MIB620 Accounting for Global Decision Making (3 cr.)

This course examines the evolving nature of managerial accounting practice in a rapidly changing global environment. Special consideration is given to unique problems faced by international business concerns with respect to developing and utilizing effective managerial accounting and reporting systems. The latest theoretical and technical innovations in accounting and reporting from around the world are examined.

Upon completion of this course, students are expected to be able to do the following:

1. Verify the language and principles of accounting are used appropriately in international business reporting.
2. Analyze accounting information to develop and make use of financial accounting and reporting systems in an international environment.
3. Evaluate the need for accurate and timely reporting of transactions and results in the demanding global market.
4. Compare and contrast the nature of domestic and international business transactions through accounting.
5. Analyze the accounting process followed in the preparation of financial reports.
6. Compare the basics of differing types of controls and reporting for decisions made by the international manager.