This is an introductory course on cost and management accounting. Students will learn how to use a variety of cost and management accounting concepts and techniques (e.g. absorption, variable, job and process costing; traditional cost allocation versus activity-based costing; cost-volume-profit relationship; budgeting and variance analysis; and relevant costs for decision making) in both manufacturing and service organizations. Emphasis will be placed upon the application of relevant theory in the solution of problems and case studies.