This class studies activity-based costing, traditional costing, budgeting, variable and fixed costs, and other topics related to manageemnt accounting.

In this class, students study how to plan and conduct an audit and how to write an audit report. The students also study about cybersecurity and internal controls.

Students can analyze accounting transactions (via debits and credits), prepare income statements, statements of retained earnings, and balance sheets. They learn about the accounting cycle (analyzing business transactions, recording them in the general journal, posting to the general ledger, making adjustments to account balances, preparing financial statements, and closing some accounts). They can do this manually. Students also know about financial ratios and they can analyze financial statements. Students also study about the environmental, social, and governance (ESG) responsibility of business to society and the planet (via non-financial disclosures). The class studies US GAAP, but we are open to exploring IFRS accounting rules, as well.

The Business Policy and Strategy course integrates and applies all prior courses in the School of Business academic program. It is the capstone course and endeavors to address the perspectives, understanding and decisions required of general managers (e.g., CEO). At the end of this course, students will be able to formulate and recommend business level strategy based on: • the relationship of businesses and their domestic and international environments, • industry and competitor analysis, • organizational vision, mission and objectives; • company situation analysis, • the roles of organizational structure, systems and culture in formulating and implementing strategy, and • control mechanisms for monitoring and evaluating the effectiveness of strategic decisions during implementation.