ACCT292 - Accounting II

General

Prefix

ACCT

Course Number

292

Course Level

Undergraduate

Instruction Mode

Lecture

Department(s)

Description

The statement of cash flows and financial statement analysis. Accounting information as a planning, analysis, and control tool facilitating decision-making.

Prerequisites

Credits

Min

3

Max

3

Repeatable

No

Goals and Diversity

MN Goal Course

No

Cultural Diversity

No

Learning Outcomes

Outcome

Calculate and classify cash flows for the statement of cash flows using both the direct and indirect methods given transaction data and/or account balance data.

Outcome

Compute and use financial ratios, given a company's annual report information.

Outcome

Calculate and interpret costs associated with manufacturing operations in the areas of: *identifying and calculating product costs, inventory costs, cost of goods manufactured, and cost of goods sold *analyzing cost behavior.

Outcome

Apply accounting information to managerial decision in the areas of: *budgeting *variance analysis *cost-volume-profit analysis *other management decisions, for example, make/buy, special order, and process further.

Course Outline

Course Outline

Cost Volume Profit Analysis 15% Budgeting 15% Job Order Costing 15% Process Costing 15% Variance Analysis 15% Balance Scorecard 15% Reporting and Managerial Decision Making 10%

Dependencies