NBA 5020 - Managerial Accounting and Reporting I: Fundamentals of Cost Analysis

Spring. 1.5 credits. Letter grades only (no audit).

Prerequisite: NCC 5000, NCC 5010, and NCC 5020, or equivalent.

R. Guggenmos.

This course is designed for managers who want to use accounting information within their organizations to improve decision making. The class is divided into three units: cost classification and analysis, costing systems, and performance management. In the first unit, we learn about cost definitions, behavior, estimation, and cost-volume-profit analysis. In the second unit, we discuss the pros and cons of costing systems with an emphasis on accounting for manufacturing. Finally, we explore internal planning and decision making topics, such as budgeting, performance measurement.