ISL 252 - Management and Cost Accounting

Course Objective

Course Content

Course Learning Outcomes

1. The ability to calculate costs in a job order and a process cost accounting system and understand how the costsflow through the system.
2. An understanding of the types of budgets and be able to prepare operating budgets, financial budgets and capitalbudget.
3. General production expenses, indirect expenses problem
4. Material costs, labor costs
5. Accounts in cost accounting, transfer from accounts to financial tables
6. An understanding of the types of costs and how they behave in order to calculate cost-volume-profitrelationships.
7. Secondary Distribution
8. Introduction to Managerial accounting, differences between managerial and general accounting, importance of managerial accounting in business management, notion of cost, division of cost, difference between loss and expense

ECTS / Workload

Course Schedule