1. Managerial accounting
Introduction

2. Overview
Studying managerial accounting is one of the best business investment a student can make. Why? Because success in any organization – from the smallest corner store to the largest multinational corporation – requires the use of cost accounting concept and practice. Managerial accounting provides key data to managers for planning and controlling, as well as costing products, services, and customers.

3. Course Learning Outcomes
Distinguish between managerial and financial accounting.
Identify basic cost behavior patterns and explain how changes in activity level affect total cost and unit cost.
Calculate breakeven analysis and cost volume profit analysis.
Distinguish between period and manufacturing cost. Calculate the cost of good manufactured.
Describe the budget development process and explain how it fits into management’s planning process.
Prepare a flexible budget and explain its use in evaluating performance.
Identify relevant information for decision making and determine the qualitative and quantitative impacts of special order pricing.
Identify the difference between a cost center, a profit center, and an investment center.
Explain how to use a balanced scorecard to improve an organization’s performance.

4. Covered topics
Topic 1: Accounting as a tool for management Topic 2: Cost behavior and cost estimation Topic 3: Cost volume profit analysis and pricing decision Topic 4: Product cost and job order costing Topic 5: Planning and forecasting Topic 6: Performance evaluation: variance analysis Topic 7: Using managerial information to make managerial decision Topic 8: Decentralization and performance evaluation Topic 9: Performance evaluation revisited: A balance approach

5. References Main Reference
Davis, C. E., & Davis, E. (2014). Managerial accounting. John Wiley & Sons.
Additional advised references 
Bhimani, A., Horngren, C. T., Sundem, G. L., Stratton, W. O., & Schatzberg, J. (2013). Introduction to Management Accounting. Pearson Higher Ed
Brewer, P., Garrison, R., & Noreen, E. (2014). Course ACCT Principles of Managerial Accounting (3). Cell, 314,

6. Evaluation Assignments and homework 20 Points. Mid Term Exam 30 Points
Final Exam Points