Cost Accounting

Description

Cost accounting information is used for both internal and external reporting purposes and plays a vital role within an organization as a basis for making sound business decisions. This course is an extension of Managerial Accounting with its primary objective to develop an in-depth understanding of cost accounting tools and techniques at an advanced cost accounting level. More specifically, students will learn fundamental cost analysis principles, generalizations and theories and gain in-depth factual knowledge of various product costing management systems (terminology, classifications, methods & trends), and learn various cost allocation methods. Overall, students are introduced to various methods to assist in decision-making, both operational and strategic within the organization developing their skills, competencies, and points of view needed by accounting professions. Run Time: 11:41:31