This course provides an understanding of how financial accounting and reporting information are used by stakeholders of corporations, especially external stakeholders such as investors, lenders, and regulators. Topics include standards and practices of financial reporting, analysis of financial statements, and various methods of measurement of financial transactions.

Managerial Accounting emphasizes identifying and applying common techniques used by organizations to improve operational efficiency and effectiveness, improve profitability and control costs, among others. The course focuses on understanding how managerial accounting is used to help organizations achieve their goals.