MUSI 2520 Lecture Notes - Seymour Schulich, Management Accounting, Financial Accounting
Document Summary
This core course stresses the understanding of basic accounting concepts which underlie management decisions for performance appraisal, pricing, output, financing, investment and other purposes encountered in various organizational settings. Emphasis is placed on applying these concepts in case situations, rather than on technical aspects of management accounting. Management accounting is intended to be a tool to facilitate decision making. Accounting information in the context of this course is seen as a means to facilitate effective management decisions, rather than an end in itself i. e. the focus is more on. To understand how management accounting is useful, we must first recognize the context in which these decisions are made. The objective of this course is to further your understanding of organization settings and their relationship to accounting information. The course is case oriented and stresses both a manager"s and an accountant"s perspective on accounting information.