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Back to Cost Accounting: Profit and Loss Calculation

Learner Reviews & Feedback for Cost Accounting: Profit and Loss Calculation by Technical University of Munich (TUM)

4.6
stars
61 ratings

About the Course

Companies do not only need to know the costs of different products, but they also need to know whether they gain a profit or realize a loss. We explain how companies use cost information to calculate their profit and assess their profitability. Depending on how companies account for changes in inventories, we distinguish "absorption costing" and "variable costing". In addition, some companies structure their income statement according to the "nature of expense method", while others structure it according to the "cost-of-sales method". We explain both methods and discuss their advantages and disadvantages....

Top reviews

MB

Oct 4, 2023

It is a very good course for those who are interested in learning very basic concepts of cost accounting...

NK

Mar 9, 2022

Even better than the first part "Product Costing". Especially enjoyed the quizzes in this one!

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1 - 16 of 16 Reviews for Cost Accounting: Profit and Loss Calculation

By Victor F

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Mar 10, 2022

I booked the course mainly because I needed it for my new job. After completing it, I can only recommend it. With time, it's even really fun. The lessons are easy to understand but still challenging. Good exercices to test your new gained knowledge.

By KATIKA M

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Apr 7, 2023

I had enrolled in the cost accounting course in that the profit and loss calculation is one of the part . All the videos and assignments are very good and very understandable to learn ,study .I really enjoyed a lot in learning this course.

By Niklas K

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Mar 10, 2022

Even better than the first part "Product Costing". Especially enjoyed the quizzes in this one!

By Neha A

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Jun 4, 2022

Excelkent Course

By Adnan A K N

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Nov 19, 2023

"Cost Accounting: Profit and Loss Calculation" is a valuable course for individuals seeking a comprehensive understanding of cost accounting principles as they relate to profit determination. The instructor's expertise and the well-designed course content make it beneficial for students pursuing careers in accounting, finance, or related fields.

By thabiso j

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Jun 16, 2023

Coursera is the best online learning platform . I have just completed a course in Cost Accounting and I really enjoyed it. I leaned a lot of methods and skills that I will apply on my career and also in my personal businesses. I would recommend it to anyone who wants to learn new and valuable skills.

By Majid B

•

Oct 5, 2023

It is a very good course for those who are interested in learning very basic concepts of cost accounting...

By Silvy S

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Nov 1, 2023

It's a great course with concise explanation and examples.

By majideh t

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Dec 18, 2023

Thank you for giving me the opportunity to learn for free

By M. D A

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Oct 27, 2024

I hope I can get certificate

By Singh R

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Jul 2, 2024

excellent

By ENJAM N

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Nov 7, 2022

Excellent

By mahmoud k

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Oct 15, 2023

good

By Marite V

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Dec 11, 2023

,

By KADIRI S S R

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Apr 23, 2023

this is a very nice course

By KASETTY H V

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Dec 3, 2022

Good