ACCT 210 Spring 2011 Syllabus-1

ACCT 210 Spring 2011 Syllabus-1 - ACCOUNTI NG 210 M...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
ACCOUNTING 210 – Managerial Accounting Spring 2011 OVERALL COURSE OBJECTIVES 1. Building on your study of accounting, information systems and the financial reporting process, enable you to understand, interpret, use (and adapt) this information for internal decision making purposes. 2. Enable you to design, construct, operate and use an accounting information system in internal decision making. 3. Make you aware of areas of choice in accounting principles and estimates and their impact on both internal decisions and external financial statements. 4. Think critically. A primary objective of this course is to enable you to understand how accounting meets the information needs of various users by developing and communicating information useful for decision making. This objective will be achieved by requiring the following core competencies and outcomes: [1] Fundamental Concepts : How do businesses and other organizations operate and how does accounting serve these entities? [2] Accounting’s Role in Society : How does accounting meet the information needs not only of investors, creditors and managers but also of our society as well? [3] Accounting Information Systems : How is the usefulness of information reported by an accounting system directly related to that system's design? How are transactions inputted, processed by an accounting information system, and how does output of that system provide useful data to decision makers? [4] Fundamental Concepts Underlying Financial Statements : What are the elements of, the relationships among, and the accounting concepts underlying financial statements and how these concepts may impact and may be modified for use in effective internal decision making? [5] Uses and Limitations of Accounting : What are the uses and limitations of accounting and related information in making business decisions? The above comments, adapted from "The California Core Competency Model for the First Course in Accounting," provide an overall framework for much of what we hope to accomplish in this, your initial course in managerial accounting. 1
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
COURSE GOALS This course is designed to introduce managerial accounting and its fundamental tools and concepts to students who are likely to use such information in future roles as owners and operators of businesses, entrepreneurs, employees, managers, and/or investors. The course lays a foundation for the understanding and use of accounting concepts, skills and judgments in numerous endeavors, both career and personal. Accordingly, by the end of the semester, you should: understand the role and purpose of accounting. understand and use accounting- and business-related tools and concepts. understand how the conceptual framework of accounting and accounting principles
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/14/2011 for the course ACCT 210 taught by Professor Allen during the Spring '08 term at Texas A&M.

Page1 / 7

ACCT 210 Spring 2011 Syllabus-1 - ACCOUNTI NG 210 M...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online