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MBA 613. Accounting for Managers

Credits: 3
Department: Herberger Business School
Description: Generating and using information from cost functions, cost-volume-profit relationships, product costs and cost allocations, relevant cost/benefit analysis, budgeting, and performance measurement to evaluate the impact of operational decisions and make recommendations.
Prerequisites: MBA 601 or by permission of the MBA advisor for non-MBA students.
Semester Offered: DEMAND
Grading Method: ABCDF
Lab: Lab

Student Learning Outcomes

1. Explain how cost management helps organizations (business, government and non-profit) meet their strategic goals by proactively, rather than passively, measuring costs.
2. Illustrate how managerial accounting information is created and used in operational decision-making.
3. Integrate relevant quantitative costs and qualitative factors in their recommendations to decision-makers (i.e. make or buy decisions; sell or process further decisions; special order decisions; etc.).
4. Critique the implications of managerial choices for overhead allocation methods and propose changes if and when appropriate.
5. Explain managerial accounting implications of decentralized organizations.
6. Compare the benefits and costs of a balanced scorecard.
7. Describe new trends in the cost/managerial accounting area.

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