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BUSINESS TODAY IS MOVING FASTER THAN EVER BEFORE. CHANGES IN TECHNOLOGY, COMMUNICATIONS, ECONOMIC CONDITION, AND THE LEGAL ENVIRONMENT ARE AFFECTING FIRMS AND THEIR MANAGERIAL ACCOUNTANTS IN MANY NEW WAYS. NOWADAYS, MANAGERIAL ACCOUNTANTS MUST SUPPORT MANAGEMENT IN ALL PHASES OF BUSINESS DECISION MAKING. MANAGERIAL ACCOUNTING ANALYSIS HAS BECOME SO CRUCIAL IN MANAGING AN ENTERPRISE THAT IN MOST CASES MANAGERIAL ACCOUNTANTS ARE NOW INTEGRAL MEMBERS OF THE MANAGEMENT TEAM.

THE AIM OF THIS COURSE IS NOT ONLY TO ENABLE STUDENTS TO PRODUCE ACCOUNTING INFORMATION AS REQUIRED BY MANAGEMENT ACCOUNTANTS BUT ALSO TO HELP STUDENTS TO UNDERSTAND HOW MANAGERS ARE LIKELY TO USE AND REACT TO THE MANAGERIAL ACCOUNTING INFORMATION PRODUCED. MANAGEMENT ACCOUNTING I THEREFORE INTRODUCES STUDENTS TO THE CONCEPTS AND FUNDAMENTALS SUCH AS COST TERMS, SYSTEMS DESIGN, COSTING SYSTEMS AND OTHER SIGNIFICANT ISSUES RELATING TO MANAGERIAL ACCOUNTING.
Skill Level: Beginner