The purpose of this course is to introduce to the students the basic knowledge of using relevant accounting information for decision making. After taking this course, students will know:
(1) the basic terms of cost concepts.
(2) how a management accounting information system operates.
(3) how to manage costs.
(4) how to conduct cost analysis and profit planning.
(5) how to analyze accounting information for various decision making.
(6) how to design an effective management control system.
The class primarily consists of instructor’s lectures. Students are strongly encouraged to ask and discuss during the lectures. There will be mid-term and final exams covering mainly the material. Any makeup exam will not be offered.