Description

Course Objectives:

The key aim of this course is to provide a comprehensive understanding to the interaction between business environment and managerial accounting. In addition, the course emphasizes the use of accounting information for internal planning and control purposes. The course covers the role of management accounting in decisions concerning resource allocation and performance evaluation, application of high-low method, Cost-VolumeProfit analysis (CVP) in multi-product settings, theory of constrains, quality costs, performance evaluation and pricing decisions.