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College Catalog 2010-2011

MGMT 562 Financial and Managerial Accounting

Prerequisites: ECON 560, MGMT 560 and MGMT 553, or its equivalent. (First semester/ 3 credits) 

This course extensively examines the use of accounting information for decision-making. Descriptions and cases of actual financial and managerial accounting practices in real-world business, governmental and not-for-profit organizations will introduce students to traditional and emerging practices in accounting. Students will also evaluate the impact that various accounting methods have on the financial statements of an entity.