RSM1222H: Managerial Accounting

This course emphasizes the usefulness of management accounting information for decision-making. Organizations' internal information systems provide crucial knowledge and guidance for a range of managerial decisions, such as pricing, production, capital budgeting, and marketing. Thus, it is both an extension and complement to other core courses. Furthermore, it is essential for students to understand how management accounting information is created, produced, and disseminated for internal stakeholders and purposes; as opposed to financial accounting information which is intended for external ones. Students will learn how internal accounting systems serve two key purposes: a) to provide knowledge necessary for planning and making strategic decisions; and b) to help motivate and monitor people in organizations.

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St. George