Cost-accounting علوم التجارة / Cost-accounting
Cost accounting is a specialized branch of accounting that focuses on tracking, analyzing, and reporting a company's costs associated with producing goods or services. Unlike financial accounting, which adheres to strict reporting standards for external stakeholders, cost accounting is primarily used internally by management to make informed decisions.
Professionals in Finance and Accounting
Professionals in Operations and Management
Key Concepts and Objectives
Cost Object: Anything to which costs are assigned, such as a product, service, department, or project.
Cost Driver: A factor that causes a change in the cost of an activity.
Cost Behavior: How costs react to changes in activity levels (fixed, variable, mixed).
Introduction to Cost Accounting
Cost Behavior and Cost Estimation
Job Order Costing
Process Costing
Activity-Based Costing
Budgeting and Cost Control