Managerial Accounting - DPS 51220
|DPS 51220||36 hours|
This course gives students a broad overview of management accounting and its relationship to financial accounting within the manufacturing, retail or service industry sectors and provides organizational decision-makers with relevant information for planning and controlling business objectives. It helps students identify relevant costs and apply product costing methods in decision making. Students learn the application of general accounting principles in the recording, analysis and interpretation of material, labour and overhead costs. Also covered are budgeting, cost-volume-profit analysis (“CVP”), costing methods and behaviours, control of overhead, make or buy decisions, planning (short and long term), quality and pricing decisions.