Contents of Accounting for Managers course Chapter 1: Managerial Accounting & The Business Organization.

At the end of this chapter students should be able to: Describe the major users accounting information. and uses of

Describe the cost-benefit and behavioral issues involved in designing an accounting system. Explain the role of budgets and performance reports in planning and control. Discuss the role accountants play in the companys value-chain functions. Explain why accounting is important in a variety of career paths. Identify current accounting. trends in management

Explain why ethics and standards of ethical conduct are important to accountants. Chapter 16: Understanding Corporate Annual eports: Basic !inancial "tate#ents. At the end of this chapter students should be able to: Recogni e and define the main types of assets in the balance sheet of a corporation. Recogni e and define the main types of liabilities in the balance sheet of a corporation.
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 Recogni e and define the main elements of the stoc!holders e"uity section of the balance sheet of a corporation. Recogni e and define the principal elements in the income statement of a corporation. Recogni e and define the elements that cause changes in retained earnings. Identify activities that affect cash# and classify them as operating# investing# or financing activities. $ssess financing and investing activities using the statement of cash flows. Explain the role of depreciation statement of cash flows. in the

Chapter 1$: Chapter !inancial Anal%sis. At the end of this chapter students should be able to: %se the financial rations & common si e analysis to evaluate the financial performance of the firm. Chapter &: 'ntroduction to Cost Beha(ior and Cost)*olu#e elationships. At the end of this chapter students should be able to: Explain how activity cost drivers affect cost behavior. 'how how changes in cost driver levels affect variable and fixed costs.
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 (alculate brea!-even sales volume in total dollars and total units. (reate a cost-volume-profit graph understand the assumptions behind it. and

(alculate sales volume in total dollars and total units to reach a target profit. Differentiate between contribution margin and gross margin. Explain the effects of sales mix on profits (ompute cost-volume-profit relationships on an after-tax basis. Chapter 6: ele(ant 'nfor#ation for +ecision #a,ing -ith a !ocus on Operational decisions. At the end of this chapter students should be able to: %se a differential analysis to examine income effects across alternatives and show that an opportunity-cost analysis yields identical results. Decide whether to ma!e or to buy certain parts or products. (hoose whether to add or delete a product line using relevant information. Decide whether to !eep or replace e"uipment. Identify irrelevant costs. Chapter $: 'ntroduction to .reparing the Master Budget.
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Budgets

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At the end of this chapter students should be able to: Explain how budgets facilitate planning and coordination. $nticipate possible human relations problems caused by budgets. Explain potentially dysfunctional incentives in the budget process. Explain the difficulties of sales forecasting. Explain the major features and advantages of a master budget. )ollow the principal steps in preparing a master budget. *repare the operating supporting schedules. budget and the

*repare the financial budget. Chapter 11: Capital Budgeting. At the end of this chapter students should be able to: Describe capital-budgeting decisions and use the net present-value +,*-. method to ma!e such decisions. Identify relevant cash flows for ,*- analyses. (ompute the after-tax net present values of projects. Explain the after-tax effect on cash received from the disposal of assets.
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 %se the paybac! model and the accounting rate-of-return model and compare them with the ,*- model. %se the IRR model and discounted paybac! period model. (ompute the impact of inflation on a capitalbudgeting project. +r. Ashraf 'brahi#