Course

Course Summary
Credit Type:
Course
ACE ID:
OOSL-0033
Organization's ID:
ACC150
Organization:
Location:
Online
Length:
14 weeks (75 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 3 managerial accounting, management accounting, or cost accounting
Description

Objective:

The course objective is to analyze managerial accounting to the identification, gathering, and interpretation of information for planning, controlling, and evaluating the performance of a business.

Learning Outcomes:

  • Graph cost-volume-profit relationships
  • Interpret cost behaviors
  • Describe capital budgeting, budgeting framework, performance standards and responsibility accounting
  • Compare and contrast managerial and financial accounting
  • Define cost and distinguish between product and period costs
  • Describe job-order costing, process costing, traditional volume-based costing and activity-based costing systems

General Topics:

  • Managerial accounting and the business environment
  • Cost management concepts and classifications
  • Job-order costing system
  • Process costing system
  • Approaches to cost management
  • Analyzing cost behavior for decision making
  • Cost-volume-profit (CVP) analysis
  • Profit planning
  • Flexible budgets and overhead management
  • Decision making
  • Relevant costs
  • Capital budgeting decisions
  • Evaluating performance
  • Responsibility accounting
  • Statement of cash flows
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Computer Based Training
  • Lectures
  • Practical Exercises

Methods of Assessment:

  • Examinations
  • Quizzes

Minimum Passing Score:

70%
Supplemental Materials

Other offerings from StraighterLine

(OOSL-0009)
(OOSL-0010)
(OOSL-0063)
(OOSL-0109)