Course Summary
Credit Type:
ACE Course Number:
Organization Course Number:
12 -- 15 weeks (174 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 Managerial Accounting


The course objective is a continuation of Accounting 1. Topics include corporate accounting and financial statements; long-term liabilities; cash flow and financial statement analysis; managerial accounting; budgeting; and using financial data to make business decisions.

Learning Outcomes:

  • Describe long-term liabilities
  • Examine concepts related to managerial accounting
  • Apply concepts related to managerial accounting
  • And differentiate international financial reporting standards from generally accepted accounting principles
  • Upon completion of the course, the student will be able to define terms related to business accounting
  • Apply a working knowledge of accounting concepts and principles
  • Demonstrate the ability to prepare and understand corporate financial statements
  • Analyze financial statements using various ratios and tools
  • Examine how managers use financial information to guide important decisions
  • Prepare and analyze various types of budgets

General Course Topics:

  • Financial operations of corporations
  • Earnings and stocks
  • Long-term liabilities
  • Investments and cash flow
  • Financial statement analysis
  • Management accounting
  • Job costing
  • Process costing
  • Cost-volume-profit analysis
  • Budgeting
  • Flexible budgets and standard costs
  • Cost systems and business decisions
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Computer Based Training

Methods of Assessment:

  • Examinations
  • Quizzes

Minimum Passing Score:

Supplemental Materials

Other offerings from Pearson