ACCTG 325 - Intermediate Managerial and Tax Accounting

This course is guaranteed to be the best combined managerial and tax accounting course you take...ask anyone...it's great.

At the end of this ACCTG 325 course, you will be able to:

Calculate taxable income, and ultimately the federal income tax, for individuals and corporations.
Compare and contrast the different taxable entities.
Assess the effects of personal, investment, and business transactions individually and collectively on the federal income tax and other selected taxes.
Define and illustrate various cost terms and concepts and evaluate their relevance for different decision-making purposes.
Discuss the impact of technology on the manufacturing environment and its implications for product costing and the development of activity-based costing and management.
Explain the development and use of standard costs, prepare and interpret variance analysis reports and relate them to responsibility accounting and control.
Explain the purposes of budgeting; prepare a master budget and its component schedules and relate the budget to planning and control.