Cost and Management Accounting provides valuable insights into the cost structure of a business, helping management make informed decisions regarding pricing, budgeting, cost control, and decision-making. These lectures focus on the use of cost and management accounting tools and methods to provide management accounting information for planning and control and to support informed and effective decision-making. We will examine the role that cost accounting plays in measuring, analyzing and reporting information that relates to the cost of obtaining and using an entity’s resources. Students will be exposed to real-life scenarios and they will be given the opportunity to integrate theories to business practice.

- The knowledge and understanding of the use of accounting and other information systems for managerial applications. - The managers’ understanding of the methods and limitations of cost methods, conceptual and critical thinking, analysis, synthesis and evaluation.