BBA3106 Cost Accounting (Accounting Option)

This course emphases cost control in the process of manufacturing and service creation. It looks at three cost elements of production i.e. materials, labour & factory overhead. It later formulates these costs into statement such as cost sheet and cost budgets.

Course objectives

• To expose students to the various cost accounting principles and concepts
• To equip students with the knowledge required to generate and interpret cost data
• To be able to cost various activities and products

Expected outcome
By the end of the course, the learner should be able to:

• Understand the framework of Cost Accounting.
• Perform cost accounting functions using the various costing methods.
• Advise Management on business decisions based on cost accounting concepts.
• Analyze the cost accounts and use variance analysis to guide decision making.
• Develop suitable costing systems for the organization.