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Technische Universität München (Technical University of Munich)

Cost Accounting

Technische Universität München (Technical University of Munich) via Coursera Specialization

Overview

View the Specialization trailer: https://www.youtube.com/watch?v=XE5Rx91bdYw Many corporate decisions need cost accounting information. When you know the costs of your products, you will make better pricing decisions and you can better choose which products to offer. When you know the costs of your departments, you can better detect inefficiencies and you can better incentivize your employees. In this Specialization, you will learn the fundamentals of cost accounting. Three courses cover the basics of cost accounting. We will start with an introduction to product costing. How can you figure out the costs of your individual products? Next, we will discuss how to connect cost information with revenue information to calculate profits and profitability. Finally, we focus on how to use the information provided by cost accounting systems to optimize your business decisions. We have created the courses of this Specialization for interdisciplinary young professionals seeking to develop cost accounting skills. At the same time, the courses can help students in management and business administration to repeat the content of their introductory cost accounting course.

Syllabus

Course 1: Basics of Cost Accounting: Product Costing
- Offered by Technical University of Munich (TUM). The core of the first course is to learn how companies record total costs and calculate ... Enroll for free.

Course 2: Cost Accounting: Profit and Loss Calculation
- Offered by Technical University of Munich (TUM). Companies do not only need to know the costs of different products, but they also need to ... Enroll for free.

Course 3: Cost Accounting: Decision Making
- Offered by Technical University of Munich (TUM). In the third course, you will learn how to use information from cost accounting to improve ... Enroll for free.

Courses

Taught by

Gunther Friedl, Marcus Witter and Peter Schaefer

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