Apr 25, 2024  
Undergraduate Catalog 2020-21 
Undergraduate Catalog 2020-21 [ARCHIVED CATALOG]

Add to Portfolio (opens a new window)

ACTY 3910 - Global Sustainability Accounting and Reporting

This course provides students with an understanding of how accounting information and reporting is essential for planetary sustainable operations. Accounting information forms the basis for evaluating the ability of an organization to address current business needs, successfully develop a long-term strategy and manage risk for all products, systems, supply chains, and processes to preserve resources for future generations. Topics covered may include: importance of accounting for decision making; financial statements understanding and analysis; short-term budgeting and control for economic sustainability; evaluation of sustainable projects using capital budgeting techniques, considering potential tax credits, externality costs, sensitivity analysis and simulations; short-term sustainable decision making during the entire product life cycle; mandatory accounting and reporting of environmental contingencies in the United States and internationally; activity based and life cycle costing of sustainable operations. Conventional cost and management accounting concepts are discussed, with a focus on sustainability issues. This course satisfies WMU Essential Studies Level 3: Connections – Global Perspectives Category.

Prerequisites & Corequisites: Prerequisite: MATH 1160 or ACTY 1010, or equivalent. A grade of “C” or better is needed in any prerequisite.

Credits: 3 hours

Add to Portfolio (opens a new window)