Cost Accounting

This course introduces the concepts, tools, and methods of cost accounting used to support planning, control, and decision-making in organizations. Students learn how costs are measured, assigned, and analyzed through systems such as job costing, process costing, and activity-based costing. The course covers cost–volume–profit analysis, budgeting, variance analysis, cost behavior, and relevant-cost decision making. Emphasis is placed on using cost information to evaluate performance, improve operations, and support strategic and managerial decisions.

Course Learning Outcomes

• Explain core cost accounting concepts and distinguish different types of costs

• Apply cost measurement systems to assign costs accurately

• Use cost–volume–profit relationships to analyze profitability and support managerial decisions

• Use cost–volume–profit relationships to analyze profitability and support managerial decisions

• Prepare budgets and analyze variances to evaluate performance and control operations

• Analyze cost behavior and apply relevant-cost concepts to short-term business decisions

• Interpret cost and performance information to support strategic decision-making