ACCT 550 - Cost Management for Controllership

Credit(s): 3
3 semester hours
Prerequisite(s): ACCT 240 and ACCT 250 or their equivalents.
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.