fbpx Micro-credential certification in Cost Accounting FIN3163 (BAF) | Africa Open Learning
Overview: 

The course exposes students to a broad range of cost accounting concepts and their terminology such as cost elements and cost behaviour, types of labour remuneration, inventory management, introduction to product/job/batch costing, cost-volume profit analysis and short term decision making.The main emphasis is on the estimation of the cost of products produced and services rendered.

Note: Subject relates to Bachelor of Accounting & Finance

Programme Fee

Awarding Body: 

This programme is designed, delivered, assessed and awarded by SEGi University through the Africa Open Learning Platform. 

Discipline: 
Business & Accounting
Entry Requirements: 

Entry Requirements - No 
Age Experience - 19 Years Above 
Language Proficiency - Yes 
Numeracy Proficiency - No 
Pre-requisites - No

Contents: 
  1. Introduction To Cost Accounting                             
  2. Cost Elements & Cost Behaviour                       
  3. Labour Remuneration Methods & Inventory Management                                                                                   
  4. Overehead Costing: Traditional Absorption Costing                                                                                       
  5. Short Term Decision Making                                               
  6. Cost-Volume-Profit (Cvp Analysis)                   
  7. Marginal And Absorption Costing 
Assessments: 

Assignment 1 - 20% 
Assignment 2 - 30% 
Final Examination - 50% 

Credit Transfer: 
Upon successful completion of this Micro-credential certification in Cost Accounting (BAF), students will be able to transfer grades and credits into the following programme(s):
  1. Bachelor of Accounting & Finance
Continuing Education: 

Upon successful completion of this Bachelor of Accounting & Finance programme and meeting the necessary entry requirements, students will be able to progress into the following programme(s):

  1. Master of Financial Planning 
  2. Master of Accountancy 
  3. Master of Business Administration (Global   Business)
  4. Master of Business Administration (General Management) 
Career Opportunities: 

Students will be able to have basic knowledge on cost classification; basic cost accounting principles, methods and techniques and some basic management accounting techniques, including budget preparation, basic cost variances and simple short-tem decision making.