Catholic International University

Ecclesial Accounting and Asset Maintenance

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FAAM 560

Ecclesial Accounting and Asset Maintenance

3 Credits

This course covers the use of accounting as a management tool for effective management and growth. It includes the strengths and limitations of accounting as an information system, the role of accounting in management, planning and control, and the usefulness of accounting data for evaluating the results of operations and decision-making. Topics also include cost concepts, income planning, budget decision techniques, cost analysis, inventory control, quantitative decision techniques, as well as the introduction to development of accounting and budgeting information systems based on quantitative data processing. Provides a firm foundation in accounting – the language of business – which will help the student to understand and use the results in managerial decision-making and financially evaluate a wide range of programs to advance and integrate the evangelization mission of the Church.

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