Management Accounting-Cost Model

 

The course aims to examine issues that encourage the use of accounting information for administrative and business decisions. In particular, it addresses issues of training, monitoring and control of the overall business budget, analysis of the differences arising from the comparison of budgets, accounts and decision making. The methodology of the model as a cost effective means to control the costs of the various functions of the company, and intermediate bodies and final cost. The verification is done by comparing actual with standard costs, identifying gaps, analyzing them and taking action.