The Certificate in Applied Management Accounting for Decision Making will provide students with accounting tools to make managerial decisions in a business setting. This certificate recognizes that such decisions require knowledge of budgetary and cost accounting information and accounting information systems, as well as discipline-specific knowledge.
Learning Objectives
Upon successful completion, students will be able to:
- Define, describe, and differentiate cost systems and their objectives.
- Interpret cost management concepts including: direct and indirect costs; cost drivers; cost behavior; cost flow through accounts, income statements, cost of goods manufactured, and sold statements.
- Prepare a detailed description of activity-based costing.
- Describe the basic characteristics and cost flows of a job-order system and process systems, and differentiate between the two systems.
- Differentiate between support departments and producing departments, and allocate support department costs to producing departments.
- Evaluate direct and indirect (overhead) costs and compute variances.
- Determine the product cost by means of full-costing and direct-costing methods.
- Distinguish relevant from irrelevant information.
- Identify and address impediments to achieving business objectives.
- Describe how the accounting information system and controls are central to ensuring that organizations achieve their objectives.
- Analyze key business processes to help ensure that organizations can achieve their objectives.
Effective Fall 2018
Additional coursework may be required due to prerequisites.
| Code | Title | Credits |
|---|---|---|
| ACT 321 | Cost Management | 3 |
| ACT 350 | Accounting Information Systems | 3 |
| Select one course from the following: | 3 | |
| Project Management for Information Systems | ||
| Advanced Supply Management | ||
| Advanced Logistics | ||
| Program Total Credits: | 9 | |