the fact that customers’ interest is quality of products and services at
affordable price, it is a challenge to every company tenure that both customers
and firm’s expectation are met.
are scarce and the fact that organizations operate in unpredictable environments,
managers require information that will enable them manage the scarce resources
and the environment which influence their operations.
EXPECTED LEARNING OUTCOMES
By the end of the course students should
be able to:
Justify that Cost accounting is very essential
for furnishing management with information for internal planning, control and
Discuss the cost accounting concepts
Discuss the principles, methods and techniques
necessary for collection, processing analyzing, interpretation and presentation
of cost data to management.
Describe the difference types of costs needed for cost
Accounting and how to ascertain them