The second half of this two-semester course covers partnership, corporation and manufacturing financial transactions (including accounting for long-term debt), financial statement analysis and introduction to cost accounting, the use of accounting data and analysis for managerial decision making. Supplemental Laboratory work required. Prerequisite: ACC 11 Corequisite: ACC 41 for Accounting Majors only

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.