ACCT 2200 - Managerial Accounting

3 credits

This course prepares students to function effectively in businesses and organizations by providing them with a firm understanding of basic accounting and a solid grip on how to manage accountants and to employ financial information. The accounting foundation includes: “The Accounting Equation”, the creation and use of financial statements, T-charts, journals, “closing the books”, etc. The managerial component includes creating a chart of accounts, preparing and using audits, assessing financial statements, determining operational data, (such as marginal cost), budgeting, etc.