Unit Catalogue

This unit builds upon the basic accounting knowledge developed in ACT102 or equivalent introductory accounting unit by developing knowledge of costing techniques and placing those techniques in more complex environments. The successful study of this unit will provide the ability to apply the principles of cost-volume-profit analysis, absorption costing, variable costing, process costing, job costing, standard costing, variance analysis and budgeting. The application of the techniques will relate to both large manufacturing firms and service organisations.