MAC 5010 Accounting Foundations II
This course will prepare incoming graduate accounting students with a foundation in financial statement analysis and managerial accounting. The course material begins with a continuation of the financial accounting topics covered in Accounting I, focusing on long-term liabilities, cash flow, and financial statement analysis. The managerial accounting topics covered include the elements of cost in business organizations, basic cost behavior patterns, decision-making, cost-volume profit analysis, and budgeting.
Graduate accounting students lacking six credits of undergraduate accounting are required to take this course as a prerequisite for the core MAC courses.
Prerequisite
class='sc-courselink' href='/en/catalogs/wilmington-university/2020-2021/graduate-catalog/courses/mac-accounting/5000/5000'>MAC 5000 or BAC 101