Responsibility Concepts and Sound
Understand concepts in responsibility accounting.
Be able to provide a framework for rational business decision making, and understand
how to apply t
Understand the need for, nature of, and benefits associated with budgeting.
Know about organizational behavior dimensions of the budgeting process.
Know the components of a master budget.
Understand the ethical duty of managerial accountants to provide proper costing
Apply concepts and techniques that are used to fairly measure and report job costs.
Be able to tra
Standard Costs and Variances
Understand the concepts of standards and standard costs.
Know how to calculate direct materials price and quantity variances, and understand
their implications in assessing materia
Be able to distinguish between financial and managerial accounting.
Know how managerial accounting supports planning, directing, and controlling activities
within an organ
Issues in Accounting for
Corporate Debt and Equity
Be able to articulate the advantages and disadvantages of preferred stock as an alternative class of equity capital.
Be familiar with the accounting for tradi
Extend your knowledge of fixed and variable costs, and be able to perform cost
Understand the contribution margin, contribution margin ratio, and how knowledge of
Final ACC 306
ACC 306: Intermediate Accounting II
Instructor: William Blix
Final ACC 306
Employer sponsored retirement plans can be very
complex for both the employees as well as the employers.
There are two basic types