Not too easy. Not too difficult.
I recommend this course to any accounting major, or other business major. However if your in a business major that only requires you to take financial accounting and not managerial accounting than you do not need to take this course. Only do take this course if you are required to take it.
In this course you start learning about long- term liabilities such as bonds. You will also learn about the statement of cash flow and the two methods which are the direct and indirect. Finally you will begin what managerial accounting is really about. I learn about the three types of manufacturing costs and the two types of accounting systems for a manufacturing organization. I also learned how to prepare budgets.
Hours per week:
Advice for students:
Know the rules of debits and credits that you learned in financial accounting. Read about the three types of costs for a manufacturing organization and the two types of accounting systems. Also read about variable, fixed and mixed costs which will appear in some chapters. Also know about the types of budgets, standard costs, incremental analysis, capital budgeting and allocation based costing which you will cover in the end. As always, have your textbook with you, read ahead of time and do your homework's ahead of time.