ACCT 2302 - Principles of Managerial Accounting

This course is an introduction to the fundamental concepts of managerial accounting appropriate for all organizations. Students will study information from the entity's accounting system relevant to decisions made by internal managers, as distinguished from information relevant to users who are external to the company. The emphasis is on the identification and assignment of product costs, operational budgeting and planning, cost control, and management decision making. Topics include product costing methodologies, cost behavior, operational and capital budgeting, and performance evaluation.

Upon successful completion of this course, students will:

  1. Identify the role and scope of financial and managerial accounting and the use of accounting information in the decision-making process of managers.
  2. Define operational and capital budgeting, and explain its role in planning, control, and decision-making.
  3. Prepare an operating budget, identify its major components, and explain the interrelationships among its various components.
  4. Explain methods of performance evaluation.
  5. Use appropriate financial information to make operational decisions.
  6. Demonstrate use of accounting data in the areas of product costing, cost behavior, cost control, and operational and capital budgeting for management decisions.

Grade Basis: L
Credit hours: 3.0
Lecture hours: 2.0
Lab hours: 3.0


  • ACCT 2301 - Principles of Financial Accounting
  • ACNT 1303 - Introduction to Accounting I AND
    ACNT 1304 - Introduction to Accounting II