ACCT 709-Seminar in Managerial Accounting (3 Crs.)

ACCT 709-SEMINAR IN MANAGERIAL ACCOUNTING (3Crs.):

This course deals with using accounting information for strategic, tactical, and operating decisions with a focus on strategic cost management. Emphasis is on using cost and other management accounting information in making sound decisions, its effect on managerial behavior, and its use in formulating and implementing strategy, and issues of design and operation of management control systems including the intended and unintended consequences of performance measurement.

This course is intended to help the student to use accounting information for strategic, tactical, and operating decisions with a focus on strategic cost management. Specifically, its aim is to:

  1. Develop and enhance the student understanding of the nature of cost and accounting information in organizations, the student ability to use that information in making sound decisions, and the student skill in assessing the consequences of these decisions, and
  2. Develop and enhance the student understanding of the process and structure of management planning and control systems as a means to achieve corporate objectives, and of their intended and unintended consequences.