Course Overview
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Course Synopsis
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A constant challenge facing all managers regardless of the type or profit motivation of the organization is controlling the cost of products and services. This course provides students the opportunity to apply various current cost control techniques, including activity-based management, contribution margin, standard costing, the balanced scorecard, and linear programming to a diverse group of scenarios and short cases in different types of organizations.
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Course Learning Outcomes
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At the end of this course students are expected to be able to:
- Appreciate the role of cost control in the organizations
- Acquire knowledge and understanding of the key techniques in cost control process
- Acquire the ability to conduct cost analysis and provide reports on costs for different product or services
- Apply Quantitative techniques in cost accounting to support decision-making
- Provide students with a firm foundations for further studies and research in costing
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Course Calendar
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1
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Introduction of Management Accounting
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2
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Cost Terms and Concepts
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3
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Cost Volume Profit model (CVP)
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4
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Cost Volume Profit model (CVP) (Cont.)
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5
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Multi-product break-even analysis
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6
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Measuring Relevant Costs And Revenues
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7
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Replacement Of Equipment
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8
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Discontinuation Decisions
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9
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Discontinuation Decisions (Cont.)
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10
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Activity based costing - ABC
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11
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Activity based costing - ABC (Cont.)
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12
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Activity based costing - ABC (Cont.2)
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13
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Activity based costing - ABC (Cont.3)
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14
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Pricing Decisions And Profitability Analysis
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15
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Pricing Decisions And Profitability Analysis (Cont.)
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16
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Pricing Decisions And Profitability Analysis (Cont.2)
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17
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Stages in the Planning Process
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18
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Stages in the Planning Process (Cont.)
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19
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Stages in the Planning Process (Cont.2)
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20
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Activity Based Budgeting
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21
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Activity Based Budgeting (Cont.)
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23
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Alternative Transfer Pricing Methods
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24
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Resolving Transfer Pricing Conflicts
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25
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International Transfer Pricing
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26
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Strategic cost management
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27
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Strategic cost management (Cont.)
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28
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Strategic cost management (Cont.2)
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29
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Strategic Cost Management (Cont.3)
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30
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Strategic Cost Management (Cont.4)
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31
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Strategic Cost Management (Cont.5)
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32
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The Balanced Scorecard
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33
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The Balanced Scorecard (Cont.1)
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34
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The Balanced Scorecard (Cont.2)
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35
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The Balanced Scorecard (Cont.3)
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36
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Application of Quantitative Methods to Management Accounting
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37
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Application of Quantitative Methods to Management Accounting (Cont.1)
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38
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Application of Quantitative Methods to Management Accounting (Cont.2)
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39
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Application of Quantitative Methods to Management Accounting (Cont.3)
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40
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Application of Quantitative Methods to Management Accounting (Cont.4)
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41
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Application of Linear Programming
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42
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Application of Linear Programming (Cont.1)
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43
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Capital Investment Decisions
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44
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Comparison of NPV and IRR
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