Course Course Summary Section 1 Content Section 1 Content Left Section 1 Content Right Credit Type: Course ACE ID: ICCM-0011 Organization's ID: ACC-302 Organization: InstantCert.com, LLC Location: Classroom-based Length: Self-paced (180 days) Dates Offered: 3/1/2020 - 2/28/2023 Credit Recommendation & Competencies Section 2 Content Section 2 Content Left Section 2 Content Right Level Credits (SH) Subject Upper-Division Baccalaureate 3 Principles of Accounting II or Principles of Managerial Accounting Description Section 3 Content Section 3 Content Left Section 3 Content Right Objective: The course objective is to serve as an introduction to managerial accounting. Learning Outcomes: Identify and apply fundamental concepts of managerial accounting Recognize how accountants create, organize, interpret, and communicate information that improves internal processes, and allows organizations to identify and leverage opportunities to create value within the supply chain and with customers Apply different costing methods and recognize the influence of setting and decision characteristics on the relevance of costing systems Apply cost-volume-profit analysis to answer various 'what if' questions for decision-making Recognize use of accounting data in the areas of product costing, cost behavior, cost control, and operational and capital budgeting for management decisions Recognize the steps in preparing an operating budget and identify its major components and the interrelationships among its various components Recognize how accounting is used to facilitate and align decisions made by owners, managers, and employees Identify problems associated with relying on financial accounting information for internal decision making Organize cost information according to the decision-making needs of the organization Define operation and budgeting, and its role in planning, control and decision making List methods of performance evaluation General Topics: Managerial accounting: an overview Managerial accounting and cost concepts Job-order costing Process costing Cost-volume profit relationships Variable costing and segment reporting: tools for management Activity-based costing: a tool to aid decision making Master budgeting Flexible budgets and performance analysis Standard costs and variances Performance measurement in decentralized organizations Differential analysis: the key to decision making Capital budgeting decisions Statement of cash flows Financial statement analysis Instruction & Assessment Section 4 Content Section 4 Content Left Section 4 Content Right Instructional Strategies: Audio Visual Materials Computer Based Training Learner Presentations Methods of Assessment: Examinations Quizzes Minimum Passing Score: 70% Supplemental Materials Section 5 Content Section 5 Content Left Section 5 Content Right Section 6 Content Section 6 Content Left Section 6 Content Right Button Content Rail Content 1 Other offerings from InstantCert.com, LLC Astronomy (ICCM-0002) College Algebra (ICCM-0005) Financial Accounting (ICCM-0006) Introduction to Environmental Science (ICCM-0004) Spanish I (ICCM-0007) View All Courses Page Content