ISL 224 - Cost Accounting

Course Objectives

The objectives of this course is to introduce basic concepts of financial statements, accounting information system and cost. In addition this course aims to foster the ability of decision making in response to managerial issues using the cost accounting information effectively.

Course Description

This course is a combination of financial accounting and cost accounting. In the scope of this course the following is explained: basic principles of accounting, financial statements, assets, liabilities, equity, revenue, expense, spending, cost concepts