ACC 220 Managerial Accounting Course Objectives:

Successful completion of ACC 220 should enable students to:

1. Describe differences between managerial and financial accounting.
2. Evaluate the organizational role of management accountants.
3. Understand job order cost systems.
4. Understand process cost systems.
5. Classify costs by behavior – variable, fixed, mixed.
6. Describe budgeting, its objectives, and its impact on human behavior.
7. Describe the types of standards and how they are established for businesses.
8. Introduce performance evaluation for decentralized operations.
9. Discuss differential analysis and product pricing.
10. Undertake capital investment analysis.