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University of South Australia
Cost Management Systems is an online unit provided by the University of South Australia in association with Open Universities Australia. It transcends the remit of many accounting courses by providing specific skills for reducing and managing cost. It has been specifically engineered for the modern age, and discusses contemporary cost management themes.
Fundamentally, the unit aims to teach how the effective management of accounting information can manifest real value for a business. This is because poor cost management, in the worst instances, can actually bankrupt a business. This unit teaches accounting skills that will help ensure supply costs never exceed profitability.
Key themes include exploring the links between cost management and costing techniques, discussing modern performance evaluation techniques, how to quantify customer profitability, capacity management, and many more. The central aim is to establish a portfolio of skills that can be used in the real world to create substantial savings for a business.
To be eligible to enrol, applicants must have successfully completed the following unit:
You must also have successfully completed, be currently enrolled in, or intending to enrol in the following unit:
This unit is an approved elective in the following course:
Content may also be relevant to other courses, and could qualify you for Recognition of Prior Learning (RPL) for a course offered by another institution.
In this accounting unit, the topics you will study include:
If you are serious about a career in business accounting, Cost Systems Management provides you with a unique set of skills that separates you from the competition. Accounting is a competitive sector where many are acquiring the necessary, basic qualifications. Possession of specialist business-specific accounting insights, particularly when it comes to reducing costs, could seal the deal at interview.
If you are an Australian citizen, you may be eligible to receive a government HECS-HELP or a FEE-HELP loan, meaning you can defer payment of your fees.
This course can be paid for through the HECS-HELP or FEE-HELP government loan schemes. If you are an Australian citizen or hold a permanent humanitarian visa, this means you don’t need to pay upfront.
Instead, the Australian government will pay your course fees on your behalf. You’ll begin repaying your loan through the tax system once you start earning more than the minimum threshold of $54,869 (2016-17 income year).Find out more about government study loans here.
Want more information about the career benefits of this course?
Fill out the enquiry form to the right and a study consultant will contact you with the details you need.