Brief Course Description
1. Course Title:
Cost Information for Decision Making
2. Language of Instruction:
Tiếng Việt
3. Course Code:
ACC507198
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:
This unit of study "Cost information for decision-making" is intended to provide learners with in-depth knowledge of costing and cost management in businesses in order learners to prepare financial statements and to support managers in their process of planning and cost control. Some of the topics taught including: understanding cost classification methods for financial statements preparation purpose and cost control purpose by cost behavior, effectively organizing the cost accounting system based on the job-order model, or the production process model, or the hybrid model or activity-based costing model. In addition to costing in the manufacturing sector, this module also provides the techniques of cost accounting in a number of special sectors, i.e. service, construction and agriculture sectors. Finally, this module focuses on developing learners' ability to analyze and control the variances in direct and indirect production costs, and quality cost management.