Course: ACC240 First Term: 2003 Fall
Final Term: Current
Final Term: 2016 Spring
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Lecture 3 Credit(s) 3 Period(s) 3 Load
Credit(s) Period(s)
Load
Subject Type: AcademicLoad Formula: S |
MCCCD Official Course Competencies | |||
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1. Compare and contrast managerial and financial accounting. (I)
2. Describe the changing business environment and its effects on managerial accounting, including the role of the value chain and the supply chain. (I) 3. Describe the activities of planning, evaluating, controlling, and decision-making. (I) 4. Define cost terms and classifications. (I) 5. Describe the flow of costs. (II) 6. Contrast traditional, activity-based, and newly-developed costing systems. (II) 7. Compute product costs using traditional, activity-based, and newly-developed costing systems. (II) 8. Analyze the behavior of costs and the profitability of a product through cost-volume-profit analysis. (II) 9. Describe the need for operational and capital budgets, and explain the use of budgets for decision-making. (II) 10. Explain how an organization controls costs through the use of financial and non-financial performance measures, including the balanced scorecard and theory of constraints. (II) 11. Explain how an organization manages price, cost, and quality issues. (II) 12. Practice and apply skills in oral and written communication, problem solving and teamwork to analyzing and presenting accounting information. (I, II) | |||
MCCCD Official Course Competencies must be coordinated with the content outline so that each major point in the outline serves one or more competencies. MCCCD faculty retains authority in determining the pedagogical approach, methodology, content sequencing, and assessment metrics for student work. Please see individual course syllabi for additional information, including specific course requirements. | |||
MCCCD Official Course Outline | |||
I. Managerial Accounting
A. Purposes and characteristics B. Changing business environment C. Planning, evaluating, controlling, and decision-making D. Cost terms and classifications II. Costing Systems A. Flow of costs B. Types of costing systems 1. Traditional 2. Activity-based 3. Other C. Cost behaviors D. Cost-volume-profit analysis E. Budgeting F. Financial and non financial measures G. Price, cost and quality H. Non-financial measures V. Role of Accounting in Government B. Local | |||
MCCCD Governing Board Approval Date: 5/27/2003 |