BUAD 5111 - Accounting for Decision Making

(2)

This course develops students’ ability to prepare accounting information that enhances decision-making within organizations. The accounting information is non-financial as well as financial, primarily forward -looking, generally model-based, assembled in reference to the needs of managers within an organization (as opposed to regulators, creditors , or shareholders), and often disaggregated to enable various analyses (on products, services, activities, divisions, tasks, operations, etc.) to be performed, which support the performance of management planning and control functions. The course emphasizes managerial decision-making and control of operations using accounting information systems. Included are basic accounting concepts, accounting for manufacturing and investment decisions, and designing management control systems to implement strategies (e.g., transfer pricing, balanced scorecard.)