Course description

Management Accounting introduces students to cost concepts, budgeting, forecasting, and decision-making tools used within organizations. Topics include cost-volume-profit analysis, standard costing, variance analysis, and responsibility accounting.

The course emphasizes how accounting information supports operational and strategic goals. Students learn to prepare budgets, analyze costs, and make pricing or outsourcing decisions using relevant financial data.

Suitable for both accounting and management students, the course offers practical insights into using accounting as a tool for planning and control, enabling better resource allocation and improved performance.

What will i learn?

• 1. Analyze and classify business costs.
• 2. Develop budgets for different business activities.
• 3. Use variance analysis to measure performance.
• 4. Support managerial decisions using cost data.
• 5. Align financial data with strategic goals.

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