Brief Course Description
1. Course Title:
Cost information for decision making
2. Language of Instruction:
Tiếng Anh
3. Course Code:
ACC507205
4. Credits:
3
5. Course Objectives:
"Cost Information for Decision Making" course provides learners with the knowledge and skills necessary to effectively use the costing techniques and cost management, thereby providing information for managers to prepare financial statements, effectively control costs in production, construction service activities, productively support managers in making strategic decisions on unit costs and selling price as well as effectively manage quality costs.
6. Brief Description of Course Content:
The course is designed to introduce students to the roles of managers and accountants in cost management in organizations and what role cost accounting plays to help managers in planning and controlling costs. The information provided by cost accounting is mainly for the management's decision making, in addition, it also provides information for the preparation of financial statements.
The course content provides basic knowledge about the nature, objectives, functions, contents and methods of cost accounting, cost classification and production cost accounting process and cost calculation according to two models, including: product costing based on actual costs along with product costing based on actual cost combined with estimated costs.