CCCOnline LogoCourse Snapshot for ACC226 - Cost Accounting


The information listed below is subject to change. Please review the course syllabus within your online course at the start of class.

Course Competencies

The competencies you will demonstrate in this course are as follows:

  1. Describe cost accounting including its relationship to management and its fit into the organization structure.
  2. Distinguish the roles of a management accountant and understand the importance of professional ethics to management accountants.
  3. Explain and differentiate basic cost terms, concepts, and classifications used in managerial accounting.
  4. Apply cost-volume-profit (CVP) analysis and related tools.
  5. Illustrate commonly used system designs including activity-based costing (ABC).
  6. Define and illustrate a master budget and its benefits.
  7. Define and develop flexible budgets including performing variance analysis.
  8. Explain and illustrate variable costing and absorption costing.
  9. Explain the use of cost data in decision-making.
Learning concepts for this course are enchanced using presentations, visual examples, and online discussions.

Module Outcomes Mapped to Competencies

The module outcomes that will permit you to demonstrate course competencies are:

Module 1
  Outcomes Competencies
1 Explain the differences between financial, managerial, and cost accounting. I, II
2 Identify key terminology and concepts to provide a solid foundation in cost accounting. III
3 Construct a CVP worksheet. IV
Module 2
  Outcomes Competencies
1 Compare job costing, activity based costing, and process costing. V
2 Identify additional resources to assist with implementing a job costing system. V
3 Apply activity based costing (ABC) concepts to analyze a local business. V
Module 3
  Outcomes Competencies
1 Create static and flexible budgets. VI, VII
2 Explore variance analysis. VII
3 Demonstrate how a manager would interpret the variances within their department and what decisions would be made. VII
Module 4
  Outcomes Competencies
1 Identify variable, absorption, and throughput costing methods. VIII
2 Compare the different concepts used in capacity analysis. IX
3 Identify the cost type by analyzing its behavior. IX
Module 5
  Outcomes Competencies
1 Investigate how managers make decisions and formulate strategies based on costing information. IX
2 Examine how to evaluate strategies to determine success or failure. IX
3 Explain the use of cost accounting data in pricing decisions. IX

Course Time Commitment and Expectations

The semester schedule for this course may be 15 weeks, 10 weeks, or 6 weeks in duration. Based on the course format, this table shows the approximate amount of time you should plan to spend per week on this course. This includes time to read/listen to the online content, participate in discussion forums, complete all assignments, and study the course material.

For accelerated courses, the amount of time required per week is greater. Note that regardless of course format, the course material is the same and all course competencies, module outcomes, and assignments will be covered.

Course Activity Hours and Student Learning Hours
Course Credit Hours Course Format (Duration) Pace Relative to a 15 Week Course Course Activity Hours Student Learning Hours Per Week
3 15 Weeks - 135 8.5 to 9.5
3 10 Weeks 1.5x faster 135 12.5 to 14.5
3 6 Weeks 2.5x faster 135 21 to 24

Aside from typical reading assignments, this course has the following (Please Note: This list is subject to change based on the discretion of the instructor facilitating this course.):

Summary of Grading
Assignment Points %
Discussions (10 @ 20 points each) 200 22%
Exams (5 @ 50 points each) 250 27%
Problem Sets (12 @ 20 points each) 240 27%
Project 1 (1 @ 100 points) 100 11%
Project 2 (1 @ 120 points) 120 13%
TOTAL 910 100%

 

CCCOnline Course Quality Commitment

CCCOnline goes to great lengths to assure the quality of your online learning experience. You can expect the following from our courses: