Course Summary
Credit Type:
Organization's ID:
Accounting 301
36 hours for 16 weeks
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 3 applied managerial accouting


The course objective is to analyze topics such as corporate governance and decision making in the field of managerial accounting.

Learning Outcomes:

  • appraise the process involved in corporate governance and how it applies to managerial accounting
  • break down cost-volume-profit analysis and how it relates to income statements
  • analyze how firms decide on a pricing strategy and the different pricing methods
  • evaluate the software programs pertinent to managerial accounting, and discover their benefits
  • summarize the functions of cost classifications, cost allocation, and job order cost systems
  • summarize how companies set standard costs and support why they are advantageous
  • apply the different methods, ratios and formulas important in cost accounting analysis
  • construct the different types of budgets, analyze why budgeting is important, compare different methods for budgeting and describe capital budgeting.

General Topics:

  • Corporate governance for managerial accounting
  • Financial statements and balance sheets
  • Cost classifications
  • Manufacturing overhead cost allocation
  • Job order cost system
  • Process cost system
  • Activity-based costing
  • Cost-volume-profit analysis
  • Decision making in managerial accounting
  • Pricing objectives and methods
  • Budgeting
  • Budgetary control
  • Standard costs
  • Capital budgeting
  • Statement of cash flows
  • Financial statement analysis
  • Software for managerial accounting
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials

Methods of Assessment:

  • Examinations
  • Quizzes
  • Written Papers

Minimum Passing Score:

Supplemental Materials