| Author |
|
petals
Newbie
Joined: 24 Oct 2010
Online Status: Offline
Posts: 28
|
| Posted: 23 May 2011 at 15:08 | IP Logged
|
|
|
At the community college where I'm taking accounting classes right now, these 2 are separate courses. From what I hear, Cost covers the same material but is more detailed? Is that true? I am eligible to sit for the exam and have taken Managerial but not Cost. Without having taken Cost, will there be materials on the test that will be completely unfamiliar to me and as a result put me at a great disadvantage? Any insight will be helpful. Thank you.
|
| Back to Top |
|
| |
MonicaFL
Newbie
Joined: 03 Jun 2011
Online Status: Offline
Posts: 15
|
| Posted: 03 Jun 2011 at 23:59 | IP Logged
|
|
|
Yes, cost accounting is much more detailed than managerial accounting. Usually managerial is a lower level class (like 2000 level) while cost at my university and another was in the 4000 level.
There will probably be some information you are unfamiliar with (like ABC...I didn't get that in managerial or detailed cost pool analysis). Just make sure you put extra time into those topics. Also, make sure you are very comfortable with variances. They are difficult (at least they were to me) so anything difficult the CPA exam may see as a hot topic (YMMV).
__________________
FAR Q4 2010 PASSED
REG Q1 2011 PASSED
BEC Q1 2011 PASSED
AUD Q3 2011 Scheduled.
|
| Back to Top |
|
| |
petals
Newbie
Joined: 24 Oct 2010
Online Status: Offline
Posts: 28
|
| Posted: 04 Jun 2011 at 10:36 | IP Logged
|
|
|
Hi. Thanks for the input but what does YMMV mean?
MonicaFL wrote:
They are difficult (at least they were to me) so anything difficult the CPA exam may see as a hot topic (YMMV).
|
|
|
|
| Back to Top |
|
| |
MonicaFL
Newbie
Joined: 03 Jun 2011
Online Status: Offline
Posts: 15
|
| Posted: 04 Jun 2011 at 22:14 | IP Logged
|
|
|
Your mileage may vary :)
I don't want to say what I think would be a good topic to be tested on since I don't write the exams. But I do think anything difficult is even more fair game than the simpler topics. Again, just my opinion...who knows what they may actually test. It's kind of a crap shoot.
__________________
FAR Q4 2010 PASSED
REG Q1 2011 PASSED
BEC Q1 2011 PASSED
AUD Q3 2011 Scheduled.
|
| Back to Top |
|
| |
Active Topics 
Memberlist 
Search 
Help
Register 
Login
Topic: Managerial vs. Cost Accounting in School?
Topic Closed)
