What is Managerial Accounting, Why Does Managerial Accounting
Matter to Your Career, What Skills Do Managers Need
to Succeed?
· Normal costing principles. Managerial Accounting and Cost Concepts
Job-Order Costing Process Costing
· Cost-Volume-Profit Relationships Activity-Based Costing Segment Reporting Flexible Budgets and
Performance Analysis Standard Costs and Variances Performance Measurement in Decentralized
Organizations
· Differential Analysis: The Key to Decision Making:-
Identify relevant and irrelevant costs and benefits in a decision, Prepare an analysis showing
whether a product line or other business segment should be added or dropped, Prepare a make or buy
analysis, Prepare an analysis showing whether a special order should
be accepted, Determine the most profitable use of a constrained resource, Determine the value of
obtaining more of the constrained resource., Prepare an analysis showing whether joint products should
be sold at the split-off point or Processed further.
· Capital Budgeting Decisions.
· Pricing Products and Services