ACCT 520G Advanced Strategic Management
This course continues the emphasis on the role of financial and nonfinancial information for strategic planning and control decisions from the Strategic Management Accounting course. It focuses on the strategic components of cost/price, quality, time, flexibility and innovation in the learning organization. Coverage of strategic cost management, cost of capacity, kaizen, time-based competition, agility, competitive intelligence, pricing, distribution channels, environmental accounting, cost accumulation systems and comprehensive performance indicators is included.
Note: Read "Organizational Role of Management Accountants" module and complete problems 2, 8, 9 & 10 before first class meeting.
Prerequisites
Special information
4 Graduate credits
Effective July 26, 2000 to present
Learning outcomes
General
- Analyze financial and non-financial information to conduct cost and management accounting calculations for analysis in organizations.
- Demonstrate ethical practices in cost accounting.
- Compare and contrast impacts of various cost accounting methodologies on performance in a strategic decision-making environment.
- Evaluate the strategic application of operating and capital budgeting.
- Formulate critical recommendations, both oral and written, to organizations based on cost accounting analyses.