Mar 28, 2026  
Academic Catalog 2025-2026 
  
Academic Catalog 2025-2026
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ACC 514 - Financial Accounting for Decision Making


This course introduces the financial and managerial accounting principles necessary to evaluate and use accounting data in business decision making and planning. Managerial accounting topics include interpreting financial statement information to assess business entity operating performance, describing the theoretical principles supporting accrual-based accounting, producing complete financial statements from source data, determining business performance through trend analysis and the importance of the balance sheet, income statement and statement of cash flows and how they are used by stakeholders.

Credit(s): 3

Prerequisite(s):
MGT 502 .

Outcomes
  • Integrate the accounting knowledge and skills necessary for business management activities.
  • Explain the structure of the financial accounting foundation and the related financial statements.
  • Analyze major components of financial statements.



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