Cost Management

Course #GE3051

Est.imated Completion Time: 3 months

Overview

This course introduces students to cost management concepts and theories which are used by managers to make decisions on the allocation of financial, physical, and human resources to achieve strategic as well as short-term organizational goals and objectives and evaluate performance using financial and non-financial measures. The course is designed for those having a prior course in financial reporting and analysis or financial accounting. Cost management includes traditional tools and techniques such as cost behavior for decision making, activity costing, cost allocation, and standard costing.

Included in Degrees & Certificates

857

Prerequisites

GE3050

Learning Outcomes

Our students will be able to:

Interpret and use accounting information to make good management decisions;
Apply basic cost principles to determine and to analyze the cost of a product, service, or activity;
Use relevant costs in deciding between alternatives and for determining the profitability of various management decisions;
Use costs to measure performance.

Offerings database access

Asset Publisher

Application Deadlines

No upcoming deadlines.