22753 Cost Management and Analysis

Description

This subject examines the role of cost management and analysis practices used within organisations. The subject focuses on a range of quantitative techniques that use cost information for business planning and control, including cost classification cost estimation, product costing and pricing, standard costing and variance analysis. Students learn the basic principles underpinning these techniques, gain proficiency in applying them to analyse and solve practical organisational problems and learn how information and communications technology supports cost management and analysis in contemporary organisations.