ACCT 503 - Strategic Management Accounting

Credit(s): 3
Lecture: 3
Non-Lecture: 0

This course involves an in-depth coverage of selected contemporary aspects of advanced management accounting and strategic cost management, and will be conducted as a seminar/discussion class with extensive use of case studies. Topics include the historical perspective of management accounting, regression analysis and cost behavior, resource allocation and capacity cost, activity based costing and management, cost based decision making, decentralization and performance evaluation, financial and non-financial measures of performance, the balanced scorecard, advanced aspects of capital expenditure evaluation, and incentive compensation schemes. Offered every spring

Prerequisite(s): ACCT 270 and senior/graduate status.