Strategic Cost Management

(3 Credit Hours) · Undergraduate

ACCT 30210 is the second of a two-course, six credit-hour sequence that addresses cost and management accounting. The first course, Accounting and Accountancy II ( ACCT 20200 ) introduces managerial concepts and how to use them for classifying and measuring costs, planning, and decision-making. ACCT 30210 builds on and reinforces concepts from the introductory course with applications in accounting and strategic cost management settings. The course is designed to help students become discriminating producers and users of strategic cost accounting information for decision making. The course demonstrates how cost analysts can add value to, and help their organizations meet their strategic goals by proactively managing costs rather than passively measuring costs, and by measuring causes or drivers of costs. The course also includes an in-depth discussion of non-financial measures of environmental performance. Students will learn about the link between environmental performance measures typically used by firms and managerial evaluation and compensation. Course cannot be taken Pass/Fail.