BUS 035 Managerial Accounting

This unit helps students to collect, analyze and communicate financial and non-financial information for making more effective planning and control decisions.  Topics include the changing role of managerial accounting, product costing, process costing, cost-volume profit analysis, activity-based costing and balances scorecard.

Performance Requirements :

1. Apply managerial accounting and its objectives in a way that demonstrates a clear understanding of business performance.
2. Prepare Various costing schedules where an analysis of cost type, behavior and classification is completed.
3. Apply the activity-based costing tools to estimate the product cost.
4. Use the balanced scorecard to develop the strategic planning of a particular firm.