ACCT 325 - Accounting for Decision Makers

Credits: 5
An intensive study of accounting in various business environments. Emphasizing the relevance of accounting information to managers in various areas of business. Topics covered include: the interpretation and analysis of financial statements, cost analysis and cost behavior, budgeting, and cost/volume/profit relationships. Students are expected to critically evaluate and offer possible solutions for business problems.

Prerequisite: Admission into the BAS in Applied Management program; and (ACCT 110 and ACCT 111) or ACCT& 201; or instructor’s permission.

Course Outcomes:
Students who successfully complete this class will be able to:

Read and interpret financial statements.
Analyze financial statements, thereby gaining an understanding of the financial health of a company.
Understand and explain cost behavior.
Apply various inventory costing methods.
Utilize cost-volume-profit analysis.
Demonstrate an understanding of the role and preparation of budgets.