Skip to content Skip to footer site map


ACCT 5 is the first of two management accounting courses in the Business-Accounting program and the first of three managerial accounting courses in the Business Administration-Accounting program.  Management accounting differs from financial accounting in that it concentrates on the estimation, accumulation and presentation on internal accounting information for performance evaluation and decision making purposes.  Emphasis in this first course is on defining management accounting concepts and terminology.  It introduces job order costing, cost behaviour and the preparation of contribution format income statements.  Finally, special issues with cost-volume-profit relationships will be studied in depth.