In today's world the profession of conventional accounting and audit- ing has taken a back seat and cost and management accountants increasingly contributing
ACCT 315: COST ACCOUNTING. COURSE SYLLABUS. SUMMER 2017. INSTRUCTOR. Name: Dr. Andrew T. Dill. Position: Assistant Professor Department of Accounting &
I. Course Description. This course introduces students to cost accounting concepts and procedures. An effective cost accounting system provides.
costs. COURSE MATERIALS. Horngren/Datar/Rajan: Horngren's Cost Accounting 16th If you did the Managerial accounting course last semester you might have ...
(d) Reconciliation of cost accounting records with financial accounts Marginal Costing is employed for suggesting courses of action to be taken.
Items 14 - 19 Students in online and traditional classroom sections of an intermediate-level cost accounting course responded to a survey about their experiences ...
What are the cut off dates for admission to Cost and Management Accountant Course ? Ans. Admission/Registration for the CMA course is open throughout the year
ABSTRACT. Cost accounting is a core course of accounting major with strong theory and practice. Because of its characteristics of many calculations
This course is designed to discuss the theoretical foundation of cost accounting the basic issues related to cost measurement in job costing systems and
COST ACCOUNTING COURSE OUTLINE. Module 1. Chapter objectives. Introduction. What is cost accounting? The scope of cost accounting. Summary.
808_2Cost_Accounting.pdf Westcom Point, 2nd Floor, Mahiga Mairu Avenue, Westlands, Nairobi.
P.O.Box 23833-00100 Nairobi, Kenya
Tel: +254 202659865, +254 784 777 662, +254 746 749 569 Website: www.masterconsultants.co.ke
Email: info@masterconsultants.co.ke
COST ACCOUNTING COURSE OUTLINE
Module 1 Chapter objectives Introduction What is cost accounting? The scope of cost accounting Summary Questions for review
Module 2; Essential Cost Accounting Terminology
Chapter objectives
Introduction
Cost accounting terminology
Basic classification of costs
Further cost accounting terminology
An introduction to overhead
Determination of total cost
Summary
Questions for review Self-assessment questions
Module 3; Cost Behaviour
Chapter objectives
Introduction
What is cost behaviour? Distinguishing between different cost classifications
Cost prediction
Summary
Questions for review Self-assessment questions
Module 4; Accounting for Labour Costs
Chapter objectives
Introduction
The significance of labour costs
Distinguishing between different remuneration methods
Labour cost data
Summary
Questions for review
Self-assessment questions
Westcom Point, 2nd Floor, Mahiga Mairu Avenue, Westlands, Nairobi.
P.O.Box 23833-00100 Nairobi, Kenya
Tel: +254 202659865, +254 784 777 662, +254 746 749 569 Website: www.masterconsultants.co.ke
Email: info@masterconsultants.co.ke
Module 5; Accounting for Material Costs
Chapter objectives Introduction
What is material pricing?
Use of different pricing methods
Stock valuation
Treatment of other costs
Just-in-time
Summary
Questions for review
Self-assessment questions
Module 6; Absorption costing
Chapter objectives Introduction
What is absorption costing?
The inclusion of overhead into cost units via cost centres
Non-manufacturing overhead
Appraisal of absorption costing
Summary
Questions for review Self-assessment questions
Module 7; Activity Based Costing
Chapter objectives
Introduction
What is activity based costing?
Overhead
Illustration of ABC
Appraisal of ABC
Summary
Questions for review Self-assessment questions
Module 8; Marginal Costing Systems
Chapter objectives
Introduction
What is marginal costing?
The treatment of overhead
Revenue statements in a marginal costing format
The role of contribution
Breakeven (CVP) analysis
Marginal costing vs. absorption (full) costing
Summary
Questions for review Self-assessment questions
Westcom Point, 2nd Floor, Mahiga Mairu Avenue, Westlands, Nairobi.
P.O.Box 23833-00100 Nairobi, Kenya
Tel: +254 202659865, +254 784 777 662, +254 746 749 569 Website: www.masterconsultants.co.ke
Email: info@masterconsultants.co.ke
Module;9 Marginal Costing Short-term Decision Making
Chapter objectives
Introduction
What is short-term decision making?
Short-run decisions
Summary
Questions for review
Self-assessment questions
Module ;10 Planning and Budgeting
Chapter objectives Introduction
What is a budget?
Budgetary control Budgeting appraisal
Zero based budgeting
Activity based budgeting
Summary Questions for review Self-assessment questions Module ;11 Standard Costing and Variance Analysis
Chapter objectives Introduction
What is a standard cost?
What is variance analysis?
Variance calculation
Reasons for variances
Variance investigation
Appraisal of standard costing and variance analysis
Summary
Questions for review
Self-assessment questions
Module ;12 Capital Investment Appraisal
Chapter objectives
Introduction
What is capital investment appraisal?
Conventional capital investment appraisal techniques
Discounted cash flow appraisal techniques
Risk and uncertainty
Summary
Questions for review
Self-assessment questions