MSA 634, Managerial Accounting
All MSA Students are required to take three courses: (1) MSA 600, MSA 634 or MSA 635, and MSA 640. Other core courses must be selected in consultation with the student's academic advisor. A total of 15-21 hours must be taken in the administrative core. All MSA students are also required to take either MSA 685 (3 hours) or MSA 690 (6 hours).
Course Objectives:
After completing this course, the student should:
Use management accounting information to make decisions
Understand how accounting information can improve decision-making in areas of planning, organizing, and controlling.
Structure accounting information to meet the needs of those involved in strategic decision-making in the organization.
Typical MSA 634 topics:
Cost Concept
Systems Design: Job-Order
Systems Design: Process Costing
Systems Design: Activity-Based Costing and Quality Management
Cost Behavior
Cost-Volume-Profit Relationships
Variable Costing
Budgeting and Profit Planning
Standard Costs and Performance Measurement
Flexible Budgets and Overhead Analysis
Segment Reporting and Decentralization
Incremental Analysis
Service Costs Allocation
Preparing and Using Statement of Cash Flows
