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    Oct 02, 2024  
American University Catalog 2024-2025 
    
American University Catalog 2024-2025

KSB-223 Foundations of Managerial Accounting (2)


Accounting is the language of business. Managerial accounting is the subject of understanding how accounting information is used by managers in making business decisions. Managerial accounting plays a crucial role in helping organizations make informed decisions, control costs, and achieve their strategic objectives. Students delve into key topics essential for effective managerial decision-making. Students gain a strong foundation in managerial accounting, enabling them to contribute effectively to organizational success. Grading: A-F only. Prerequisite: KSB-211  with grade of C or better. Restriction: Registration not allowed in both KSB-223 and ACCT-241 . Note: Students may not receive credit toward a degree for both KSB-223 and ACCT-241 .