MGT 705 - Managerial Accounting
The purpose of this course is to introduce you to the concepts and procedures of managerial accounting from the perspective of the user. I assume that you are studying for, or are in, a management position as opposed to a purely accounting position. Therefore the emphasis will be on how to use information more than how to create it. You will likely find that we cover material that you have been exposed to in other courses in the program, such as economics, financial accounting, finance, and organizational behavior.
Managerial accounting courses typically cover two primary topics; (1) cost accumulation and (2) decision making and control. We will cover each in this course; however the majority of our time will be spent on decision making and control. The class is meant to teach you how to think about managerial accounting issues, not necessarily give you a how to do list.