Advanced Studies in Managerial Accounting

  • Graduate School of Business |

Description

This course covers advanced management accounting topics and how management accounting systems can be configured and used to support the strategy of an organization. This course is intended to give students an understanding of the demand for and the usefulness of Management Accounting information in the light of the role of Management Accounting to serve the goals and decision making process of any company’s management. The course will give students insights on how the Accounting system provides an organization with data used in making operating decisions, achieving cost control, measuring performance, motivating employees and managing external relationships. This diverse role of Managerial Accounting imposes conflicting demands that imply a trade-off to achieve the optimal situation.

Program

MBA

Objectives

  • Upon the end of this course, students should be able to: • Understand how managerial accounting helps Managemetn in achieving different objectvis through Balanced Scorecard concepts. • Explain the role of costs of qualtiy in imporving financial performance. • Understand the theorties fo constraints and how it can be used to improve perfmarnce. • Conduct customer profitability analysis and interpret different variables that affect firms profits. • Analyze different capital budgeting tools and the effect on performance. • Create ability to deal with different performance measurement techniques. • Create the ability to deal with management control systems and the effec to fo multinational considerations.

Textbook

• “Cost Accounting; A Managerial Emphasis”, 14th Edition, Horngren, Datar and Rajan. Prentice Hall. • “Introduction to Management Accounting”, 16th Edition, Horngren, C. Sundem, G., Burgstahler, D. and Schatzberg, J. Pearson. • “Managerial Accounting”, 14th Edition, Garrison, Noreen, and Brewer. McGraw-Hill. • “Cost Management: A Strategic Emphasis”, 9th Edition, Blocher, Stout, and Smith. McGraw-Hill Education, 2022.

Course Content

content serial Description
1Strategy, Balanced Scorecard, and Strategic Profitability Analysis
2Cost Allocation, Customer-Profitability Analysis, and Sales Variance Analysis
3Balanced Scorecard: Quality, Time, and the Theory of Constraints
4Inventory Management, Just-in-Time, and Backflush Costing
5Management Control Systems and Transfer Pricing

Markets and Career

  • Generation, transmission, distribution and utilization of electrical power for public and private sectors to secure both continuous and emergency demands.
  • Electrical power feeding for civil and military marine and aviation utilities.
  • Electrical works in construction engineering.

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