Study Materials for Online Cost Accounting Programs

Study materials for online cost accounting programs include textbooks and articles, or case studies. Students often need to use w-based accounting software such as MyAccountingLab and online course management systems such as Blackboard to access study materials.

Overview of Cost Accounting Programs

Cost accounting, also known as managerial accounting, is typically not offered as a degree program but as a course in accounting or business administration programs. Cost accounting focuses on calculating manufacturing costs and drawing on that information to improve company performance. Topics of study in a typical cost accounting course include:

  • Cost behavior
  • Estimation and allocation
  • Activity-based cost determination
  • Budgeting
  • Cost-volume-profit relationships
  • Managerial accounting fundamentals

Study Materials Required for Online Cost Accounting Programs

Study materials for online cost accounting courses generally consist of textbook readings. Curricula may also include articles that focus on specific case studies found on the Internet and within the online course management system. These resources introduce students to theories and practices related to:

  • Cost accounting planning and control
  • Effective writing in cost accounting
  • Managerial accounting

Technological Requirements for Online Cost Accounting Programs

Because the courses are offered online, students may also need to meet general hardware and software requirements. For instance, students may be required to have a computer with the following features:

  • A Windows, Mac or Linux-based operating system
  • Antivirus software
  • Broadband Internet access,
  • Spreadsheet and word processing programs
  • A Microsoft-compatible mouse
  • At least 256 megabytes of RAM

Career and Salary Information

Common job titles for individuals interested in cost accounting include cost accounting clerk, auditing clerk and cost accounting manager. According to PayScale.com, as of January 2017, cost accounting clerks earned a median hourly rate of $18.19, which comes to a median salary of $41,208 annually, without bonuses and overtime. Cost accounting managers made a median income of $84,457 per year. Actual earned salary varies by industry, however.

Students who are taking online cost accounting courses can benefit from online readings that introduce them to key concepts in the field in order to help prepare them for finance-related careers.


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