Version: 3/20/2019 2
Additional Course Information
Topical Outline: Each offering of this course must include the following topics (be sure to include information regarding lab,
practicum, and clinical or other non-lecture instruction).
I. Managerial accounting
II. Job order costing
III. Process costing
IV. Cost behaviors
V. Budgeting
VI. Variances
VII. Centralized and decentralized operations
VIII. Differential analysis
IX. Capital investment analysis
X. Activity based costing
Course Learning Outcomes:
Learning Outcomes – Upon successful completion of this course, students will:
Identify the role and scope of financial and managerial accounting and the use of accounting information in
the decision making process of managers.
Define operational and capital budgeting, and explain its role in planning, control, and decision making.
Prepare an operating budget, identify its major components, and explain the interrelationships among its
various components.
Explain methods of performance evaluation.
Use appropriate financial information to make operational decisions.
Demonstrate use of accounting data in the areas of product costing, cost behavior, cost control, and operational
and capital budgeting for management decisions.
Methods of Assessment:
Unit Tests
Homework assignments
Daily Work
Final exam
Required text(s), optional text(s) and/or materials to be supplied by the student:
Latest version of Financial and Managerial Accounting by Wild (McGraw Hill) with Connect.
Suggested Course Maximum:
35
List any specific or physical requirements beyond a typical classroom required to teach the
course.
None
Course Requirements/Grading System: Describe any course specific requirements such as research papers or
reading assignments and the generalized grading format for the course.
