ACCT 210: Financial Accounting and ACCT 320: Strategic Management Accounting waiver exams
Waiver examinations
ACCT 210: Financial Accounting and ACCT 320: Strategic Management Accounting
Exam Information:
- Each exam is two hours long. Additional time is not allowed.
- The exams may include multiple-choice questions, journal entries, and short answers.
The Financial Accounting (ACCT 210) waiver exam focuses on the concepts and practices of financial accounting including:
preparing entries to recognize economic transactions
analyzing transactions and demonstrating the effect of the transactions on the components of financial statements
using time value concepts to calculate the dollar effect on economic transactions
preparing basic financial statements
calculating basic ratios and trend analysis
analyzing ratios and financial statements for decision-making purposes
The Strategic Management Accounting (ACCT 320) waiver exam focuses on:
the role of financial and non-financial information for planning and controlling decisions,
emphasizing the strategic role of the management accountant in the organization
emphasizing strategy and the application of concepts and practices of management accounting on economic and noneconomic decisions
Topics include:
cost behavior and estimation
cost analysis for planning and control decisions including value chain analysis
CVP analysis
budgeting
relevant cost analysis
target costing
quality costing
benchmarking
Scheduling an Accounting Waiver Exam:
Exams are available in paper format and will be proctored by accounting faculty with arrangements made on an individual situation basis.
Contact:
ACCT 210 Financial Accounting - Professor David Horn
ACCT 320 Strategic Management Accounting - Professor Jennifer Dosch