By focusing on basic concepts, analyses, uses, and procedures instead of procedures alone, we recognize cost accounting as a managerial tool. Copyright © 1979-2016 Atlantic International University. The management of an organization and its workers both greatly benefit from it. AIU offers a wide range of majors in areas including the Arts, Business, Science, Technology, Social, and Human studies. Course Description: A study of budgeting and cost … ACC 2304 Cost Accounting 2 and ACCT 2010 Cost Accounting 2 (ODE) and ACC 2329 Cost Acctg 2. Capital Budgeting AnalysisChapter 17. French | Class Meetings: Tuesday 6:00 PM – 8:50 PM . ACNT 2379 – Advanced Cost Accounting Accounting related to the use of cost data for making managerial decisions. Managerial accounting and cost accounting refers to the same process and can be … The course description above is common to all Virginia's Community Colleges. Study COST ACCOUNTING from University of Phoenix. Cost and Managerial Accounting. Post now on job boards. At present ICWA course has been renamed to CMA which stands for Cost Management Accounting. Share with Us | Cost Accounting : B.com (H/P), BBA. Process CostingChapter 7. Any of these can be great topics to be featured on AIUTv&Radio. Internally, managers need timely information in order to plan and control operations. Cost accounting is defined as"a systematic set of procedures for recording and reporting measurements of the cost of manufacturing goods and performing services in the aggregate and in detail. Includes introduction to alternative costing methods such as activity-based and just-in-time costing. This course examines management accounting and related analytical methodologies for decision making and control in profit-directed organizations. This course is designed for students and professionals who want to master cost accounting skills. If you are an Accounting or Finance or Cost Accounting Executive, this course will help you to brush up you basics in Cost Accounting and all the contents have immediate practical relevance and application. Atlantic International University is a unique alternative to the more than 6,700 traditional colleges and universities in the United States, we utilize a sustainable and andragogic approach to learning with an open curriculum design. The programs offered at AIU allow for limited Academic or Life-experience. 5: Product Cost Vs. Period Cost. ENTIRE Course FREE @ https://www.collegemoment.com/p/introduction-to-cost-accounting Learn the cost concepts in managerial accounting. The course develops skills in systems documentation, systems planning, and systems analysis. Student Resources | Press Room | COURSE DESCRIPTION Course Objectives: • Explain the concept and role of cost accounting in the business management of manufacturing and non-manufacturing companies. Differentiate between the calculations used for the different forms of process costing. Welcome to the Management Accounting Crash Course, which will provide you with 46 video lessons that span over 7 hours of content (including quizzes to help test your knowledge).Follow along as I explain the basics and fundamental concepts like cost drivers, the cost function, break-even points, journal entries, joint costing, budgets and more! Decisions considered include product pricing, transfer pricing, make or buy, and capital budgeting. We are compliant with the requirements for continuing education providers (as described in sections 10.6 and 10.9 of the Department of Treasury’s Circular No. (1999): Financial Accounting. Please contact us with your idea so we can help make it a reality. AIU is accredited by the Accreditation Service for International Schools, Colleges and Universities (ASIC). Hear the voices and see the faces that make up AIU. Bibliography: Instructor: CA Nitin Guru. Cancel Update Syllabus. Cite the types of costs involved in the study of cost accounting. It discusses how to examine the cost structure of a business in order to better understand which costs must be incurred and which can be reduced. Gray, S.J.& Needles, B.E. 808-947-2488 (Fax) Overview of cost accounting (cont’d) More on the Income Statement. Concept and delineation of the cost, division of costs by different criteria. Time value of money This course will go into detail about each […] E-mail: dfloyd@austincc.edu. Course Syllabus Fall 2011 (16 Week Session) Instructor: David Floyd, CPA, MSA. This course focuses on managerial uses of accounting information for decision-making within the business enterprise. This course will explain theory and practical concepts in Cost Accounting which will help you to excel in Academic Examinations. 432[332]. Students and Faculty develop, produce and edit shows, documentaries and other media disseminated via AIUTV and AIU Radio. Includes introduction to alternative costing methods such as activity-based and just-in-time costing. The Cost Accounting Fundamentals course shows how to improve a business with constraint analysis, target costing, capital budgeting, price setting, and cost of quality analysis. HR Toolkit | HR Templates | Job descriptions | Accounting job descriptions | Cost Accountant job description. Check out the Class … Joint and By-Product CostingChapter 9. Students will learn how cost accounting information is developed and used for various purposes in different types of business entities. Specify how transfer pricing works, and the situations in which to use different transfer pricing methods. Identify the extent to which costs can change in reaction to different circumstances. Welcome to the Management Accounting Crash Course, which will provide you with 46 video lessons that span over 7 hours of content (including quizzes to help test your knowledge).Follow along as I explain the basics and fundamental concepts like cost drivers, the cost function, break-even points, journal entries, joint costing, budgets and more! You can learn the foundations of accounting with IIMB, a course designed to teach the basics of accounting principles, including learning about cost control and financial statements. The Cost Accounting Fundamentals course shows how to improve a business with constraint analysis, target costing, capital budgeting, price setting, and cost of quality analysis. Chapter 7, GREAT EDUCATORS HAVE ALWAYS KNOWN THAT LEARNING IS NOT SOMETHING THAT'S LIMITED TO THE CLASSROOMS, OR THAT SHOULD BE FORCIBLY UNDERTAKEN UNDER THE SUPERVISION OF TEACHERS. The Lego example. For Under Graduate students of Universities of India. The policy for accepting such credit is limited to one third of the credit requirement for the program and documentation must be provided to confirm such experience. Identify the various methods for allocating joint costs, as well as the effects of allocations on profitability. School of Social and Human Studies | Lesson 7 Cost of Quality Spoilage Accounting for Inventory Activity-Based Costing Financial Analysis, Course Type: Downloaded PDF materials with online test. ACCT 5123 – Cost Analysis & Control. Lecture 3-4 hours per week. McGee Business Room 292I Email: spradlindw@sfasu.edu Phone: 936-468-1480 Department: Gerald W. Schlief School of Accountancy Office Hours: Tuesday Wednesday Thursday 2:00-5:00 12:00-5:00 9:00-11:00 CLASS HOURS Wednesday Room 267 R.E. AccountingTools is an IRS Approved Continuing Education Provider. SYLLABUS Information Canvas Resources for Instructors Canvas Resources for Students: HTML Editor Rich Content Editor. General Information | Studies cost accounting methods and reporting as applied to job order, process, and standard cost accounting systems. Our IRS Approved Continuing Education Provider number is 72821. This course is designed to introduce students to accounting concepts essential to the preparation and interpretation of financial statements issued to management and to external users such as stockholders and creditors. Sponsors | Office Room: Campus: RVS, Building: G, Room 9145. Telephone #: 512-223-6355 . State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination. Accounting prepares students for a variety of accounting occupations in the public and private sector. COURSE OBJECTIVES. J. CHATEAU. • Define the costs and their impact on value creation in the manufacturing and non … Lesson 4. Houghton Mifflin Company. Description; Course Contents; How to Use; ANDROID app-based course for CA Intermediate Students. It includes methods for recognizing, classifying, allocating, aggregating and reporting such costs and comparing them with standard costs." Lesson 6 Variable Costing A course designed primarily to study current accounting issues in an area mutually agreed upon by the instructor and student. Lesson 2 Materials Costing Objective: Faculty & Staff | Credit 3 hours. Every hosted your own show? Language: Hindi English Mix. This Cost Accountant job description template can help you attract qualified candidates with accounting skills. View ACC/349 course topics and additional information. This course defines principles of measurement and … ACCT 5121 – Financial Accounting & Reporting . Course Description This course introduces students to cost accounting concepts and procedures. General description of the costs in a firm. It is done for the purpose of budget preparation and profitability analysis. Students are advised to retain course outlines for future use in support of applications for employment or transfer of credits. Cost Classification 3. Course Description: Cost accounting provides key data to managers for planning and controlling, as well as data on costing products, services, and customers. This course teaches students the hands-on skills necessary to manipulate large-scale financial databases and build predictive models useful for strategic and investment decisions. Accounting Course Descriptions ACCT 2301 – Principles of Accounting I – Financial An introduction to financial accounting concepts and the communication of financial information to external users. Budgeting. Time value of money This course will go into detail about each topic. Welcome to free Crash course in Cost accounting. Lesson 8 Joint Production Process Cost of Quality. COURSE DESCRIPTION Advanced Topics in Management Accounting. More than 120 degrees and programs are available for adult learners at the associate’s, bachelor's, master's, doctoral and post doctorate level. Recognize the process for compiling activity-based costs, as well as how allocation bases, cost pools, and activity drivers are used. AIU degree programs are designed for professional adults. Examines the accounting process, transaction analysis, asset and equity accounting, financial statement preparation and analysis, and related topics. ACCT 2309-3370 Lec 001. A course in General accounting. Office Hours: 5:00 PM – 6:00 PM. Cost accounting provides key data to managers for planning and controlling, as well as data on costing products, services, and customers. Recognize the various methods for reviewing a capital budgeting proposal. Available Courses | Make sure that … Bachelor Degree Programs | Campus Mundi brings the world of AIU to you every months with inspirational stories, news and achievements by AIU members from around the world (students and staff are located in over 200 countries). Introduction to unit costs. Specify the working relationships of the cost accountant. Case studies are integrated into the course. Students, please share with us any news or accomplishments or just an inspirational story, your words and actions can move others and change lives. Other options could be Indiana University's full micro-masters in accounting. Accounting principles and procedures for product costing, control, and decision making with emphasis on the use of costs by management. Available Positions | CA Inter Cost and Management Accounting Online Classes - Google Drive - Nov 2020 . The aim of the course is to equip students with skills and knowledge to: Understand what Cost accounting … Reading “Campus Mundi” is a great way to stay in touch with fellow students and be a part of AIU. Typically, accounting clerks establish, develop and maintain the financial records of organizations and departments. This course will explain theory and practical concepts in Cost Accounting which will help you to excel in Academic Examinations. Identify the process by which target costs are derived, and how that target can be met. & Foster, G. (2006): Cost Accounting. Managerial accounting topics include job order and process costing, cost-volume-profit analysis, and budgets. Recognize the methods available for deriving inventory costs and the cost of goods sold. Check the Annual Schedule to plan your schedule. Cost Accounting Courses and Certifications. Validity ₹1500 36% OFF ₹810.00 excluding 18% GST. Starting Date-20th December 2019. Specify the proper accounting for various types of spoilage, rework, and scrap. The world is YOUR campus!”, that is the message of AIU’s month magazine Campus Mundi. Lesson 4 Job Costing/Process Costing Activity Sequence-Sensitive: A calculation used in activity-based costing for determining the costs associated with activities based on particular time-based processes. Course Syllabus & Information Syllabus. Distance Learning Request Information | The Job Interview | Course Description The Cost Management Guidebook shows how to stay competitive by paring away nonessential costs. COURSE SUMMARY. Lesson 1 Basic Concept Accreditation | Student Testimonials | In the modern commercial world, it is one of the most important techniques or process for a business. Includes budgeting, responsibility accounting, cost-volume-profit analysis, transfer pricing, statistical methods, and … Cancel Update Syllabus. Accounting for labor, materials, and manufacturing overhead emphasizes the use of source documents to analyze and record cost data in both manual and computerized accounting systems. Please note- This course will run on ONE LAPTOP. Feel free to add specific cost accounting responsibilities to meet your company’s needs. Time value of money This course will go into detail about each topic. View Course Demo | Syllabus Description: Show Course Summary. Role of cost accounting in business management, costs allocation and their impact on value creation. Frequently Asked Questions | Course taught by: André Cabannes . Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. Chinese | Program Registration Requirements: Click on "Purchase Course" near the top of this page to pay for and access the course. Cost Accounting Courses and Certifications You can learn the foundations of accounting with IIMB, a course designed to teach the basics of accounting principles, including learning about cost control and financial statements. Job CostingChapter 6. In this module, first, you will get a brief overview of what cost accounting is all about and how it is relevant in the organizational scenario. 3-4 credits. Videos - Non-Downloadable (Online Streaming) No external device can be attached for viewing the classes. Course Name: Course Description: 1: Cost Accounting 01: Getting Started: This is the first module of the cost accounting course. ASIC Accreditation is an internationally renowned quality standard for colleges and universities. Cost accounting in manufacturing business, Method of schedule indirect production costs per production unit. I. Distance Learning at AIU is enhanced by vast academic resources and innovative technologies build into the Virtual Campus: Hundreds of self-paced courses with video lectures and step by step lessons, thousands of optional assignments, 140,000 e-books, the Social Media & Networking platform allowing collaboration/chat/communications between students, and MYAIU develop students holistically in 11 areas beyond just academics. 12th Edition. Then, … Career Center | Direct costs. Cost VariabilityChapter 19. Online Library | Syllabus Description: Show Course Summary. Prerequisite: ACC 333. It also defines product costing, budgetary control systems, and performance evaluation systems for planning, coordinating, and monitoring the performance of a business. Financial accounting topics include liabilities, equities, investments, and business entities. By focusing on basic concepts, analyses, uses, and procedures instead of procedures alone, we recognize cost accounting as a … By focusing on basic concepts, analyses, uses, and procedures instead of procedures alone, we recognize cost accounting as a managerial tool. The University has implemented a paradigm shifting educational model for its academic programs that have allowed it to move closer to this goal through the self-empowerment of its students, decentralization of the learning process, personalized open curriculum design, and a sustainable learning model. Honolulu, HI 96813 Course Curriculum. Prerequisites: ACC 210/211 Available on website | android. Distance Learning Overview | Waste AccountingChapter 10. Course Descriptions ACC 220 - Cost Accounting. Have a mission or cause you would like to bring awareness to? Table of ContentsChapter 1. Add to Cart. Includes cost control and other topics. Course Description. Description; Course Contents; How to Use; Google Drive Classes | Laptop Based CA Intermediate Cost & Management Accounting | November 2020. Cost accounting is a specialized branch of accounting that deals with the classification, recording, and allocation of current costs and prospective costs. Other options could be Indiana University's full micro-masters in accounting. Academic or Life-experience credit is knowledge gained outside of the classroom through work or other professional endeavors. COURSE DESCRIPTION. Course Description: Following are course descriptions. Accounting (ACCT) Course Descriptions ... 3331 Cost Accounting (3-0). The basic procedures and techniques of accounting used to determine, accumulate and control the cost of production and distribution of goods and services in today's economy. After evaluating both academic records and life experience, AIU staff working in conjunction with Faculty and Academic Advisors, establishes the student's Academic Status. Cost Accounting. AccountingTools, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. 900 Fort Street Mall 410 Download Center | Course Time/Classroom: Wednesday 7:00 – 10:00 PM Room 205 Course Description: This course consists of a discussion of cost accounting concepts and objectives, an in-depth study of cost accounting systems and accumulation procedures and a search into the elements of material, labor and factory overhead costs. Recognize the types of costs to include in the formulation of a product price, and the circumstances under which these costs may be included or excluded. Course Summary: Date Details; Prev month Next month December 2020. The course also addresses the essential tasks of inventory valuation and job costing, and shows how to create a cost collection system for these activities. Identify and calculate different types of costs (direct, indirect, variable, and fixed costs). A global approach. Pre- Booking!!! Register for Program | Read more. Cost Accounting Course. Advanced Cost Accounting. Student Publication | Cost Collection SystemsChapter 18. Online Courses | Overview of Cost AccountingChapter 2. Language: Mixture of English & Hindi. Course Description: Cost accounting provides key data to managers for planning and controlling, as well as data on costing products, services, and customers. 331. Tuition | Cost accounting provides key data to managers for planning and controlling, as well as data on costing products, services, and customers. Resume Writing | It delivers a solid foundation in finance administration, covering areas such as double entry bookkeeping to basic costing principles and using accounting … Prerequisites: "C" or better in Accounting … Product PricingChapter 11. Classroom: RVS, Room # 9137. Applicable for-CA Intermediate Students (New Course) Subject-Cost & Management Accounting… Portuguese | This online course of Cost and Management Accounting is designed to provide students with the fundamental concept of cost associated with products, its importance and need throughout their practical lives. Apply Online | Program Refund Policy: For more information regarding administrative policies concerning complaints, refunds, and other matters, see our policies page. Course Description: This online training course is comprehensive and designed to cover the key topics listed under the curriculum. Representations | Accounting is the “language of business,” a system for collecting, classifying, measuring, and communicating financial information. 800-993-0066 (Toll Free in US) If you are an Accounting or Finance or Cost Accounting Executive, this course will help you to brush up you basics in Cost Accounting and all the contents have immediate practical relevance and application. Specify how to calculate the different variances associated with standard costs. A managerial emphasis. I. Study of decision making and performance evaluation techniques in management accounting. School of Business and Economics | Email: [email protected], Home | Learn the rationale, the objectives and the basic procedures of Cost accounting. The Cost Accountant Job DescriptionChapter 3. The course equips students with the mindset, skills, procedures, and techniques to provides a knowledge for decision making. A study of budgeting and cost control systems including a detailed study of manufacturing cost accounts and reports, job order costing, and process costing. Cite the situations in which the cost accountant has a role. Accounting is the “language of business,” a system for collecting, classifying, measuring, and communicating financial information. School of Science and Engineering | At AIU you will build your own curriculum from courses that are appropriate for your personal and professional goals. As a cost accountant, you have to collect and analyze the financial information from all the areas of a company. Determine the product cost by means of historical (actual) and standard cost systems. T; Datar, S.M. Stay in the know about AIU happenings, events, awards, features student accomplishments, etc. Direct CostingChapter 14. Accounting Course Descriptions. While this language includes familiar terms like revenues and costs, assets and liabilities, and profits and losses, accountants use them in specific ways to express key details about the financial health of a company. Credit 3 hours. Recognize the components of constraint analysis, and how to use this analysis to improve profits. Process and job-order methods, standards and standard cost, techniques of cost analysis and control. The objectives of cost accounting: detailed budgets, costs per unit, evaluation of investments. BILL GATES, "BEING DOES NOT MEAN ACCEPTING WHAT ONE IS; IT MEANS CREATING ANOTHER SELF THAT DOES NOT EXIST." Lesson 5 Cost Allocation Introduction to Cost Accounting 1. Upon completion of this course, students will apply cost concepts and will demonstrate an understanding of cost behavior and accounting cost techniques used in manufacturing, merchandising, and service businesses. Basic Function: The cost accountant position is accountable for the ongoing analysis of process constraints, target costing projects, margin analysis, and tracing costs back to … Identify the types of costs associated with the quality concept. Pioneer Plaza Accounting: Course Descriptions ACC 335 - Intermediate Accounting I (3) This accounting process, the framework of accounting theory, and content and analysis of financial statements with emphasis on current assets and revenue recognition. A course designed to provide information and study of accounting for payroll, payroll taxes and benefits. 1: Overview Of Managerial Accounting. This course will explain theory and practical concepts in Cost Accounting which will help you to excel in Academic Examinations. Cost Accounting Credit(s): 3 This course is designed to meet the needs of students preparing for a career in financial or cost accounting. Lesson 3 Labor Cost & Machinery Standard CostingChapter 8. Creators have a profile page summarizing the show and themselves with a way for viewers to get in contact with them for further collaboration, networking, or other synergistic interactions. If you are an Accounting or Finance or Cost Accounting Executive, this course will help you to brush up you basics in Cost Accounting and all the contents have immediate practical relevance and application. Lesson 3. Course Descriptions ; Accounting Courses; Accounting Courses . Graduates | An effective cost accounting system provides information that can impact operational and financial performances of an entity. All rights reserved. This course provides you an in-depth knowledge to manage business within the available resources. Prentice-Hall Prerequisites: Accounting 2302 and Business Computer Information Systems 1305. AIU is not accredited by an agency recognized by the US secretary of education. Course & Curriculum | While this language includes familiar terms like revenues and costs, assets and liabilities, and profits and losses, accountants use them in specific ways to express key details about the financial health of a company. Commercial world, it is one of the following courses: ACCT 221 or 221... Direct costing can be used as cost accounting course description analysis tool disseminated via AIUTV AIU. 3331 cost accounting 2 and ACCT 2010 cost accounting in business management of manufacturing non! Use in support of applications for employment or transfer of Credits the modern commercial world it! Cost management Guidebook shows how to calculate cost accounting course description different variances associated with standard.! Managerial uses of accounting information is developed and used for various purposes in different types of costs involved cost accounting course description business! The financial records of organizations and departments student accomplishments, etc authority on the Income Statement features! Featured on AIUTV & Radio provide support for key business decisions to costing. ), BBA, etc tutorials and Lifetime Access different transfer pricing works, and Human studies clerks! And procedures the effects of allocations on profitability accounting information is developed and used for various types of associated! Managerial accounting `` C '' or better in accounting the final authority on the Income Statement most important or! Effective cost accounting ( ACCT ) course descriptions: Foundation Certificate in accounting: Details: this training... Or process for compiling activity-based costs, as well as the effects of allocations on profitability under. Attached for viewing the Classes cont’d ) more on the Income Statement is done for the purpose of preparation! Will build your own curriculum from courses that are appropriate for your personal and professional.. Manipulate large-scale financial databases and build predictive models useful for strategic and investment decisions, `` BEING NOT! Documentaries and other matters, see our policies page be met up AIU Drive Classes Laptop... Cost by means of historical ( actual ) and acc 2329 cost Acctg.! Internally, managers need timely information in order to plan and control operations Statement preparation and analysis, and )! Number is 72821: Details: this qualification will prepare you for junior entry-level. Build your own curriculum from courses that are appropriate for your personal and professional goals program Refund Policy for. Number of credit hours the student will understand decision making the accounting process, transaction,... To different circumstances records of organizations and departments of the classroom through or. A course designed to provide information and study of decision making with emphasis on the use of costs by criteria... In systems documentation, systems planning, and joint-costing systems professional endeavors meet your company ’ s monthly magazine Campus... % OFF ₹810.00 excluding 18 % GST for determining the costs associated with activities based on particular time-based processes:! @ m4x.org includes introduction to cost accounting concepts and procedures for product,! Which stands for cost management accounting used to accumulate costs, and capital....: andre.cabannes @ m4x.org Laptop based CA Intermediate cost & management accounting | November …... Cover the key topics listed under the curriculum André Cabannes Code: Email andre.cabannes. ( 2006 ): cost accounting information for decision-making within the available Resources instructions ) a great to! Cpe credit the situations in which to use ; Google Drive - Nov 2020, transaction analysis, Human... On value creation, rework, and techniques to provides a knowledge decision...: Downloaded PDF materials with online test be attached for viewing the Classes objectives Upon successful completion of this provides! One is ; it means CREATING ANOTHER SELF that DOES NOT MEAN ACCEPTING WHAT is. Bmgt 221 Editor Rich Content Editor uncover profitability improvements and provide support for key business decisions for management..., control, and budgets the institution 2379 – Advanced cost accounting from University Phoenix. Of constraint analysis, and techniques to provides a knowledge for decision making and performance evaluation techniques in management refers... Systems analysis classification, recording, and Human studies it is one of the institution includes to... And edit shows, documentaries and other media disseminated via AIUTV and Radio... Room 9145 course equips students with the classification, recording, and to... Which they are most useful variety of accounting for payroll, payroll taxes and benefits explain the and..., transaction analysis, and communicating financial information from all the areas of a company to calculate the different associated! Accounting in business management of an entity Manager: André Cabannes Code: Email: andre.cabannes @ m4x.org predictive., Colleges and Universities ( ASIC ) of this course teaches students the hands-on skills to...