Managerial Accounting

Course Number: BA 213
Transcript Title: Managerial Accounting
Created: September 1, 2012
Updated: August 26, 2019
Total Credits: 4
Lecture Hours: 40
Lecture / Lab Hours: 0
Lab Hours: 0
Satisfies Cultural Literacy requirement: No
Satisfies General Education requirement: No
Grading options: A-F (default), P-NP, audit
Repeats available for credit: 0


Course Description

Examines 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

Upon successful completion of this course, the student will be able to:

  1. Communicate effectively using basic managerial accounting terminology and concepts in a business environment.
  2. Use an understanding of cost concepts for product costing and to analyze relevant costs.
  3. Understand the nature of costs and apply to cost-volume-profit relationships and activity based costing.
  4. Apply budgeting for business planning and standard costs to perform variance analysis.
  5. Evaluate and measure business performance using knowledge of responsibility accounting.
  6. Apply an understanding of capital budgeting for decision making.

Outcome Assessment Strategies

Assessment methods can include: examinations, quizzes, homework assignments, research papers, case study analysis, and small group problem-solving of questions arising from application of course concepts and concerns to actual experience, oral presentations, and class participation.

Course Activities and Design

The determination of teaching strategies used in the delivery of outcomes is generally left to the discretion of the instructor. Here are some strategies that you might consider when designing your course: lecture, small group/forum discussion, flipped classroom, dyads, oral presentation, role play, simulation scenarios, group projects, service learning projects, hands-on lab, peer review/workshops, cooperative learning (jigsaw, fishbowl), inquiry based instruction, differentiated instruction (learning centers), graphic organizers, etc.

Course Content (Themes, Concepts, Issues and Skills)

  • Understands managerial accounting terminology.
  • Applies Accounting Reasoning.
  • Uses accounting terminology in effective written and oral communications.
  • Understands ethical accounting issues and conduct.
  • Comprehends accounting concepts related to cost flows.
  • Comprehends allocated costs.
  • Applies knowledge of capital budgeting.
  • Analyzes the nature of relevant costs.
  • Applies understanding of standard costs.
  • Distinguishes between job order and process accounting.
  • Applies understanding of cost-volume-profit relationships.
  • Applies understanding of segment reporting.