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Management Accounting and Control

This course will allow participants to be informed users of accounting information that is strategic and that supports and enhances the direction of the organization. This course emphasizes the use of accounting data from the perspective of managerial decision-making. The manager's use of accounting output will be focused upon financial accounting (understanding the role of external financial reporting as a scorecard of managerial performance), cost accounting (what a product or service costs and how that information can be used for effective decision-making), strategic cost management (the use of accounting information for value chain analysis and assessment of opportunities), and management control (evaluation of strategy and planning).