Building on fundamentals learned in Financial Accounting, students are introduced to several important analytical tools found in business. Topics include the time value of money, the concept of risk, budgeting, costing of products, capital budgeting, debt management, and working capital management. Students will use computers extensively in order to become comfortable with these tools. Pre-requisite: ACC 101.

The course is a study of the development and use of accounting information and its importance to management functions. Areas of emphasis include planning and control of operations, evaluation of performance at different levels within the organization, financial analysis, cost systems, budgeting, and decision-making. A computer project is required using spreadsheet software. BSBA majors only.