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BAAC 551 Foundations in Accounting II

This course introduces students to the key aspects of managerial accounting. Managerial accounting, which focuses on internal users (such as managers and employees), is distinct from financial accounting, which focuses on external users (such as investors and creditors). Managerial accounting emphasizes planning, directing and controlling an organization with significant emphasis on internal financial analysis and assessment. 

The purpose of this course is to introduce students to the key aspects of managerial accounting and to develop student capabilities in planning, directing and controlling an organization with particular emphasis on internal financial analysis and assessment. This course will explore several management accounting topics that focus on management decision-making using available financial data. The class wil require you to learn certain basic mechanics of managerial accounting.

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