The objective of this course is to provide the fundamentals in costing. The best way to understand what we are dealing with here is to consider the distance between the prices charged on the market and cost of delivering products and services. The higher this distance, the more profitable will a company be. While the price is determined by the demand forces on the market, the cost is determined by the supply side on the company’s internal conditions. Costing is the technique that provides the companies with a clear understanding of what can be done to measure, and increase the distance between price and cost.
Prerequisites: Análise de Reportes Financeiros
International Undergraduate Program: Financial Accounting