Title: Credit Unit 1 Introduction: (CU1) Managerial Accounting
Course: SkillsCom BA 213 15.0 > Section: Credit Unit 1 Module 1

Managerial accounting is the field of accounting that focuses on providing information for internal decision makers. We will cover the basics of managerial accounting including calculating cost of a product, job order costing, and activity based costing. Knowledge of managerial accounting makes you a better manager of any business.

Course Outcomes:

- Explain the interrelationship of the accounting systems to all areas of business and business decision making.
- Understand cost behavior and predict break-even points.
- Recognize the components and processes related to various cost accounting systems.
- Analyze the performance of the organization and organizational sub-units.
- Use the budgeting process to prepare budgets and pro forma financial statements.
- Utilize the time-value-of-money concept to analyze capital investment projects.