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National College Credit Recommendation Service

Board of Regents  |  University of the State of New York

Coopersmith Career Consulting | Evaluated Learning Experience

Cost Accounting (ACC-385)

Length: 

Varies (self-study; self-paced). 

Location: 
Various; distance learning format.
Dates: 

December 2021 - Present. 

Instructional delivery format: 
Online/distance learning
Learner Outcomes: 

Upon completion of this course, students will be able to: identify the various costs for manufacturing and service companies; apply different cost assignment methods to determine inventory and service costs; describe the master budget for a manufacturing company; explain company results using standard costing; and discuss inventory costs within an advanced manufacturing environment. 

Instruction: 

Cost Accounting i examines the concepts and procedures underlying the development of a cost accounting system for managerial decisions, control, and performance reporting. Topics include cost measurement and cost control; cost-volume-profit analysis; job costing; activity-based costing; tools for planning and control; master budgeting and responsibility accounting; flexible budgeting and variance analysis; management control systems; inventory costing, management, and capacity analysis; cost information for decision making; relevant information; pricing decisions; cost management; strategic profitability analysis; cost allocation and revenues; measurement and control of overhead costs; and revenues and sales variances.

Credit recommendation: 

In the upper division baccalaureate degree category, 4 semester hours in Accounting, Economics, Forensic Accounting, Auditing, Cost Accounting, or Business Administration (6/22).

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