This session revisits useful, but potentially underutilized, managerial accounting techniques. You will appreciate a fresh look at concepts you may not have considered since your college days. We will illustrate practical ways you can immediately implement managerial accounting analysis in your professional endeavors.
Learning Objectives
Recognize differences between financial and managerial accounting Revisit fundamental managerial accounting concepts Utilize managerial accounting to facilitate decision-making Be able to apply managerial accounting techniques to actual business circumstances
Major Topics
Target profit and Break-even analysis Relevant costs and decision-making Standard costs and variances Activity-based costing Segment reporting and analysis Budgeting
