In this course, control is defined broadly to include everything managers do to help ensure that the organization's strategies and plans are carried out. Most of the course, however, focuses on the use and effects of accounting related controls - that is, those involving measurement and evaluation of performance in financial terms. The course explores the critical decisions that must be made in using accounting related controls, such as choices of responsibility structures, performance measures, performance standards, and the "internal controls" that help ensure measurement reliability. The course also presents situations where accounting controls are not effective. This allows discussion of various forms of non-accounting controls. Prerequisite: Financial Accounitng II or currently enrolled in M.S.A. program.
