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Course Description
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Course Name
Managerial Accounting
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Host University
Anglo-American University
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Location
Prague, Czech Republic
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Area of Study
Accounting, Management
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Language Level
Taught In English
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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.
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ECTS Credits
6 -
Recommended U.S. Semester Credits3
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Recommended U.S. Quarter Units4
Hours & Credits
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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.
Course Disclaimer
Courses and course hours of instruction are subject to change.
Eligibility for courses may be subject to a placement exam and/or pre-requisites.
Some courses may require additional fees.
Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.
ECTS (European Credit Transfer and Accumulation System) credits are converted to semester credits/quarter units differently among U.S. universities. Students should confirm the conversion scale used at their home university when determining credit transfer.
Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.