15.521 Management Accounting and Control

Spring 2003

A computer showing accounting information.
A computer showing accounting information. (Image by Matthew Palmer.)

Course Highlights

Because this course focuses on how managers use accounting information to make decisions, it is taught with a mix of theory -- as shown in the full set of lecture notes -- and real world applications, including a thorough final exam. Students work by themselves and in groups to write recommendations to the case studies.

Course Description

This course examines management accounting and related analytical methodologies for decision making and control in profit-directed organizations. It also defines product costing, budgetary control systems, and performance evaluation systems for planning, coordinating, and monitoring the performance of a business. This course defines principles of measurement and develops framework for assessing behavioral dimensions of control systems; impact of different managerial styles on motivation and performance in an organization.
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Prof. Joseph Weber

Course Meeting Times

Three sessions / week
1.5 hours / session