ACC305COST ACCOUNTING

ACC305 provides an in-depth study of cost accounting principles and their application in planning, controlling, and decision-making within an organization. The course delves into advanced cost accumulation techniques such as activity-based costing (ABC), standard costing, marginal costing, and job/process costing systems. Students will explore how cost information influences budgeting, pricing strategies, and operational efficiency, with emphasis on cost allocation, overhead analysis, and cost-volume-profit (CVP) relationships.

Through problem-solving exercises and case-based learning, students will develop practical skills in preparing cost statements, analyzing variances, and implementing cost control mechanisms. The course equips learners with the tools to support strategic management decisions and improve financial performance. By the end of ACC305, students will have a robust understanding of how cost data drives profitability and resource optimization in dynamic business environments.