ACC306COST ACCOUNTING

ACC306 delves deeper into the concepts and techniques of cost accounting, focusing on the methods used to allocate and manage costs in manufacturing and service organizations. The course covers topics such as job order costing, process costing, activity-based costing, standard costing, and cost-volume-profit analysis. Students will learn how to apply these methods to determine product cost, evaluate cost efficiency, and make informed pricing and production decisions.

Through a combination of theoretical learning and practical applications, students will develop a comprehensive understanding of how cost information is used for budgeting, cost control, and performance evaluation. The course also explores the relationship between cost accounting and financial decision-making, helping students understand the role of cost management in optimizing business operations. By the end of the course, learners will be able to implement cost accounting techniques to enhance operational efficiency and support strategic planning within an organization.