Course Description for Principales of Accounting:

• Understand the basic business activities in the service sector, manufacturing sector, and the merchandising sector.
• Evaluate the use of cost information for product pricing and costing
• Understand how to use accounting information for planning, control and performance evaluation services

Topics and Lessons for Principales of Accounting:

1. Chapter 1: Managerial Accounting and the Business Organization
2. Chapter 2: Introduction to Cost Behavior and Cost Volume Relationships
3. Chapter 3: Measurement of Cost Behavior
4. Chapter 4: Cost Management Systems and Activity-Based Costing
5. Chapter 5: Relevant Information and Decision-Making: Marketing Decisions
6. Chapter 14: Job-Costing and Process-Costing Systems.
7. Chapter 12: Cost Allocation
8. Chapter 7: The Master Budget
9. Chapter 8: Flexible Budget and Variance Analysis
10. Chapter 9: Management Control Systems and Responsibility Accounting
11. Chapter 10: Management Control in Decentralized Organizations