Any decision in a firm has a financial impact: recruiting, investing, producing, selling... Any project, forecast or analysis require relevant information to make the good decision. Managerial accounting provides key data to managers for planning, controlling and analyzing the decisions' impact.
Course objectives

• 1. Analyze the performance of the firm according to the decision making;
• 2. Understand the cost structure
• 3. Assess the new opportunities of the firm;
• 4. Allocate efficiently the resources of the firm;
• 5. Communicate and report about the financial and operational situation towards managers.

At the end of the course, students should know and be able to demonstrate their ability to:
1. Master the key instruments of managerial accounting (job order costing, ABC...)
2. Analyze and discuss the performance of the corporation, how it can be measured and managed
3. Evaluate an accounting control system
4. Use management accounting to pilot the corporation (Balanced Scorecards, budgets...)
5. Critically evaluate the implication of environmental, social, and economic changes with respect to the management system