Catalogue 2014 - 2015

AC 610 Cost-Based Decision-Making


3 cr.


AC 309 or AC 630, or their equivalent.

Course Description

The objective of this course is to provide an Introduction to the aggregation of product costs, managerial control, performance evaluation, pricing, and contemporary topics such as the balanced scorecard. It builds on the technical skills developed in cost and managerial accounting courses, providing a real-world decision-making focus on the use of that information in a strategic business context. Outcomes include identification and application of cost allocation; target cost and cost-plus pricing; preparation and analysis of capital budgets; and an understanding of the issues associated with transfer pricing.