In: Accounting
Accounting 222 aims to provide students with an understanding of, and ability to produce and apply cost and management accounting information that is used in planning and control of organisations. Particular emphasis is placed on mastering the topics of budgeting, variances and performance evaluation, relevant costs for decision making, pricing, treatment of overhead and allocations, and considering the influence that human behaviour and strategic direction have on those processes and the use of this cost accounting information.
Key learning from accounting 222.
1. An understanding of and ability to calculate and apply the costing techniques
2. Understanding of the interrelationship of these costing techniques with other business functions.
3. Problem-framing and analytical skills, information seeking and retrieval skills, problem solving skills
4. More independence and self-direction
5. Decision making