Managerial Accounting – GMBA 1012


This course examines the principles, techniques, and uses of accounting in the planning and control of business organizations from a management perspective. Identified are the budgetary process and related performance evaluation techniques, cost-volume-profit relationship, product costing methods, Just-In-Time (JIT) manufacturing, and Activity Based Costing (ABC). Related theory and application will also be reviewed.

Learning Objectives:

  • how managers use and analyze managerial accounting information to make decisions.

  • how to prepare an operating budget and understand where and how to acquire the necessary information.

  • time value of money analysis using discounted cash flow technique.

  • interpret and explain the difference between net present value, internal rate of return and payback.

  • analyze a capital budget request.

Action Learning Project:
Students will create two projects during this course.

  1. The first will be a short essay due between the sixth and eighth week of the course.
  2. The second will be a research paper due between the twelfth and fourteenth week of the course.

*Students should consult with their online instructor on any questions regarding theme, design, research, etc.

Recommended Text:
Human Capital Management: Leveraging Your Workforce for a Competitive Advantage; Oct 5, 2013 by Mark Salsbury
The ROI of Human Capital: Measuring the Economic Value of Employee Performance; Apr 30, 2000 by Jac Fitz-enz