Management Accounting

Code: BMBA220
Apply this course towards: Business Finance, Business Administration – Certificate, Business Administration – Diploma

Course description

This course is an introduction to the fundamental concepts of management accounting. It complements concepts covered in Financial Accounting by focusing on the accounting functions internal to the organization.

Management Accounting is concerned with the data and techniques used in the decision-making process. This includes:

  • analysis and accounting for costs
  • exposure to cost behaviour (cost-volume-profit)
  • the contribution approach
  • variance analysis
  • differential cash flows
  • budgeting

The course will also discuss recent developments such as activity-based costing.

Learning objectives

  • Develop their analytical, problem solving and decision-making skills.
  • Learn how to use accounting information to make basic business decisions.
  • Apply strategic thinking within the problem solving process.
  • Improve communication skills (both written & oral).

View sample course outline (PDF). 

Prerequisites

Students are required to complete the following before beginning BMBA220:

 

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