Managerial Accounting –

acc226

(3 credits)

This course provides an introduction to managerial accounting and covers various fundamental concepts relating to the accounting environment. Topics include: short-term and long-term financial assets, current and long-term liabilities, contributed capital, stock holder equity, the analysis of financial statements, and cost concepts and allocation.

This undergraduate-level course is 9 weeks. To enroll, speak with an Enrollment Advisor.

Topics and Objectives

Short-Term Financial Assets
- CheckPoint: Ethics and Computing Depreciation
- Compute accounts receivable turnover.
- Use the allowance method to account for addressing uncollectible accounts.
- Perform accounting entries for promissory notes.
Long-Term Financial Assets
- Record the disposal of depreciable assets.
- Identify management issues associated with depreciation methods.
- Account for the cost of property, plant, and equipment.
- Compute depreciation using the straight-line, production, and declining-balance methods.
Current Liabilities
- Classify liability types.
- Prepare payroll related journal entries.
- Identify ethical issues relating to current liabilities.
Contributed Capital
- Record stock issuances.
- Calculate dividends and stock splits.
- Compute earnings per share.
Long -Term Liabilities
- Identify different bond terms.
- Examine practices associated with the issuance of bonds.
- Calculate amortization of bond discounts and premiums using standard methods.
Statement of Cash Flows
- Prepare a statement of cash flows using the indirect method.
- Analyze sources and uses of cash.
- Analyze a statement of cash flows.
Financial Statement Analysis
- Evaluate financial statements using horizontal analysis, trend analysis, vertical analysis, and ratio analysis.
Managerial Accounting Concepts and Principles
- Differentiate between managerial and financial accounting practices.
- Describe the lean business model.
- Define product costs and period costs.
- Prepare a manufacturing statement.
Financial Health Analysis
- Appraise the financial health of a company based on various financial sources.

The University of Phoenix reserves the right to modify courses.
While widely available, not all programs are available in all locations or in both online and on-campus formats. Please check with a University Enrollment Advisor.
Transferability of credit is at the discretion of the receiving institution. It is the student’s responsibility to confirm whether or not credits earned at University of Phoenix will be accepted by another institution of the student’s choice.

Managerial Accounting –

acc226

Short-Term Financial Assets

Long-Term Financial Assets

Current Liabilities

Contributed Capital

Long -Term Liabilities

Statement of Cash Flows

Financial Statement Analysis

Managerial Accounting Concepts and Principles

Financial Health Analysis

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