About this Specialization
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.
| From | Technische Universität München (TUM) via Coursera |
|---|---|
| Hours | 38 |
| Instructors | Gunther Friedl, Marcus Witter, Peter Schaefer, Eline Schoonjans |
| Language | English |
| Subjects | Business |
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Careers
An overview of related careers and their average salaries in the US. Bars indicate income percentile (33rd - 99th).
Cost Control Specialist, Accounting $43k
Cost Accounting Coordinator $53k
Cost Accounting and Legal Support $57k
Accountant / Cost Accounting Analyst $64k
Cost Accounting Manager, Product Cost 1 $80k
Consulting - Accounting/Manufacturing Cost Accounting $88k
Senior Cost Accounting Manager, Product Cost $97k
Cost Accounting Manager, Product Cost Manager $112k
Corporate Cost Accounting Manager $112k
Cost Accounting Department Manager $117k
Global Cost Accounting Manager $121k
Cost Accounting Coordinator Manager $125k
Courses in this Specialization
Listed in the order in which they should be taken
| Starts | Course Information | |
|---|---|---|
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Jun |
Basics of Cost Accounting: Product Costing The core of the first course is to learn how companies record total costs and calculate unit costs for their individual products or services. For example, how can a car... Coursera | Technische Universität München (TUM) |
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Jun |
Cost Accounting: Profit and Loss Calculation Companies do not only need to know the costs of different products, but they also need to know whether they gain a profit or realize a loss. We explain how companies use cost... Coursera | Technische Universität München (TUM) |
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Jun |
Cost Accounting: Decision Making In the third course, you will learn how to use information from cost accounting to improve managerial decision-making. We discuss business decisions and suggest how cost... Coursera | Technische Universität München (TUM) |
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| From | Technische Universität München (TUM) via Coursera |
|---|---|
| Hours | 38 |
| Instructors | Gunther Friedl, Marcus Witter, Peter Schaefer, Eline Schoonjans |
| Language | English |
| Subjects | Business |
Careers
An overview of related careers and their average salaries in the US. Bars indicate income percentile (33rd - 99th).
Cost Control Specialist, Accounting $43k
Cost Accounting Coordinator $53k
Cost Accounting and Legal Support $57k
Accountant / Cost Accounting Analyst $64k
Cost Accounting Manager, Product Cost 1 $80k
Consulting - Accounting/Manufacturing Cost Accounting $88k
Senior Cost Accounting Manager, Product Cost $97k
Cost Accounting Manager, Product Cost Manager $112k
Corporate Cost Accounting Manager $112k
Cost Accounting Department Manager $117k
Global Cost Accounting Manager $121k
Cost Accounting Coordinator Manager $125k
Similar Courses
Sorted by relevance
