ACCTG 523 - Accounting Information and Internal Decision Making

3 units (fi 6)(EITHER, 3-0-0)

Accounting concepts used by managers in planning and decision-making. The course introduces concepts of cost and profit behavior, contribution margin, and activity-based costing, as well as relevant costs and revenues for production, marketing and capital budgeting decisions. The course also introduces students to the management planning and control system and its components - budgets, variance analysis, performance evaluation in centralized and decentralized organizations, and management compensation plans. The importance of designing a system to fit the organizations' strategy is emphasized. Prerequisite: ACCTG 501.

ACCTG 820 - Financial Accounting

3 units (fi 32)(EITHER, 3-0-0)

Reporting of financial results of operations and financial positions to investors and managers; the use of accounting information for decision making. Restricted to Executive MBA students only.