Course Information
Cost Management: Accounting and Control
Course Information
| Title: | Cost Management: Accounting and Control |
|---|---|
| Category: | Accounting and Auditing |
| Field of Study: | Accounting |
| Course Code: | M263 |
| CPE Credits: | 13.0 |
| Price: | 84.95 |
Description
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).
Delivery Method: Online Interactive Self Study
Level: Overview
Prerequisites: None
Advanced Preparation: None
Course Details
Category: Accounting and Auditing
Field of Study: Accounting
Passing Score: 70%
Technical Details: Accounting is a technical field of study.
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Objectives
Objectives:
Chapter 1: Introduction to Cost Management 1. Recognize the nature and scope of cost accounting and cost management. 2. Distinguish between cost accounting and its related fields such as managerial accounting and financial accounting. 3. Identify the three broad purposes for which the manager needs cost information, and roles of treasury function. 4. Identify some new developments that took place in the cost accounting and cost management with total quality management and business process engineering.
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Profession
NASBA: Yes
QAS: Yes
CPA: Suitable for all CPAs
IRS: No IRS credit for Enrolled Agents.
Profession Identifiers: CPA