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Dec 21, 2024
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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.
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.
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