Management Accounting

In this course students will learn the difference between financial and managerial accounting. The course will teach the students how to analyse financial statements, assess how costs are classified, budget creation, and be introduced to how information systems facilitate the production of financial reports. Further, students will explore accounting principles such that they are able to analyze internal financial information and in turn reflect this in decision making, with respect to the organizations performance. Management Accounting also examines the political and social context in which labour, employers, the government and society function in order to offer a broader understanding of the strategic context of this function in the workplace. This course is HRPA approved and is required to write the Comprehensive Knowledge Exam 1 (CKE1) and/or the Comprehensive Knowledge Exam 2 (CKE2). These exams are part of the attainment of the externally accredited entry level Certified Human Resources Professional (CHRP) designation (CKE1) and/or the advanced level Certified Human Resources Leader (CHRL) designation (CKE2), respectively. You must achieve a minimum of 65% in any one of the nine CHRP/CHRL courses and an overall average of 70% in these nine courses to be eligible to write the CKE1 and/or CKE 2. For further information on this designation, please see: https://www.hrpa.ca/