ACC206INTRODUCTION TO COST AND MANAGEMENT ACCOUNTING

ACC206 introduces students to the principles and techniques of cost and management accounting, emphasizing the role of financial information in internal decision-making processes. The course covers fundamental topics such as cost classification, cost behavior, job and process costing, budgeting, and variance analysis. Students will learn how to accumulate, analyze, and interpret cost data to support planning, control, and strategic decision-making within organizations.

Through case studies and problem-solving exercises, learners will develop practical skills in preparing cost reports, analyzing cost structures, and applying management accounting tools to real-world business challenges. By the end of the course, students will understand how effective cost and management accounting contributes to operational efficiency, profitability, and sustainable competitive advantage. ACC206 is critical for those pursuing careers in accounting, finance, operations, and business leadership.