2015-2016 Catalog

ACCT 1120 Accounting III

4.0 - 1.0 - 4.0

Prerequisite

(1) ACCT 1110 - must be completed prior to taking this course.

Course Description

This is the third of three accounting principles courses. The course content includes an introduction to management accounting, manufacturing operations, and cost accounting systems. Other topics covered include budgeting, cost-volume-profit analysis, performance evaluation using variances, differential analysis, product pricing, decision-making, and capital investment analysis. Applications of well-known companies are illustrated throughout the course. NOTE: Students should attempt to take ACCT 1100, ACCT 1110, and ACCT 1120 immediately after one another to facilitate understanding and learning. It is helpful to complete the math requirements early in the program of study.