The page uses Browser Access Keys to help with keyboard navigation. Click to learn moreSkip to Navigation

Different browsers use different keystrokes to activate accesskey shortcuts. Please reference the following list to use access keys on your system.

Alt and the accesskey, for Internet Explorer on Windows
Shift and Alt and the accesskey, for Firefox on Windows
Shift and Esc and the accesskey, for Windows or Mac
Ctrl and the accesskey, for the following browsers on a Mac: Internet Explorer 5.2, Safari 1.2, Firefox, Mozilla, Netscape 6+.

We use the following access keys on our gateway

n Skip to Navigation
k Accesskeys description
h Help
 

 

 
 
    Saint Mary's University of Minnesota
   
 
  Sep 23, 2017
 
 
    
2017-2018 SGPP Catalog and Handbook
[Add to Portfolio]

AC205 Managerial Accounting Principles (3 cr.)

Prerequisite(s): AC200  Co-requisite
This course is an introduction to the managerial accounting and reporting systems used for decision-making purposes. Topics include cost accounting and variances, cost-volume-profit relationships, job order and process cost systems, budgeting and measuring performance, and an introduction to the time value of money and the capital budgeting process.

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

  1. Evaluate the information available from the accounting records that is used in the managerial decision-making process.
  2. Apply job costing, activity-based costing and other cost management tools in the managerial decision-making process.
  3. Recognize various types of computer software and relate the importance to cost accounting and management reporting.
  4. Prepare, monitor, analyze, and report on the results of the budget process.
  5. Employ the various types of cost accounting processes.
  6. Apply the basic concept of time value of money in the capital budgeting process.



[Add to Portfolio]