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ACT105: Cost Accounting II
Prerequisite(s): ACT101, ACT102, ACT104

This course is designed to provide the student with a basic background in cost accounting.Topics include planning and
controlling costs, decision-making using cost accounting, and evaluating performance. Upon completion of this course, students should be able to demonstrate understanding of variable costing, relevant costing, the master budget, capital budget, financial management, inventory management techniques, and short & long run organizational performance.


 

Variable Costing

The Breakeven Calculator
Tool from Professor Jose Antonio Rose, Case Western Reserve University

Variable Costs Definitions and Resources
From the Detailed Index for Management Accounting, Manufacturingit.net

Variable or Marginal Cost Pricing
Explanation and related notes from Tutor2u.net


Master (Static) Budget

Operating Budgets in the Lodging Industry
Collection of articles and resources from About.com

Operations Management
Inventory management resources by Carter McNamara from The Management Assistance Program for Nonprofits


Links to Related Courses

FIN101: Introduction to Finance I
Introductory resources on theories of financial management including markets and financial institutions

FIN102: Introduction to Finance II
Corporate finance including capital budgeting, cash flow analysis, theories of capital, and other resources

Relevant Costing

Incremental Analysis
Accounting tutorial covers relevant costs and revenue from Malcolm White, Columbia College

Relevant Costs and Revenues
Resources from the Detailed Index for Management Accounting, Manufacturingit.net


Capital Budgeting

Capital Budgeting for a New Dairy Facility
Case study developed by the University of Florida, Institute of Food and Agricultural Sciences (UF/IFAS), orginally published in 1994

Capital Budgeting Overview
Self-paced tutorial from Studyfinance.com

Capital Budgeting Definition
From Investorwords.com

Capital Budgeting Practices Among Tennessee Municipal Governments
Article concerning capital budgeting practices by Alex Sekwat, hosted by the Government Finance Officers Association


Textbook Companion Site

Cost Accounting: A Managerial Emphasis
Study guide, internet activities, student resources, and "in the news"


Additional Sites of Interest

AccountingWeb.UK
United Kingdom accounting resources

Accounting.com
Accounting resources page

Accounting and Auditing Resources
From SmartPros Accounting

Accounting Glossary
Accounting terms from VentureLine.com (click on the letters of the alphabet to access)

Accounting Software 411

Accounting software news and information website

American Accounting Association
Professional accounting organization

American Institute of Certified Public Accountants
National professional association for CPAs

Association for Accounting Administration
Job openings and salary surveys

Basic Guide to Financial Management in Small For-Profit Businesses
Understand basic practices in financial management by Carter McNamara

Bloomberg, L.P.
Leading global provider of data, news, and analytics

Bnet
Business white papers, webcasts, and case studies

Business 2.0
Business news, technology news, and innovation

Business Week
Business news

CNN/Money
Business news from CNN and Money magazine

Calculator.com
Standard calculator as well as loan, mortgage, scientific, fraction, and others

Components of Financial Statements
Principles of accounting from AccountingInfo.com

The Economist
Online highlights of print business journal (Full text articles available through EbscoHost)

Entrepreneur
Solutions for growing businesses

Financial Accounting Standards Board

High quality financial reporting standards

Financial Times

Financial news

Forbes
Business and financial news

Fortune
Business and financial news

GAO: General Accounting Office
U.S. Government Accountability Office

Generally Accepted Accounting Principles (GAAP)
Bulletins, opinions, and accounting standards and concepts

IASB
International Accounting Standards Board

Journals: @Brint.com
Resources from business technology management and knowledge management

Management Accouting Quarterly
From the Institute of Management Accountants

Market Watch
Stock market news, commentary, and investor research

SmartBiz.com
Resources for small businesses

Smart Money
Investing, saving, and personal finance

United States Small Business Association
Resources for small businesses

Wall Street Journal
Business and stock market news

ZDNet
Business technology blogs

 

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