1. Determine the difference between managerial and financial accounting, and their Interrelationship.
2. Analyze the concepts of job order costing, process costing, and activity-based costing.
3. Conduct cost-volume profit analysis, incremental analysis, and analyze pricing issues.
4. Develop operational and financial budgets for profit planning.
5. Establish standard cost, analyze and report variances from standards, and prepare a balanced scorecard.
6. Plan and evaluate capital investments.
7. Prepare and analyze the statement of cash flows and financial statement analysis.
8. Use technology and information resources to research issues in managerial accounting.
9. Write clearly and concisely about managerial accounting using proper writing mechanics.