ISC193 : Financial and Managerial Accounting 3 (3-0-6)
Introduction to both financial and managerial accounting, and emphasizes the analysis and evaluation of accounting information as part of the managerial processes of planning, decision-making, and control. Overview of financial accounting: basic accounting concepts and principles, the structure of various types of financial statements; introduction of managerial accounting and the development and use of accounting information for internal decisions, cost behavior and analysis, product and service costing, and relevant costs for internal decision-making.