BUS 106 Managerial Accounting (3 credits)
An introduction to the fundamentals of managerial accounting emphasizing the collection, management and use of accounting information in the decision making process within an organization. Topics include a comparison of the different types of organizations and the impact on their financial statements, long-term debt and equity transactions, reporting and analysis of cash flows, procedures necessary to determine product costs, break-even analysis, profit planning, and cost analysis. The course will incorporate appropriate computer technology in the instruction process. Prerequisite: BUS 105.