AC 3050 - Cost Accounting

Credits: 3.00 credits.

Cost accounting deals with cost management. Cost management produces information through the process of identifying, collecting, measuring, classifying, and reporting information to managers within a firm. Cost management requires in-depth understanding of a firm’s cost structure. This course will provide the student with the knowledge to utilize and manage cost data effectively for management decision making. Prerequisites & Notes AC 1060 - Principles of Accounting II or AC 1070 - Business Financial Accounting or permission of the dean.