The first part of the course presents alternative methods of preparing managerial accounting
information, and the remainder of the course examines how these methods are used by companies.
Managerial accounting is a company's internal language, and is used for decision-making,
production management, product design and pricing and for motivating and evaluating employees.
Unless you understand managerial accounting, you cannot have a thorough understanding of a company's
internal operations. What you learn in this course will help you understand the operations of your
future employer (and enable you to be more successful at your job), and help you understand other
companies you encounter in your role as competitor, consultant, or investor.
Professor: Mirko S. Heinle
Average Rating (out of 4): 2.5
Math involved:
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Profit/cost analysis
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Earnings forecasting
High school math that helps:
Was AP helpful? No
Textbook required: Malea Fashion District, How Successful Managers Use Financial Information to Grow Organizations, 2nd Edition, 2009 and
Shim, Jae K. and Joel G. Siegel, Shaum’s Outlines, Managerial Accounting, 2nd Edition, McGraw Hill
Example Sylabus