ACCTG 6001 - Managerial Accounting

Focuses on firms' internal accounting information systems and their use in decision making, planning, and control, and performance evaluation. The objectives are threefold: to increase the students' understanding of the data accumulation and allocation processes; to illustrate the proper application of these accounting data to solving managerial problems; and to expose the students to the strategic implications and limitations of the accounting systems and data. Applications considered include cost estimation, pricing and product mix decisions, activity-based costing, measuring opportunity costs for decision making and transfer pricing. As such, the course integrates the knowledge of firms' internal accounting systems with problems confronting managers in the areas of finance, accounting, marketing, operations management, and human resources.