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Advanced Cost Accounting online (ACC 573), taken through the University of Phoenix, benefits individuals with an interest in Finance, Business, and Accounting. The three credit graduate course satisfies requirements by giving students a thorough outlook on the ins and outs of Cost Accounting.
Students learn about cost-volume-profit analysis, costing systems, activity-based costing, flexible budgets, variances, inventory costing methods, cost behavior, and allocation. Additional topics and objectives are also introduced throughout the duration of the class. Themes centralize around the subject of Conceptual Framework Underlying Cost Accounting, Cost-Volume-Profit (CVP), and Ethics in Accounting.
Students get to view Standard Costing and Cost Allocation, Cost Systems and Sectors, Activity-Based Costing Techniques, Budgeting and Variance Analysis in depth. Planning and Control, Management Decision Making, and Control Systems also play a role in shaping the content of the course. Students majoring in Math or Business or who are interested in learning more about the subject find the class both informative and beneficial.
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