This course introduces students to the concepts, theory and application of the control functions of management with regard to financial management decisions and long term planning. Beginning with the basics of cost accounting, the course will cover alternative costing systems; determining relevant costs, revenues and profits; how to make outsourcing and capital budgeting decisions; and internal and transfer pricing. Students will learn how to use financial information to identify and analyze alternative projects to be to undertaken by the firm or business unit in order to optimize profitability.