View the Specialization trailer: https://www.youtube.com/watch?v=XE5Rx91bdYw
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View the Specialization trailer: https://www.youtube.com/watch?v=XE5Rx91bdYw
View the Specialization trailer: https://www.youtube.com/watch?v=XE5Rx91bdYw
Many corporate decisions need cost accounting information. When you know the costs of your products, you will make better pricing decisions and you can better choose which products to offer. When you know the costs of your departments, you can better detect inefficiencies and you can better incentivize your employees.
In this Specialization, you will learn the fundamentals of cost accounting. Three courses cover the basics of cost accounting. We will start with an introduction to product costing. How can you figure out the costs of your individual products? Next, we will discuss how to connect cost information with revenue information to calculate profits and profitability. Finally, we focus on how to use the information provided by cost accounting systems to optimize your business decisions.
We have created the courses of this Specialization for interdisciplinary young professionals seeking to develop cost accounting skills. At the same time, the courses can help students in management and business administration to repeat the content of their introductory cost accounting course.
What's inside
Three courses
Basics of Cost Accounting: Product Costing
(0 hours)
Basics of Cost Accounting: Product Costing
(0 hours)
Cost Accounting: Profit and Loss Calculation
(0 hours)
Cost Accounting: Profit and Loss Calculation
(0 hours)
Cost Accounting: Decision Making
(0 hours)
Cost Accounting: Decision Making
(0 hours)Learning objectives
- How to allocate the costs incurred to the company's products and the most important methods product costing.
- How companies use cost information to calculate their profit or loss and assess their profitability.
- How to use information from cost accounting to improve managerial decision-making.
- How to allocate the costs incurred to the company's products and the most important methods product costing.
- How companies use cost information to calculate their profit or loss and assess their profitability.
- How to use information from cost accounting to improve managerial decision-making.
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