Courses of Study 2016-2017 
    
    Mar 28, 2024  
Courses of Study 2016-2017 [ARCHIVED CATALOG]

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AEM 4521 - Cost Accounting and Management Control


     


Fall. 3 credits. Letter grades only.

Prerequisites: AEM 3230 . Permission of instructor required.

Z. Beg.

Managerial accounting is not guided by a single set of rules like Financial accounting is guided by Generally Accepted Accounting Principles (GAAP). Instead, managers must understand a broad set of analytical tools and selectively apply those tools to address the specific decisions and situations they face.

This course provides a deep examination of the technical concepts, analyses, uses, and procedures of accounting and control used by internal company managers. Topics covered include variance analysis, inventory costing, cost estimation and allocation, and inventory management.

Outcome 1: Develop effective communication skills in finance.

Outcome 2: Attain analytical and functional competency in business and economic skills.

Outcome 3: Demonstrate working knowledge of costing and control to apply to real world settings.

Outcome 4: Demonstrate ability to solve practical business problems and make an impact in real world and society.

Outcome 5: Develop skills to be critical consumers of business information and research.



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