Financial & Managerial Acct
An overview of the principles and procedures of managerial accounting, this course prepares students to interact with the accounting professionals they will rely on to operate a business effectively. Accounting is a critical tool for assessing an organization's financial and resource opportunities, as well as the effectiveness of market and operational decisions. This course will look at this essential function from the perspective of both the designer and the manager, as it examines traditional and nontraditional accounting areas. Topics including understanding financial statements, bookkeeping, budget techniques, and measures of corporate performance are discussed alongside issues such as accounting for and measuring social and environmental values, creating integrated bottom lines, and brand value. Students will learn how to evaluate the performance of an organization, whether for-profit or nonprofit, and use this understanding to shape more sustainable organizational decisions.