ACC-305
Cost Accounting
3 Credits
This course introduces the concepts, tools, and methods of cost accounting used to support planning, control, and decision-making in organizations. Students learn how costs are measured, assigned, and analyzed through systems such as job costing, process costing, and activity-based costing. The course covers cost–volume–profit analysis, budgeting, variance analysis, cost behavior, and relevant-cost decision making. Emphasis is placed on using cost information to evaluate performance, improve operations, and support strategic and managerial decisions.
Course Learning Outcomes
At the completion of this course, the student will be able to:
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Explain core cost accounting concepts and distinguish different types of costs
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Apply cost measurement systems to assign costs accurately
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Use cost–volume–profit relationships to analyze profitability and support managerial decisions
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Use cost–volume–profit relationships to analyze profitability and support managerial decisions
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Prepare budgets and analyze variances to evaluate performance and control operations
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Analyze cost behavior and apply relevant-cost concepts to short-term business decisions
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Interpret cost and performance information to support strategic decision-making
