Cost Accounting

Outline of the course

1. Conceptual framework of managerial accounting and cost accounting

2. Sharing Expense Sheet

3. Categorization of the Cost (criteria)

4. Inventories evaluation

5. product cost, period cost, Cost of goods sold

6.Variable costing, absorption costing

7. Standard costing and deviations

8. Budgeting

9. Cost accounting (entries in the journal – Combination of the two categories accounts)

10. Cost Systems according to the characteristics of the production