Cost accounting course syllabus

Cost behaviors, systems, and analysis from university of illinois at urbanachampaign. Subjects examined under cape, may be studied concurrently or singly. Acct 100 introduction to accounting course syllabus. Cost accounting is a form of managerial accounting that aims to capture a companys total cost of production by assessing the variable costs of each step of production as well as fixed costs, such as a lease expense. Teaching materials for students scripts, exercise collections, examples of solved exercises, teaching record, detailed course syllabus, application of elearning. Course description this course introduces students to cost accounting concepts and procedures. Accounting 118 is the study of accounting that generates management information for use in economic decisionmaking. This course introduces students to cost accounting concepts and procedures. This required resource has been provided in this course as an ebook. These online accounting classes are central to ashford universitys bachelor of arts in accounting and the master of accountancy. Students are curious about the cma course subjects, cma course syllabus, cma course exam dates and cma course career prospects. Cost accounting is a form of managerial accounting that aims to capture a companys total cost of production by assessing the variable costs of each step of production as well as fixed costs, such as a. This course will examine the importance of analyzing and managing costs.

Cost and management accounting uct online short course. Learning outcomes upon successful completion of the course. Job order and process cost systems are fully explored. Students will study information from the entitys accounting. Knowing icwai exam syllabus 2020 candidates get an idea about the subjects and topics from which questions are asked in exam. Accounting courses also appear in a number of other business degree programs. Diploma in accounting and finance course, eligibility. This course introduces cost terminology and flows, standard cost systems, relevant costing, budgeting, inventory control, capital asset selection, responsibility accounting, and performance measurement. These intermediate financial accounting courses are designed to prepare the student for a career in professional accounting. Course syllabus welcome to acc 118, managerial accounting 4 credits crn 2022 summer, 2015 prerequisites.

The syllabus has been painstakingly designed to help students to. Includes introduction to alternative costing methods such as activitybased and justintime costing. Course syllabus acct 2402 principles of managerial. Students will work with issues and problems that have arisen in practice and then develop the relevant management accounting treatment by applying. A study of budgeting and cost control systems including a detailed study of manufacturing cost accounts and reports, job order costing, and process costing. Cost accounting course syllabus accounting 333 001. The university of cape town uct cost and management accounting online short course introduces you to the core principles of this function and covers a range of central concepts, such as job costing, process costing, absorption costing, and variable costing. After an introduction, we will first focus on the interaction of management accounting and the business process. Cost behavior, cost management systems and decision making are the key issues. Course description the theory and practice of cost accounting with emphasis on its use for planning and control. Cost accounting open courses by atlantic international. Syllabus for cost accounting open courses by atlantic. The caribbean examinations council offers three types of certificationat the cape level.

Cost accounting is an essential management tool that can uncover profitability improvements and provide support for key business decisions. Accounting is a course that continues to build on the knowledge gained. Acct102 strategic cost analysis course syllabus the first part of the course presents alternative methods of preparing managerial accounting information, and the remainder of the course examines how these methods are used by companies. The syllabus has been designed to help students to. The first is the award of a certificate showing each cape unit completed. This course is a study of the fundamentals of cost accounting within an industrial organization. Weekly cost accounting assignments are posted inthe following manner. Undergraduate course syllabus soules college of business. Intermediate integrated professional competence course. In todays workplace, the practice of accounting goes beyond number crunching. Cma course details subjects, eligibility, exam dates. Emphasizing theconcept of different costs for different purposes, this course focuses on cost accounting strategy and the decision making process.

However, if the student prefers a physical copy of the book, he or she may purchase it through the liberty university online bookstore, mbs direct. Course syllabus course code course title ects credits acct312 advanced management and cost accounting 6 prerequisites department semester acct211 accounting fallspring type of course field language of instruction requiredelective accounting business english level of course. Online cost accounting courses are offered by many colleges and universities. Undergraduate course syllabus, soules college of business. By focusing on basic concepts, analyses, uses, and procedures instead of procedures alone, we recognize cost accounting as a managerial tool. Undergraduate course descriptions accounting department. Youll discover how to use costings to make informed management decisions, and learn. It builds on concepts of budgeting, standards, and profitability analysis introduced in acct 202. An effective cost accounting system provides information that can impact operational and financial performances of an entity.

The institute of cost accountants of india statutory body under an act of parliament. These days, the cma course is gaining popularity among commerce students, who want to pursue a career in the area of cost and management accounting. After successfully completing, students should have this course knowledge of. Accounting 121 section 4 dis 36353 cost accounting. Marginal costing profit volume ratio, break even point. You can add any other comments, notes, or thoughts you have about the course structure, course policies or anything else. They are typically offered as part of a degree or certificate program, although they can be taken as single courses by. Cost concepts and behavior cost volumeprofit breakeven analysis. In this course, you will learn how to use accounting to facilitate and align decisions made by owners, managers, and employees. The accounting functions relative to materials, labor, and factory overhead are treated in detail.

Cost accounting provides key data to managers for planning and controlling, as well as data on costing products. Cost accounting course syllabus accounting 533 section 022 fall 2010 instructor dale spradling, phd, cpa office. This course will teach you the fundamentals of financial accounting from the ground up. Cost accounting provides key data to managers for planning and controlling, as well as data on costing products, services, and customers. Determine the product cost by means of historical actual and standard cost systems. Cost accounting in trade business cost of stock in wholesale. It is the formal mechanism by means of which cost of products or services are ascertained and. The cost accounting fundamentals course shows how to improve a business with constraint analysis, target costing, capital budgeting, price setting, and cost. An effective cost accounting system provides information that can impact operational. Acc349 cost accounting course university of phoenix.

This course is an introduction to the fundamental concepts of managerial accounting appropriate for all organizations. If you purchase used books, be certain to consider the price of a standalone access code for the course. Determine the product cost by means of full costing and directcosting methods. A study of the fundamentals of managerial accounting with an emphasis on financial statement analysis, cost accounting measurement systems, cost volumeprofit analysis, managerial decisionmaking concepts, operational budgeting, standard cost systems and capital budgeting. You will learn how to prepare a balance sheet, income statement, and cash flow statement, analyze financial statements, and calculate and interpret critical. Page 1 of 7 cost accounting course syllabus accounting 333 001 summer i 2011 instructor violet rogers, phd, cpa office. Course syllabus welcome to acc 118, managerial accounting. Course syllabus acct 2402 principles of managerial accounting catalog description. Fundamentals of federal income taxation with respect to individuals and other entities, income inclusions and exclusions and statutory deductions in arriving at tax. Mba 5230 or econ 5000, financial accounting, finc 5000 syllabus. It is not possible to understand and grasp the fundamentals being taught.

Course syllabus summer 2011 11 week session instructor. Cost accounting notes pdf, syllabus 2020 bba, bcom. Determination of manufacturing costs in service and manufacturing environments. Standard cost systems, budgeting, and managerial control functions are also discussed. Online college courses in accounting ashford university. Cost accounting is the process of accounting for cost which begins with recording of income and expenditure and ends with the preparation of statistical data. So again, be very wary of purchasing a used text book. This undergraduatelevel course is 5 this course is available to take individually or to enroll, speak with an enrollment representative. Cost and management accounting subject syllabus ca inter.