ACC 363 Study Guide - Cost Accounting, Financial Statement, Transfer Pricing
Document Summary
The primary objective of this course is to familiarize you with how cost management systems can be designed to support managerial decision-making. Cost management systems recognize that (1) relevant cost information is crucial management decision making, and (2) costs don"t just happen management decisions cause them. Cost accounting systems serve financial reporting (e. g. determining cost of goods sold or ending inventory balances) and may not suffice for decision making. This course is designed to help students become discriminating producers and users of management accounting information. The course demonstrates how accountants can add value to their organizations. Not that organizations world-wide are trimming non-value-added resources, and accountants and financial analysts should not feel immune from the value-added test. We need to add value, too, or we will be removed, replaced, or outsourced. each chapter before lectures and problem sessions. Management challengers and work through each chapter"s you"re the decision maker exercises.
