Application of accounting theory to equity concepts. Other topics include leases, pensions, income taxes, accounting changes, and special accounting topics. Managerial Accounting A survey of accounting methods from the viewpoint of management, income measurement, analysis of and interpretation of accounting data, internal cost reports, operation budgets, standard costs, transfer jobs, job and process costing, capital budgeting. I Emphasis is placed on the cost data accumulation methods used in a job order and in a process cost system. Cost Accounting II Emphasis is placed on controlling costs through budgeting and standard cost systems.
Detailed attention is given to cost analysis and profit planning as they relate to decision making.
An introduction to the design and operation of data processing systems used to manage business transactions and accumulate information for financial and managerial accounting needs. Includes experience in using integrated accounting system software and spreadsheets. A study of the methods and instruments used to finance the operations of a firm. Emphasis on the value of the firm and how financial decisions affect that value. Additional topics include working capital management, leverage, risk, cost of capital, and dividend policy.