This course is an accelerated introduction to concepts and practices of financial and managerial accounting for managers. The financial part of the course will deal with the recognition, measurement, and reporting of a firm's economic transactions with a focus on procedures applied in accounting for business combinations and consolidated financial statements, along with segment and interim reporting.
The managerial part of the course will focus on the use of accounting information to measure, analyze, and report economic events for internal decision-making purposes. Students will learn about cost behavior, cost-volume-profit analysis, and activity-based costing.