الفصل الدراسي الثالث

Course Objectives

This course introduces students to cost accounting concepts and procedures.

• An effective cost accounting system provides information that can impact operational and financial performances of an entity.
• Students will learn how cost accounting information is developed and used for various purposes in different types of business entities.
• We will examine the role that cost accounting plays in measuring, analyzing and reporting information that relates to the cost of obtaining and using an entity’s resources.
• Students will learn ways of assigning various costs such as direct costs, indirect costs, fixed costs, variable costs, inventorial cost and period costs.
• We will explore methods to allocate service department costs to operating departments and discuss the cost theories used to prepare financial statements for manufacturing entities.