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Official Course
Description: MCCCD Approval: 5-27-03 |
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ACC240
2003 Fall - 9999 |
LEC |
3.0 Credit(s) |
3.0 Period(s) |
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Uses
of Accounting Information II |
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Introduction
to the uses of accounting information for internal and external purposes with
emphasis on analysis for use by management. Prerequisites: ACC230. |
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Go to Competencies Go to Outline
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MCCCD
Official Course Competencies: |
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ACC240 2003
Fall - 9999 |
Uses of Accounting Information II |
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1.
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Compare and contrast managerial and financial accounting.
(I) |
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2.
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Describe the changing business environment and its effects
on managerial accounting, including the role of the value chain and the
supply chain. (I) |
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3.
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Describe the activities of planning, evaluating,
controlling, and decision-making. (I) |
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4. |
Define cost terms and classifications. (I) |
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5.
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Describe the flow of costs. (II) |
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6.
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Contrast traditional, activity-based, and newly-developed
costing systems. (II) |
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7.
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Compute product costs using traditional, activity-based,
and newly-developed costing systems. (II) |
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8.
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Analyze the behavior of costs and the profitability of a
product through cost-volume-profit analysis. (II) |
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9.
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Describe the need for operational and capital budgets, and
explain the use of budgets for decision-making. (II) |
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10.
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Explain how an organization controls costs through the use
of financial and nonfinancial performance measures, including the balanced
scorecard and theory of constraints. (II) |
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11.
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Explain how an organization manages price, cost, and
quality issues. (II) |
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12.
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Practice and apply skills in oral and written
communication, problem solving and teamwork to analyzing and presenting
accounting information. (I, II) |
Go to Description Go to top of
Competencies
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MCCCD
Official Course Outline: |
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ACC240 2003
Fall - 9999 |
Uses of Accounting Information II |
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I. Managerial Accounting A. Purposes and
characteristics B. Changing business
environment C. Planning, evaluating,
controlling, and decision-making D. Cost terms and
classifications II. Costing Systems A. Flow of costs B. Types of costing systems
1. Traditional 2. Activity-based 3. Other C. Cost behaviors D. Cost-volume-profit
analysis E. Budgeting F. Financial and non
financial measures G. Price, cost and quality H. Nonfinancial measures |
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