This course aims at developing students’ ability to collect, analyze, and communicate information to assist management in making more effective planning and control decisions. Students will learn concepts and methods to assist management in the evaluation of the business enterprise. Topics include role and functions of management accounting, cost concepts and classification, product costing and cost accumulation, activity-based costing and activity analysis, cost-volume-profit analysis, and standard costing and variance. Additionally, students will learn about flexible budget, capital budgeting and cost management tools.