Accounting (ACCT) 355

Overview

ACCT 355 will address the details of cost accumulation and product costing. It will also teach you how to measure and identify relevant costs for managerial decision making, planning, controlling, and measuring performance.

Outline

• Lesson 1: Accounting, Business, and Competitiveness
• Lesson 2: Product Costing: Job Order Costing
• Lesson 3: Product Costing: Process Costing
• Lesson 4: Activity-Based and Service Department Costing
• Lesson 5: Cost-Volume-Profit (CVP) and Analysis of Cost Behaviour
• Lesson 6: Incremental Analysis and Absorption versus Variable Costing: A Decision-Making Perspective
• Lesson 7: Pricing, Transfer Pricing, and Inventory Decisions
• Lesson 8: Master Budget and Responsibility Accounting
• Lesson 9: Flexible Budgets, Variances, and Management Control
• Lesson 10: Planning for Capital Investments

Evaluation

To receive credit for this course, you must write a final examination and pass it with a grade of at least 50%. In addition, you must achieve a minimum overall course grade of D (50 percent). Any quizzes or assignments not submitted will receive a grade of 0%.

The following chart describes the credit weight associated with each assessment activity:

In response to COVID-19 containment directives, temporary online exam(s) are available for this course.

To learn more about assignments and examinations, please refer to Athabasca University's online Calendar.

Note: Students planning to transfer this course to a Chartered Professional Accountant designation are advised that they will be required to achieve a grade higher than the minimum passing grade. See CPA Requirements for details.

Course Materials

Textbook

Registration in this course includes an electronic textbook. For more information on electronic textbooks, please refer to our eText Initiative site.

A print version of the eText may be available for purchase from the publisher through a direct-to-student link provided on the course website; you can also acquire the textbook on your own if you wish.

Other Materials

Students will access all other course materials online.

Challenge for Credit Overview

The Challenge for Credit process allows you to demonstrate that you have acquired a command of the general subject matter, knowledge, intellectual and/or other skills that would normally be found in a university-level course.

Full information about Challenge for Credit can be found in the Undergraduate Calendar.

• Undergraduate Challenge for Credit Policy
• Undergraduate Challenge for Credit Procedures

Challenge Evaluation

To receive credit for the ACCT 355 challenge registration, you must achieve a grade of at least D (50 percent) on the examination.

Undergraduate Challenge for Credit Course Registration Form

• Challenge for Credit Form