A computer showing accounting information. (Image by Matthew Palmer.)
Because this course focuses on how managers use accounting information to make decisions, it is taught with a mix of theory -- as shown in the full set of lecture notes
-- and real world applications, including a thorough final exam
. Students work by themselves and in groups to write recommendations to the case studies.
This course examines management accounting and related analytical methodologies for decision making and control in profit-directed organizations. It also defines product costing, budgetary control systems, and performance evaluation systems for planning, coordinating, and monitoring the performance of a business. This course defines principles of measurement and develops framework for assessing behavioral dimensions of control systems; impact of different managerial styles on motivation and performance in an organization.