ACCT2221 Managerial Accounting

This course is a presentation of how accounting data and concepts may be interpreted and applied by management in planning and controlling business operations.

Credits

4

Prerequisite

ACCT2155 AND qualifying score on math assessment test OR MATH0940

Course Requirements and Evaluation

Refer to Course Syllabus for detailed information regarding the requirements and evaluation standards for this course. The Course Syllabus will be distributed the first week of the course.

Learning Outcomes

The following outcomes will be addressed in the course:
Define competitive advantage
Explain the importance of relevant costs
Define strategic alignment targets
Calculate transfer prices
Calculate inventory costs using job-costing techniques
Explain activity-based-costing
Explain cost-volume-profit analysis
Differentiate the different kinds of cost behavior
Create a balanced scorecard
Define quality costs
Evaluate pricing policies
Describe the differences between managerial and financial accounting
Apply the concepts underlying strategic capital investment decisions
Calculate standard costs for the use of creating variance analysis reports

Text and References

A list of textbooks required for this course is available at the campus store and in eServices.

Course Scheduling

The scheduled hours of instruction include sixteen hours for each lecture credit, thirty two hours for each lab credit and forty hours for each credit of supervised occupational experience (SOE). Lecture credit may include formal or impromptu lectures, demonstrations or discussions with the entire class or with small groups or individuals. Refer to the Credit Details section of this course outline for the credit breakdown.

Accommodations Statement

Access Services - Reasonable accommodations are available to qualified students with documented disabilities. Upon attending an intake meeting with Access Services, qualified students will receive a letter listing the approved accommodations that they may provide to their instructors. If you have a documented disability that may require accommodations, contact HTC Access Services at AccessServices@hennepintech.edu or https://hennepintech.edu/current-students/access-services/index.html

Campus

Brooklyn Park Campus and Eden Prairie Campus:  952-995-1300

Credit Details

lecture:

4