BUS 645 - Accounting and Managerial Decision Making

3 Credit(s)

This course builds upon the prerequisite (foundation) accounting requirement and provides a more in-depth understanding of the impact of business transactions, the elements of corporate financial statements, and the use of financial statements to evaluate company and management performance through the use of financial metrics, including the construction of essential financial statements using generally accepted accounting principles, financial analysis of statements, and the impact of organizational objectives on accounting choices. Evaluation of management performance includes the examination of asset utilization, growth, profitability, cash flow, and financial health. Students are required to access 10–K filings and analyze selected sections regarding the company’s performance and financial condition. The course also introduces essential cost measurement and cash budgeting concepts that play a role in internal management and control decisions. The course examines accounting-related ethical issues, as well as the impact of the Sarbanes-Oxley Act on management’s responsibility for internal control over financial reporting. Graduate case studies are used throughout the course to examine the impact of accounting and financial decisions on bottom line measures of performance.
Prerequisite(s): BUS 528 or equivalent.