Nov 30, 2024  
2021-2022 UMass Dartmouth Graduate Catalog 
    
2021-2022 UMass Dartmouth Graduate Catalog [Archived Catalog]

ACT 671 - Strategic Cost Management

Credits 3
Requirements: Prerequisite: ACT 650Lecture / 3 hours per week
Illustration of the importance of management accounting information in strategic business decisions. The main purpose of Strategic Cost Management (SMC) is to support decision-makers in developing, communicating, implementing, evaluating and modifying organizational strategy. We develop the role of cost management in making strategic decision using three tolls: value chain analysis, strategic positioning analysis, and cost driver analysis (activity-based costing).
Graded