Cost Accounting

COURSE TITLE:              COST ACCOUNTING

COURSE CODE:              ACC 2203

HOURS TAUGHT:           3 hrs per week

PREREQUISITES:          None

PURPOSE OF COURSE

Given 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.

Resources are scare and the fact that organizations operate in unpredictable environment; 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:

·         Explain the Cost accounting is very essential for furnishing management with information for internal planning, control and decision making.

·         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