At the end of this course the learner should be able to:
- Define cost accounting and distinguish between cost accounting, financial accounting and management accounting
- Classify costs and use the classifications to accumulate costs
- Distribute costs by allocating and absorbing them to different cost centers to finally cost the final product
- Use marginal costing to make management decisions
- Use job costing, process costing, batch costing and contract costing to cost end products.
- Teacher: Jacob Kipkoech
