Metropolitan State University

ACCT 620 : Management Accounting

A. Course Description
Credits: 4
Prerequisites: ACCT 210 Financial Accounting or equivalent with instructor's consent.  
Lab Hours/ Weeks: Corequisites: None
Lecture Hours/ Week :  
MnTC Goals: None
This course focuses on accounting for managerial planning and control. The role of financial and nonfinancial information in a strategically focused decision environment is discussed. Emphasis is on strategic cost management and cost analysis.
B. Course Effective Dates: 08/01/1998 - Present
C. Outline of Major Content Areas:
See Course Description for major content areas.
D. Learning Outcomes (General)
  1. Demonstrate an understanding of the role of financial and nonfinancial information in a strategic decision environment.
  2. Demonstrate an understanding of the responsibilities of a financial manager in a cross-functional organization.
  3. Analyze business scenarios by applying cost analysis and cost management techniques emphasizing technical, behavioral and cultural considerations.
  4. Using a variety of financial and non-financial analyses evaluate the efficiency and effectiveness of management decision making.
  5. Critique business decisions from financial, nonfinancial, and ethical perspectives.
  6. Using relevant analyses create strategically based recommendations in a cross-functional organization.
  7. Create professional business reports utilizing written, oral and visual presentation methods.
E. Learning Outcomes (MN Transfer Curriculum)
This contains no goal areas.
G. Special Information