The following course in Cost Accounting is provided in its entirety by Atlantic
International University's "Open
Access Initiative" which strives to make knowledge
and education readily available to those seeking advancement
regardless of their socio-economic situation, location
or other previously limiting factors. The University's Open Courses are
free and do not require any purchase or registration,
they are open to the public.
The aim of the course is to equip students with skills and knowledge to:
- Identify and calculate different types of costs (direct, indirect, variable, and fixed costs).
- Distinguish between job-costing, process-costing, and joint-costing systems.
- Determine the product cost by means of full- costing and direct-costing methods.
- Determine the product cost by means of historical (actual) and standard cost systems.
Cost accounting provides key data to managers for planning and controlling, as well as data on costing products, services, and customers. By focusing on basic concepts, analyses, uses, and procedures instead of procedures alone, we recognize cost accounting as a managerial tool.
Introduction: Cost Accounting (Open)
This brief Video Introduces the professor and topics
to be covered in the course
Content, Lessons, and Tests: Cost Accounting (Open)
The lessons and topics for this course are provided
in audio and video format. A test will follow the conclusion
of each lesson to verify the concepts covered have been
of Topics and Lessons: Cost Accounting (Open)
A outline of the topics covered in this course is provided
in video format.
Cost Accounting (Open)
Final notes and comments about the course made by the
Resources and Bibliography
- Horgen, Ch. T; Datar, S.M. & Foster, G. (2006): Cost Accounting. A managerial emphasis. 12th Edition. Prentice-Hall
- Gray, S.J.& Needles, B.E. (1999): Financial Accounting. A global approach. Houghton Mifflin Company. Chapter 7