ACC 403 Principles of Accounting
This course is a survey of the traditional areas of financial and managerial accounting. The emphasis is on the use of financial information in decision making. The course begins with a review of financial statements published under generally accepted accounting principles. The limitations of these statements are emphasized with suggested adjustments to overcome those limitations. The majority of the course focuses on the contribution margin approach to decision making. Additional topics include relevant costs, allocation of costs and performance evaluation.