Managerial accounting has two branches:
- Cost accounting, dealing with inventory valuation, and
- Decision support tools such as break-even and cost-volume-profit analysis.
I have been blessed to teach Advanced Managerial Accounting to undergraduate students and graduate students at Moravian University. I also teach Decision Analysis, a class dependent on Managerial Accounting. The following pages catalog some of my thoughts on the subject.
Mark Koscinski CPA D.Litt. 