Managerial Accounting 1

Course Description

This professional course gives students an introduction to Managerial Accounting. During this course, students will learn about managerial concepts and some of the different methods that can be used to generate useful financial information for the management of an organization. As opposed to financial accounting, which provides outsiders with information of a company’s overall performance, managerial accounting focuses on creating reports that show how well managers or business units have performed compared to plans and to benchmarks. Some reports provide timely, frequent updates on key indicators such as orders received, capacity utilization and sales. Other reports aim to study specific problems.