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Academic Paper, 2015, 54 Pages
This is an introductory course in Management Accounting. This course covers the principles, techniques, and uses of accounting in the planning and control of business organizations from a management perspective. Identified are the budgetary process and related performance evaluation techniques, cost-volume-profit relationship, product costing methods etc.
• To enable students to use basic Managerial Accounting principles and concepts, and how they relate to an economic unit.
• To enable students to understand the role of budgeting in various business processes.
• To provide students with practical skills in the use of accounting information within a business organization.