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SK01: Skills and Knowledge Course 1 - Cost

CEU: 0.9
PDH: 9

No textbook is required for this course.Once your registration is received, the instructor will be notified of your enrollment within one business day, and as soon as your account is set up in the online learning system, you will receive login instructions from the instructor.

Due to the importance of the term the basic ‘anatomy’ of costing is discussed in this course. By dissecting how cost is organized, categorized and what makes up its parts, as relates to activities and/or assets, a solid knowledge foundation is laid for the succeeding courses that build upon it. Upon completion of this course, the participant will be able to, without reference:

  • Understand what makes up cost—i.e. the basic resources (material, labor, etc.) that are needed to perform an activity or create an asset.
  • Understand the distinction between cost elements that are directly applied to an asset and those that are indirectly applied.
  • Relate the cost elements to the life cycle of the asset: acquisition, use, and disposal.
  • Use the understanding of cost elements to further understand how cost is measured, applied, and recorded to arrive at the total activity and/or asset cost.
  • Apply the knowledge gained to solve problems related to cost element source and definition.

Withdrawals and Refunds
You may withdraw from this course by sending an email to education@aacei.org requesting to be dropped from the course. Failing to participate in a course after registering and paying the fee does not constitute officially dropping or withdrawing from a course or courses. Refunds are not automatic. No Refunds are due unless the course is officially dropped within stated guidelines in the refund schedule.

Refund Schedule
Refund requested after the second day and no later than seven days after the first day of class will be refunded 60% of the fee, after which time there is no refund.
a.All withdrawals must be submitted by email. Withdrawal received before the second day of enrollment: total fee less a $400 cancellation fee for enrollment in the series (seven courses), and total fee less $100 for enrollment in each individual course (less than seven courses).
b.Refund requested after the second day and no later than seven days after the first day of class will be refunded 60% of the fee, after which time there is no refund.