ACCT 234 Managerial Accounting • 5 Cr.


Explores the use of managerial accounting techniques and analytical tools in business decision-making. Students focus on short- and long-range financial planning, management planning, and control. Prerequisite: ACCT 102 or ACCT& 202 with a grade of C or better, or entry code.


After completing this class, students should be able to:

  • Explain the types and flow of manufacturing and non-manufacturing costs.
  • Determine and apply overhead costs in job-order, activity based, and process costing systems.
  • Distinguish the overhead application in variable and absorption costing systems.
  • Calculate targeted profit levels and perform a cost-volume-profit analysis.
  • Prepare and use master and flexible budgets, and analyze variances to evaluate performance.
  • Calculate return on investment and construct a balanced scorecard.
  • Evaluate investments and projects by calculating and using the net present value, internal rate of return and payback methods.
  • Discuss the use and application of ethics in managerial accounting.