COMR 458 - Fundamentals of Managerial Accounting (formerly COMM 458)
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. COMR 458 only loosely builds on the basic financial accounting model developed in COMR 457.
Fundamentally COMR 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 COMR 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.
Starting in 2020S, the course code for all courses required for the Minor in Commerce will be COMR. This change was made to distinguish Commerce courses taken for the minor from courses taken for the BCom program. This is an administrative change only; course content remains the same. COMM 458 and COMR 458 are equivalent; credit will be granted for only one of the two.