Cost and Management Accounting I

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About Course

Course Title: Cost and Management Accounting I

Overview: Welcome to Cost and Management Accounting I, where we delve into the strategic aspect of financial management within organizations. This course lays the groundwork for understanding cost concepts, budgeting, and decision-making processes crucial for effective management.

Structure:

  1. Introduction to Cost and Management Accounting
  2. Cost Concepts and Cost Behavior
  3. Cost-Volume-Profit Analysis and Pricing Decisions
  4. Budgeting and Variance Analysis
  5. Performance Measurement and Management Control Systems
  6. Cost Allocation Methods

What Will You Learn?

  • Fundamentals of cost accounting principles and techniques.
  • Techniques for cost-volume-profit analysis and pricing decisions.
  • Understanding of budgeting processes and variance analysis.
  • Introduction to performance measurement and management control systems.
  • Cost allocation methods and their application in decision-making.

Course Content

Cost Terminology & Classification

  • Cost Terminology & Classification Part I
    43:14
  • Cost Terminology & Classification Part II
    32:41

Product Costing

Model Exam and Solution

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