Description:
Analyzing Cost Data for Management covers the managerial use of accounting, financial, and operating data for planning, control, and decision making. The course is designed for managers and entrepreneurs who need hand-on knowledge and tools in processing, developing, and analyzing financial, cost, and business data for managerial use. Topics include strategic cost management, analysis of costs; break-even and contribution analysis; cost behavior analysis; activity-based costing (ABC); responsibility accounting and corporate balanced scorecard (CBS); budget for profit planning; short-term decisions; capital budgeting.

Topics Covered:

• Introduction to Management Accounting
• Cost Classifications and Profit Concepts
• Accumulation of Costs - Job Order Costing
• Activity-Based Costing and Activity-Based Management
• Break-Even and Cost-Volume-Profit Analysis
• Analysis of Cost Behavior and Cost Estimation
• Budgeting for Profit Planning and Financial Modeling
• Responsibility Accounting and Cost Control Through Standard Costs
• Performance Evaluation, Transfer Pricing, and Decentralization
• Relevant Costs and Short-Term Decisions
• Long-Term Investment and Capital Budgeting Decisions
• A Further Look at Capital Budgeting

Category: Accounting

Delivery Method: Online

Level: Overview

Prerequisites: Basic Math and Accounting

Passing Score: 70%

NASBA: Yes QAS Self Study

Author: Delta Publishing

ABOUT THE SUBJECT MATTER EXPERT:
Dr. Jae K. Shim is Professor of Business at California State University, Long Beach,
California. Dr. Shim received his MBA and Ph.D. degrees from the University of California at Berkeley (Haas School of Business.) He has co-authored over 50 professional business books and has been a consultant to commercial and nonprofit organizations for over 30 years.