Managerial Accounting

Anglo-American University

Course Description

  • Course Name

    Managerial Accounting

  • Host University

    Anglo-American University

  • Location

    Prague, Czech Republic

  • Area of Study

    Accounting, Management

  • Language Level

    Taught In English

  • Course Level Recommendations

    Lower

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • ECTS Credits

    6
  • Recommended U.S. Semester Credits
    3
  • Recommended U.S. Quarter Units
    4

  • Overview

    Course Description 
    This course deals with the presentation of information on which cost conscious management decisions will be made. Management accounting teaches how to decide the amount of funding needed for a given project. It also covers areas like budgetary control and standard costing.

    Course Learning Outcomes
    Upon completion of this course, students will be able to:

    • Comprehend and have a clear understanding of terms and concepts using in business decision-making.
    • Understand and analyze how accounting information is prepared and how it is used in making management decisions.
    • Prepare cost reports for different production systems.
    • Evaluate the consequences of different business decisions using differential analysis.
    • Produce the Master Budget of the company and interpret the differences between planned and actual performance.
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