ACCT5003 - Financial Accounting: Reporting and Impact Analysis

Credits: 3

This course provides a comprehensive overview of managerial accounting, focusing on its key procedures, practices, and objectives within modern organizations. Students will differentiate between managerial accounting, financial accounting, and sustainability accounting, analyzing their distinct policies, procedures, and reporting responsibilities, including the legal constraints at both state and federal levels. The course will highlight the role of managerial accounting in decision-making and management reporting, emphasizing its connection to strategic planning and control functions. Students will explore essential managerial accounting tools used to measure financial performance and assess impact investments, equipping them with practical skills for effective organizational management.