MBA 5340 Financial Accounting

3 units
MBA Program
Telfer School of Management
Use of accounting information in decision-making by internal users. The role of accounting in the evaluation, control, and decision-making of business managers. Using ratio analysis, performing a business diagnostic in terms of management, profit, liquidity, and solvency. The relationship between cost structures and profit (profit threshold, cost-volume-benefit analysis). Use of appropriate costs in making performance-driven decisions. Understanding budgets for planning purposes. Differentiate different types of budget. Gap analysis in budgetary control. Accounting activities. Treatment of indirect costs in costing (products and services). Activity and process management. Use of cost inducers in cost management strategy. Evaluating performance. Accounting issues related to sustainable development.

Components:

Lecture

Previously Offered Terms:

Fall
Winter
Summer

French Equivalent:

Organized

189 responses

4.41

/ 5

strongly agree
65%
agree
25%
disagree
7%
strongly disagree
3%
25%
50%
75%
100%

Clear Expectations

62 responses

4.55

/ 5

strongly agree
66%
agree
27%
neither agree nor disagree
3%
disagree
2%
strongly disagree
2%
25%
50%
75%
100%

Learned a Lot

187 responses

4.30

/ 5

strongly agree
58%
agree
28%
disagree
11%
strongly disagree
2%
25%
50%
75%
100%

Recommend

127 responses

4.32

/ 5

strongly agree
54%
agree
37%
disagree
7%
strongly disagree
2%
25%
50%
75%
100%

Workload

127 responses

2.55

/ 5

very heavy
11%
heavier than average
27%
average
58%
lighter than average
4%
very light
0%
25%
50%
75%
100%

Fair Assessments

188 responses

4.51

/ 5

strongly agree
63%
agree
31%
disagree
4%
strongly disagree
2%
question not applicable
1%
25%
50%
75%
100%