Cost Accounting and Management | 17.5 CPE
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Who is AICPA?
AICPA (the Association) represents AICPA® & CIMA®.
The Association has over 696,000 members in 192 countries. AICPA is the worldwide leader on public and management accounting issues through support for the CPA license, specialized credentials, professional education & thought leadership.
Cost Accounting and Management
The Cost Accounting and Management course covers traditional costing, activity-based costing, activity-based management, alternative costing methods, quality management and process improvement for accounting and finance professionals.
Key takeaways for Cost Accounting and Management
This course is useful for finance professionals who want a structured understanding of costing methods and how cost data supports business decisions. It goes beyond basic product costing by covering activity-based costing, customer profitability, joint product costing, target costing, learning curves and quality management.
- Calculate marginal and absorption costs.
- Compare activity-based costing with traditional costing methods.
- Use activity-based management outputs to improve overhead activity efficiency.
- Understand joint cost allocation methods for final products.
- Recognise how quality costing supports a total quality management system.
What is Cost Accounting and Management?
Cost Accounting and Management is an AICPA & CIMA online course that covers traditional costing, activity-based costing, activity-based management, advanced costing techniques, quality management and process improvement. It helps learners understand how costing supports planning, control and better management decisions.
The course is part of the CGMA learning track and is included in the Financial Performance Management Program. It can also be purchased individually or as part of the Cost Accounting and Management learning option, based on the official AICPA & CIMA course page.
Badge note: The official public course page for SKU 165365 does not state digital badge wording. If badge availability is important, verify the current product terms before purchase or publishing.
Official course facts for SKU 165365
The table below summarises the official AICPA & CIMA course details for Cost Accounting and Management. These details help learners compare the course quickly and help the product page remain clear for search engines and AI summaries.
| Course item | Details |
|---|---|
| Official course name | Cost Accounting and Management |
| Product number | 165365 |
| Format | Online |
| CPE credits | 17.5 CPE |
| NASBA field of study | Business Management and Organization |
| Level | Basic |
| Access period | 1 year |
| Author | Kaplan Publishing Limited |
| Prerequisites | Not stated on the official page |
| Official source | AICPA & CIMA course page |
Who should take Cost Accounting and Management?
This course is useful for accounting and finance professionals who support costing, margin analysis, customer profitability, product profitability, operational performance, budgeting or process improvement. It is especially relevant for learners building CGMA-style financial performance management skills.
Build costing knowledge for planning, control, product costing and decision support.
Strengthen knowledge of overheads, costing methods and performance analysis.
Use cost data to evaluate margins, process performance and customer profitability.
Explain cost behaviour and profitability drivers to non-finance teams.
What will you learn in Cost Accounting and Management?
Learners study both traditional and modern costing approaches. The course begins with costing purposes and traditional methods, then moves into activity-based costing, activity-based management, alternative costing methods, target costing, learning curves and quality management.
Traditional costing and absorption costing for finance teams
The course examines why businesses need to determine the cost of products and services. Learners build the foundation needed to calculate marginal and absorption costs and understand how these approaches affect profit analysis.
Activity-based costing and activity-based management
Activity-based costing helps organisations understand overhead activities more precisely than broad traditional costing methods. Activity-based management then uses those outputs to improve repetitive overhead activities and evaluate product, customer or channel profitability.
Alternative costing methods and quality management
The course includes joint product costing, throughput accounting, environmental costing, target costing, learning curves, total quality management and process improvement. These topics help finance teams evaluate cost behaviour in modern operating environments.
Traditional costing Absorption costing Marginal costing Activity-based costing Activity-based management Joint product costing Target costing TQM
Cost Accounting and Management course modules
The official course page lists six CPE courses inside Cost Accounting and Management. Together they cover costing fundamentals, ABC, ABM, alternative costing methods and quality improvement.
| Module | What it covers |
|---|---|
| Traditional Costing | Examines the purpose of costing and why a business needs to determine the cost of products or services. |
| Activity-Based Costing | Explains modern production environments and how ABC may be more useful than traditional marginal and absorption costing. |
| Activity-Based Management | Explores ABM, direct product profitability, direct customer profitability and distribution channel profitability. |
| Alternative Costing Methods I | Covers joint product costing, throughput accounting and environmental costing. |
| Alternative Costing Methods II | Covers target costing, life-cycle costing, learning curves and logarithms. |
| Quality Management and Process Improvement | Explores world class manufacturing, modern manufacturing environments, quality management and process improvement. |
How Cost Accounting and Management applies at work
Cost accounting becomes valuable when finance teams use it to explain profitability, efficiency and process performance. These examples show how course concepts translate into real finance and business partnering work.
| Business situation | Cost accounting question | Course connection |
|---|---|---|
| Product pricing | Does the price cover product cost, overheads and target margin? | Traditional costing and absorption costing |
| Customer profitability | Which customers consume more support, delivery or service resources? | Direct customer profitability and activity-based management |
| Channel profitability | Which sales channels generate hidden fulfilment, service or distribution costs? | Distribution channel profitability |
| Joint product costing | How should shared production costs be allocated to final products? | Alternative Costing Methods I |
| Cost reduction project | Which activities create avoidable cost without adding customer value? | Activity-based management and process improvement |
| Quality improvement | How do prevention, appraisal and failure costs affect total cost? | Total quality management and quality costing |
Why buy Cost Accounting and Management through Eduyush?
Eduyush supports eligible learners with regional purchase guidance, local payment convenience and activation help for selected AICPA & CIMA learning products. This helps learners choose the right course for their finance role and avoid confusion between individual courses and larger learning pathways.
- Get help confirming whether this 17.5 CPE course fits your finance role and learning goal.
- Use regional purchase support where available for eligible learners.
- Receive guidance on activation and access after enrolment.
- Compare cost accounting with related CFO, controller and data analytics courses.
- Build a practical learning pathway across costing, budgeting, performance management and decision support.
If you are building a broader finance leadership pathway, compare this course with Controller I, Controller II, CFO Financial I, and Data Processing and Analysis.
How to approach this course
The best way to study this course is to connect each costing method to a real business decision. Learners should build simple examples using a product, service, customer segment or process from their own workplace.
- Start with traditional costing and the purpose of costing products or services.
- Compare marginal costing and absorption costing using a simple profit example.
- Study activity-based costing and connect activities to overhead drivers.
- Use activity-based management to think about customer, product and channel profitability.
- Review joint product costing, throughput accounting, environmental costing and target costing.
- Finish by linking quality management and process improvement to cost reduction.
FAQs on Cost Accounting and Management
How many CPE credits does Cost Accounting and Management provide?
The official AICPA & CIMA course page lists Cost Accounting and Management as 17.5 CPE credits.
What is the SKU for Cost Accounting and Management?
The official product number for Cost Accounting and Management is 165365.
What topics are covered in this course?
The course covers traditional costing, activity-based costing, activity-based management, joint product costing, alternative costing methods, target costing, learning curves, total quality management and process improvement.
Is this course basic or advanced?
AICPA & CIMA lists Cost Accounting and Management as a Basic level online course in the Business Management and Organization field of study.
Who should take this course?
This course is useful for management accountants, controllers, finance managers and finance business partners who work with costing, profitability analysis, budgeting, process improvement or financial performance management.
Does Cost Accounting and Management include a digital badge?
The official public AICPA & CIMA course page does not state digital badge wording for this course. If a badge is important, verify current terms before purchasing.
Official sources and related Eduyush pages
Last verified: May 13, 2026. Course facts, CPE credits, access terms, pricing and badge wording should be checked against the official AICPA & CIMA page before publishing.
