Course Code: ACCT 153
Academic Year: 2020-2021
This course provides an introduction to cost accounting concepts, including systems for job-order and process costing. Special problems relating to cost-volume-profit relationships will be studied in depth. Cost Accounting 1 is designed to acquaint the student with how accounting data is used internally by the various levels of management. Students will also learn how to accumulate product costs in a manufacturing environment and will be able to segregate cost by behaviour. Please note that students who choose to take an online section of this course must write the final exam in person, at either the Humber North or Lakeshore campus, or, if located more than 100km from the campus, through an approved proctoring facility. Any costs associated with this are the sole responsibility of the student.