COMM 458 - Fundamentals of Managerial Accounting
This course focuses on financial information for managers, who as part of their career are involved in decision making, planning, control and performance evaluation roles. It is likely that most of you will become manager; this course introduces the basic tools common to most managers’ roles regardless of your background and specific job related duties. Restated, this course is somewhat of a "how to" course, introducing several generic management tools, procedures, perspectives and issues which are basic to the management process. COMM 458 only loosely builds on the basic financial accounting model developed in COMM 457.
Fundamentally COMM 458 looks inward, seeking to meet management's information needs, rather than looking outward to the needs of investors and creditors as was the case in COMM 457. Restated, this course is focussed on a (internal) managers’ perspective rather than a (external) financial point-of-view.
Note: This course is part of the Minor in Commerce program for students attending Faculties outside of the UBC Sauder School of Business. See your home faculty for admission requirements and program details.
Prerequisite: One of COMM 293, COMM 457.