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Cost Management - Accounting and Control

Cost Management - Accounting and Control

$119.95$119.95
  • SKU : B782
  • OUR PRICE :$119.95
  • CREDIT HOURS : 13
Cost Management: Accounting and Control
 
 
 
 
Course Description:
 
Cost Management: Accounting and Control covers the managerial use of accounting, financial, and operating data for planning, control, and decision making. Emphasis is placed on how to manage costs strategically in order to be globally competitive. The course is designed for managers and entrepreneurs who seek continuous improvement (CI) strategies. Topics include analysis of costs; job order and process costing; break-even and contribution analysis; activity-based costing (ABC); balanced scorecard, cost allocation; responsibility accounting; budget for profit planning; short-term decisions; capital budgeting; quality costs and total quality management (TQM); inventory management and just in time (JIT).
 
Learning Objectives:
 
Upon successful completion of this course, participants will be able to:
  • State the nature and scope of cost account and cost management
  • Distinguish between cost accounting and its related fields such as managerial accounting and financial accounting
  • Describe the three broad purposes for which the manager needs cost information
  • Identify the role of the controller, the treasurer, and the Chief Financial Officer (CFO)
  • Summarize the role of the Cost Accounting Standards Board (CASB)
  • Identify some new developments that took place in the cost accounting and cost management discipline over the last two decades
 
Course Number:
B782
NASBA Field of Study:
Accounting
Level:                    
Overview
Author/Instructor:
Delta Publishing Group
Publication Date:
April 2022
 
CPE Credits:
 13
 
Program Prerequisites:
Basic Accounting
 
Advanced Preparation:
None

 

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