ACCT330 - Cost Management

Description:
This course is an in-depth study of cost accounting focusing on its role in internal reporting and the resulting decision-making processes. Students will evaluate the foundation, ethics and basic costing systems employed in the management accounting profession; analyze budgeting, cost behavior, pricing and profitability concepts and principles; determine how cost allocations, product quality, and investment decisions are applied by management accountants; determine how current trends in various industries impact cost accounting; and demonstrate knowledge that is in accordance with the educational requirements for the Certified Management Accountant (CMA) exam.

Outcomes:

• Evaluate the foundation, ethics, and basic costing systems employed in the management accounting profession
• Analyze budgeting, cost behavior, pricing, and profitability concepts and principles
• Apply cost allocations, product quality, and investment decisions as used by management accountants
• Determine how current trends in various industries impact cost accounting
• Demonstrate knowledge that is in accordance with the education requirements for the Certified Management Accountant (CMA) exam

Required Text(s):

Datar, S. M., & Rajan, M. V. (2021). Horngren's cost accounting: A managerial emphasis (17th ed.) with MyAccountingLab. Pearson. ISBN: 9780135632802