ACCT 550 - Cost Mgmt Advncd Contrlrshp

Credit(s): 3
3 hours lecture, 3 hours contact
Prerequisite(s): ACCT 240 - Intermediate Accounting I and ACCT 250 - Cost Accounting or their equivalents. (These are undergraduate courses - please refer to the undergraduate catalog for course descriptions).
Uses articles on cost management from a variety of authors to examine today’s approach to management accounting, activity-based costing systems, capacity costing, environmental cost management, strategic value chain analysis, improving process performance, performance measurement, planning and control, theory of constraints, and target costing. Encourages students to increase their understanding of the relationship between controllership theory and practice. Requires each student to complete independent research projects related to material being studied, and to present both a written report and group oral presentations.