. Publicly Traded Companies

Student Outcomes
1. Develop current and prospective managerial financial statements.

2. Analyze managerial financial results and provide recommendations for planning and improvement.

3. Demonstrate costing and cost-analysis techniques in both manufacturing and service industries.

4. Analyze the relationship between financial and non-financial information in managerial decision-making.

5. Analyze and evaluate significance of capital investment decisions in order to determine their long-term profitability.

6. Clearly and concisely communicate relevant financial and non-financial information so that decision makers can make informed decisions.

7. Identify ethical accounting issues and apply principles of ethics and civic responsibility to maintain professional and organizational integrity as well as legal compliance.

8. Apply managerial accounting techniques and analytical tools in the business decision-making process with attention to short- and long-term financial planning and controlling implications.

9. Conduct a financial analysis of a publicly traded company.

Degree Outcomes
A. 21st Century Competencies – Mastery on the four Cs : 1. Communication - Effectively communicate within groups, across organizational levels, and with diverse stakeholders. Actively listen and apply appropriate inter- and intrapersonal skills to effectively interact across perspectives and contexts. 3. Critical Thinking - Use systems theory to understand and analyze trends and organizational problems as well as to construct and evaluate evidence-based solution options. B. Core Business Competencies: Economics, operations, marketing, accounting/finance, ethics/legal 1. Strategic Thinking – Use quantitative and qualitative business principles to analyze and solve business problems in order to meet organizational goals. 2. Legal and Ethical Practice – Use ethical and legal practices in planning, organizing, leading, and controlling organizational processes and products. C. Business Model Orientation: Sustainability, entrepreneurship 1. Sustainable Business Model – Use systems theory, business principles, and an adaptive mindset to analyze and make short- and long-term business decisions in context of the greater environment and society. D. Self-Management and Professional Development: General management, professionalism 2. Apply inclusive problem-solving, decision-making, and negotiation practices to promote professional and organizational success in diverse settings. Critical, Creative, and Reflective Thinking: Graduates will evaluate, analyze, synthesize, and generate ideas; construct informed, meaningful, and justifiable conclusions; and process feelings, beliefs, biases, strengths, and weaknesses as they relate to their thinking, decisions, and creations. Information Competency: Graduates will be able to seek, find, evaluate and use information and employ information technology to engage in lifelong learning.

Lecture Contact Hours 50
Lab Contact Hours 0
Clinical Contact Hours 0
Total Contact Hours 50



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