A practice set is required which demonstrates the accounting cycle of a merchandise enterprise. Manufacturing cost, branch and departmental accounting, budgeting, special reports for management, and statement analysis.
Special emphasis is placed on the theory and principles of accounting for a sole proprietorship.
Special emphasis is placed on managerial accounting concepts, planning and control of business decisions and the budgeting process. This course is a continuation and expansion of accounting procedures covered in B AD 4A. Topics include billing, purchasing, product assembly, inventory control, payroll, taxation, and reporting and graphics presentations. Functions such as staff requirements and recruitment, staff supervision and evaluation, management-labor relations and compensation management will be presented. The increasing importance of the human relations to the firm's production will be emphasized. The study of the American Legal system and principals of law as applied to business.