This case study, and efficacy of impact outcomes, uses a pre-functional analysis in-class activity and a post-course research project to highlight how working on a Functional Analysis (FA) project impacted students' understanding of the functions of Managerial Accounting and the role of Management Accountants in an organization. This presentation helps faculty teaching advanced managerial or cost accounting courses design a case study using a "fictitious" company, the “Functional Analysis Company” and that company’s functions to help students understand the various activities of a company's value-chain.  The efficacy of the case was analyzed using a mandatory 19-questions Likert Scale plus qualitative responses survey of students' feedback about their experiences doing the case.  For this analysis, the survey questions and data results, and discussions are aggregated to address the following three specific impact outcomes for the students: 
         1. How did completing this case study help advance their career objectives?
         2. How did completing this case study help advance their managerial accounting skills?
         3. What is the students’ perception of the impact value of pursuing an advanced managerial or cost  
           accounting course? 

The efficacy is based on two major analyses, Kruskal-Wallis and Pearson’s Chi Square (with extended Odd Ratio analysis.) I analyze the correlation of the independent variables (Gender, Majors of study, GPA, & Time spent on project) to the three dependent impact outcomes. The results suggest this case study has significant impacts on students’ understating of how managerial accounting relates to their career objectives, accounting skills, and their perception of the value of the course. Nevertheless,  results indicate "Time-spent" completing the case has the greatest overarching correlation to the three impact outcomes addressed.

Career, Skills, and Course Value: A Managerial Accounting Case Study

[Annual Meeting Website](https://aaahq.org/Meetings/2020/Annual-Meeting)

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 AAA 2020 Virtual Annual Meeting and Conference on Teaching and Learning

The American Accounting Association is the largest community of accountants in academia. Founded in 1916, we have a rich and reputable history built on leading-edge research and publications. The diversity of our membership creates a fertile environment for collaboration and innovation. Collectively, we shape the future of accounting through teaching, research and a powerful network, ensuring our position as thought leaders in accounting.