Cost Accounting

Course Description
This course describes cost and management accounting in the broader sense. It provides information in the area of cost accounting, which is helpful in the effective utilization of resources with cost-controlling techniques like budgeting, standard costing and variance analysis. It also explores an activity-based costing system, productivity measurement and total            quality. Management accounting covers the areas of decision-making, pricing and transfer pricing and decentralization. In particular, the course emphasizes modern theories of performance measurement and management control systems. The course also draws upon business practice, contemporary and international research, case studies, and the applied research experiences of students.