Discover how management control systems direct behaviour towards achievement of organizational strategies and goals. Design and evaluate control systems. Develop effective budgeting systems, incentive systems, and corporate governance systems. Evaluate progress towards organizational goals using a broad range of short- and long-term measures.
Prerequisites:
Introduction to Managerial Accounting (BUS‑204)
Introduction to Managerial Accounting
BUS‑204
Apply basic tools to determine what it costs to deliver products and services, what activities drive costs up or down in your business, what volume of business you need to achieve your desired level of profit, and what costs are relevant for making decisions about special orders, make or buy decisions, product pricing, and capital investments. Prepare and use budgets to translate your business goals into monetary terms.
