Emphasis is on the use of accounting information in controlling the operations of a business.
Specific areas covered include CVP analysis, cost classifications, budgeting, standard costing, segment reporting, responsibility accounting, and capital budgeting. The fundamental accounting concepts and techniques for planning and control studied are applicable to all types and organizations. An oral presentation of the paper is also required. The Goal by Eliyahu Goldratt, Published by North River Press, Second Revised Edition. There will be no makeup exams.