At the end of this Module/Course unity a student will be able to:
i. understand management accounting and how it helps
ii. Understand the difference between management accounting,
iii. Defifine the budget and the purpose served by budgeting.
iv. Discuss about the the essentials of a sound system of
v. Prepare various types of budgets
vi. Discuss about element of cost in manufacturing business and
viii. Define break-even point and know how to compute it
ix. Describe variable costing and how does it differ from traditional absorption costing
x. Discuss the utility of standard costing and prerequisites for a
sound variance analysis.
- Teacher: Dr François Xavier NIYIBIZI