Course Description:

This course is an introduction to cost and managerial accounting. This course begins with an introduction to cost concepts and behavior, cost allocation and management systems, and the use of such systems for tactical and strategic decision making. It then proceeds to an introduction to activity-based management and traditional performance evaluation techniques. Finally, we will examine issues affecting control and performance evaluation in decentralized firms, and recent developments in accounting systems for planning, control and performance evaluation.

Course Objectives:

The objectives of this course are to familiarize students with the logic, concepts, and techniques that underlie traditional and contemporary cost and management accounting systems, and with the use of cost and management accounting information in various business decisions. I recognize that most of you will be users, not preparers, of accounting information in your current and future careers. Therefore, the focus of this course is on improving our understanding of cost and managerial accounting information. After this course, you should have gained a working knowledge of the design, use, and strengths and weaknesses of traditional and contemporary accounting systems for planning, control, and performance evaluation. Such knowledge, in turn, should increase your ability to make more effective business decisions and evaluation and be a more productive executive member of cross-functional teams.

Instructor Biography:

In-Mu Haw

Professor of Accounting