A course emphasizing product costing using traditional and innovative methods and demonstrating how cost accounting information is used for planning, controlling, performance evaluation and decision making. Examples of actual manufacturing and service industries help illustrate cost concepts. Students explore real-world ethical questions confronted in the cost accounting environment. This course provides a basis for understanding, developing, evaluating and using practical accounting information systems. The importance of accounting controls is emphasized as well as the technical tools used by accountants.
Students review and build on accounting cycles and applications through a computerized project.
Performance Auditing 3 Cr. Performance auditing measures organizational effectiveness through program examination in the government and non-profit sectors and internal audits in the private sector. The emphasis is on management performance rather than financial results. Case studies will be analyzed and discussed. The course is appropriate for all students planning to pursue financial and managerial careers.