Learning Outcome

The objective of industrial and managerial accounting is planning, controlling, and decision making. Different types of costs, the process of costing, budgeting emerging issues of mergers & acquisition provide aid to management in planning and controlling business activities as well as other facets of management which support for decision making. At the end of the course students would be able to:

  • Explain the overview and role of management accounting within an organization.
  • Describe how costs classifications & techniques, different types of budget; capital budgeting etc. help managers while decision making