This course is designed to acquaint students with the role of the accountant in the management team by providing and assisting in the analysis, interpretation and forecasting of business organizations. It cover covers the discussion of the foundation of management accounting; its expanding role, organizational structure, and professional ethics for management accountants; design of management accounting system (e.g. responsibility accounting system), evaluating the impact of changes in business structure, functions and appropriateness of management accounting techniques and method and methods; performance measurement for planning and control such as: marginal, absorption and opportunity costing; cost behavior; cost-volume profit relationship; advanced analysis and appraisal of financial and related information; business planning and budgetary systems; standard costing and variance analysis; quantitative techniques; and methods for planning and control. 

A minimum of three (3) quizzes shall be given each period (i.e., three during the preliminary period and three during final period). Grades are based on raw scores.