Surveys the various methods of forecasting and management decision criteria based on analysis of internal and external corporate financial statements. Further, it examines the nature of cost accounting information and how it is used to make managerial decisions that create competitive advantage. Other topics include: developing the ability to incorporate financial information into operational control and analyzing financial statements in relation to the viability of a business. Utilizing historic accounting and environmental information to draw inferences about future management decisions, students should be able to identify and correct operational control using financial information in an application based final project.
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