Cost management methods are linked not only to the firm's overall strategy, but also to the management function that uses each method with emphasis in operational improvements. The course develops important strategic concepts that explain how firms compete, and the nature of key measures that managers use to gain and maintain a competitive advantage. Students will learn individual concepts and, more importantly, how they integrate to enable companies to reduce cost while maintaining or increasing revenues. This course will develop the framework for an AIS by integrating the nine content areas as defined by the American Accounting Association's Report of the AAA Committee on Contemporary Approaches to Teaching Accounting Information Systems. Additionally, the student's conceptual understanding of the AIS will be enhanced by several hands-on projects that will include the exploration of existing industry accepted accounting products as well as using database technology to build an accounting information system.
Students focus on the accountant's decision making by utilizing cases in ethics and professionalism.
Students focus on managerial accounting, which deals with the accounting information required for good business decisions. The student examines the general nature of financial management, the American financial system, taxes, and the major financial decisions of corporations. Problem-solving methodology is used to illustrate the theories and tools in financial decision making. This course is a study of practical management of portfolios containing both fixed-income and equity investments. The course will examine the issues in and the procedures for security analysis and portfolio management.