BATS4101 - Cost and Management Accounting
Overview
The Cost and Management Accounting course provides students with comprehensive knowledge regarding cost accumulation, cost allocation, managerial decision-making, operational efficiency analysis, and strategic cost management practices.
Students will learn the concepts and applications of cost accounting systems, including job costing, process costing, cost behavior analysis, spoilage and rework accounting, Activity-Based Costing (ABC), Activity-Based Management (ABM), inventory management, Just-in-Time systems, quality costing, and environmental costing.
The course also emphasizes analytical thinking, managerial problem-solving, ethical decision-making, and professional accountability in business cost management practices. Through accounting simulations, managerial accounting cases, collaborative projects, and costing analysis exercises, students are expected to develop the ability to analyse operational problems, prepare costing reports, evaluate business efficiency, and support managerial decision-making processe.
Pre-requisites:
Learning Hours Composition:
- 42 hours face-to-face learning consisting of 14 sessions of lecturing, tutorial, and workshop activities.
- 28 hours of Structured Learning and Guided Discussions.
- 65 hours of Independent and Practice-Based Learning.
Managing Faculty:
Credit Point:
3 Credit(s)
Learning Hours:
45 hours x 3CPs = 135 hours
