PB AF 522
An introduction to financial and management accouting, and an overview of public and nonprofit budgeting systems. Covers tools and techniques for budget analysis and the use of financial information in managerial decision making.
This course examines the theory, development, management, and implementation of systems to manage public financial resources.
Student learning goals
How to read and interpret financial statements and other basic financial information;
cost structures and behavior, and relevant cost analysis;
core principles of budget analysis, financial statement analysis, management control, and budget/financial planning;
the role of financial information in management decision-making;
enduring sources of conflict and compromise in the resource allocation process;
application of budget and financial analysis concepts using spreadsheets and other tools.
General method of instruction
Class assignments and grading