ACC 126 - Principles of
Class hours: 3 lecture
Prereq: “C” or higher in ACC 125.
Comments: Credit by exam is not an available option.
Description: This course is an introduction to managerial accounting including financial reporting and analysis, responsibility accounting by departments, and cost accounting for manufacturers. Topics include: reporting and analyzing performance (including budgeting and break-even analysis), internal control, and standard cost systems. Upon successful completion of this course, the student should be able to demonstrate an understanding of the knowledge of accounting information and methods that are essential for decision-making internal to the firm.