ACC 3040: Cost Accounting focuses on accounting's role in product costing, planning, control, and decision-making for both businesses and non-profits. By equipping students with strategic cost management principles, the course emphasizes how management accountants use timely information to guide firms towards achieving their goals. Topics include process costing, activity-based costing, target costing, and strategic performance measurement, all with a focus on applying these concepts to real-world scenarios through case studies and discussions.

When you've completed this course, you should be able to:

• understand the fundamentals of management accounting, including the strategic focus, and other basic cost terms and concepts;

• determine product costs;

• use costs and other critical success factors in management planning and decision making;

• use costs and other critical success factors in operational control;

• and, use costs and other critical success factors in management control.

COURSE CODE

COURSE NAME

ACC 1100  

Introductory Financial Accounting

ACC 2010  

Intermediate Accounting – Assets

ACC 2020  

Intermediate Accounting – Equities

ACC 3040 

Cost Accounting

ACC 4030

Accounting Theory

ECON 1010 

Introduction to Microeconomic Principles

ECON 1020

Introduction to Macroeconomic Principles

ECON 2010

Microeconomic Theory 1

ECON 2040

Quantitative Methods in Economics

ECON 3040  

Introduction to Econometrics

ECON 4490  

Macroeconometrics for Policy Analysis

FIN 2200  

Corporate Finance

FIN 3410  

Investments

FIN 3460  

Financial Markets and Institutions

FIN 3480  

Corporate Finance Theory and Practice

FIN 4270  

Options and Futures

GMGT 2070  

Organizational Behaviour

LAW1102  

Contracts

MKT 2210  

Fundamentals of Marketing

STAT 1000  

Basic Statistical Analysis 1

STAT 3490  

Time Series Analysis