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Course Objective
To develop knowledge and understanding of providing basic management information in an organization to support management in planning and decision-making.
Learning Outcome
Upon successful completion of this course students should be able to:
- Explain the nature and purpose of cost and management accounting
- Identify source documents in a costing system and correctly code data
- Classify costs by nature, behavior and purpose
- Record costs for material, labor and expenses
- Use spreadsheets in Microsoft excel
Content
Section One: The nature and purpose of cost and management accounting
Section Two: Source documents and transactions
Section Three: Cost classification and measurement
Section Four: Recording costs
Section Five: Spreadsheets