BA213 Managerial Accounting: Learning Objectives

BA213 Managerial Accounting: Learning Objectives General Knowledge and Skills Outcomes Colleg Each student shall understand and be able to use basic concepts in algebra, calculus and quantitative e methods in solving business problems. BA213 Each student shall be able to frame problems using known relationships in financial information and use algebra to solve a wide range of common managerial accounting problems. Discipline Specific Outcomes Colleg Each student shall have a thorough understanding of core business disciplines including accounting, e finance, management, and marketing and be able to apply this understanding to business situations. BA213 Each student shall have a thorough understanding of basic managerial accounting concepts and be able to apply this understanding to business situations. Colleg Each student shall be able to evaluate the financial position of organizations. e BA213 Each student shall understand and be able to apply basic knowledge regarding:  the differences in how financial information is recorded and presented for service, merchandising and manufacturing firms  the basic cost flows involved in manufacturing  the differences in absorption and variable costing and how those differences affect financial statements

 the appropriate format for segment reporting and how to evaluate cost centers, profit centers and investment centers Colleg Each student shall be able to select and apply appropriate quantitative and non-quantitative tools and e methodologies to make reasoned recommendations. BA213 Each student shall be able apply the following methodologies to make reasoned recommendations:  the mechanics and limiting assumptions of cost-volume-profit analysis  the structure of and interrelationships in operating budgets  the mechanics of standard costing and interpretation of variances  cost behavior analysis and the use of flexible budgets Colleg Each student can recognize and analyze problems and choose and defend resolutions for practical e situations that occur in business operating within a global economy. BA213 Each student shall understand what makes revenues and costs relevant to decisions and be able to apply that knowledge to analyze particular decisions to make a reasoned recommendation regarding that decision. Each student shall understand the difference between short run and long run decisions and be able to select and apply appropriate methodologies for dealing with each. Colleg Each student shall have an appreciation of ethical issues in economic competition, managing e organizations and participating in the community. BA213 Each student shall understand how the concepts of competence, confidentiality, integrity and objectivity are important to the ethical practice of managerial accounting and how to resolve ethical conflicts in an appropriate way.