Course Content and Outcome Guide for BA 213
- Course Number:
- BA 213
- Course Title:
- Managerial Accounting
- Credit Hours:
- Lecture Hours:
- Lecture/Lab Hours:
- Lab Hours:
- Special Fee:
Course DescriptionCovers accounting information from management perspective for planning, performance evaluation and for decision making purposes. Includes cost concepts, product costing, cost-volume-profit relationships, profit planning, variance analysis, responsibility accounting and capital budgeting. Prerequisite: BA 211. Audit available.
Intended Outcomes for the course
Upon successful completion, the student will be able to:
- Incorporate and use basic managerial accounting terminology and concepts in a business environment and communicate effectively.
- Use an understanding of cost concepts for product costing and to analyze relevant costs.
- Understand the nature of costs and apply to cost-volume-profit relationships and activity based costing.
- Apply budgeting for business planning and standard costs to perform variance analysis.
- Use knowledge of responsibility accounting to evaluate and measure business performance.
- Apply an understanding of capital budgeting for decision making.
Outcome Assessment Strategies
- Classroom participation
- Out of class assignments
- Individual or group projects
- Case study analysis
- Completion of assessment examinations
Course Content (Themes, Concepts, Issues and Skills)
- Managerial Accounting Terminology
- Accounting Reasoning
- Critical Thinking
- Effective Written and Oral Communications
- Ethical Accounting Conduct Competencies and Skills Ã½ Demonstrate an understanding of cost flows
- Demonstrate an understanding of allocated costs
- Demonstrate knowledge of Capital Budgeting
- Analyze the nature relevant costs
- Demonstrate an understanding of Standard Costs
- Distinguish between job order and process accounting
- Demonstrate an understanding of Cost-Volume-Profit relationships
- Demonstrate an understanding of segment reporting