BU 211 - Managerial Accounting

Lecture Hours: 3
Lab Hours: 0
Credit Hours: 3

This course covers (1) GAAP (generally accepted accounting principles) approaches for recording manufacturers’ inventory, (2) alternative in-house approaches for evaluating inventory and cost of goods sold, and (3) other analytical approaches to management decision-making, such as budgeting, standard costing and methods for evaluating organizational performance. The focus of the course is on analytical thinking. Prerequisite(s): BU 210 with a grade of C or better.