| Course | ACCT 521 Advanced Cost Accounting (ACCT521) |
|---|---|
| Credit hours | 3 |
| Program | MS in Accounting |
| Length | 8 Module/Weeks, online |
| Weeks with written work | 5 of 8 |
| Samples on this site | 5 week sample papers |
| Sources | Liberty's 2026-2027 catalog and the published ACCT 521 course guide |
| Updated | October 2026 |
What ACCT 521 covers
Lanen, Anderson and Maher's Fundamentals of Cost Accounting is read two or three chapters a module/week with a presentation and a Connect Plus homework set, and three Connect Plus exams fall in Modules/Weeks 2, 5 and 8.
An ACCT 521 thread needs 300 words or more, and the two replies that answer classmates need 150 apiece. The individual paper of seven to ten pages, tables excluded, uses six or more accounting journal articles published within the last three years, the PowerPoint runs ten to twelve slides with speaker notes connecting a course topic to the student's workplace, and the group faith integration essay of 1,000 words cites at least two scholarly sources, including the textbook.
This course will examine the importance of analyzing and managing costs; activity-based management, process costing and cost allocation; planning and decisions making, and evaluating and managing performance. This course is designed primarily for accounting/finance majors who seek careers or are already employed in for profit corporations or not for profit organizations as public (such as CPAs) or private (such as controllers and/or CMAs or CFMs) accounting/business leaders in a fast changing, highly technically oriented society.
ACCT 521 week by week, with the sample for each
| Week | Written work in the course guide | Points | Sample |
|---|---|---|---|
| Week 1 | Discussion Board Forum 1 (Course Requirements Checklist, Class Introductions and Connect Plus Homework 1 also due) | 50 | Read the Week 1 sample |
| Week 2 | Connect Plus Homework 2 and Exam 1 only | No written paper this week | |
| Week 3 | Individual Paper (Connect Plus Homework 3 also due) | 150 | Read the Week 3 sample |
| Week 4 | Discussion Board Forum 2 (Connect Plus Homework 4 also due) | 50 | Read the Week 4 sample |
| Week 5 | Connect Plus Homework 5, Peer Evaluation 1 and Exam 2 only | No written paper this week | |
| Week 6 | Individual PowerPoint (Connect Plus Homework 6 and Peer Evaluation 2 also due) | 100 | Read the Week 6 sample |
| Week 7 | Group Faith Integration (Connect Plus Homework 7 and Peer Evaluation 3 also due) | 100 | Read the Week 7 sample |
| Week 8 | Connect Plus Homework 8 and Exam 3 only | No written paper this week |
Where ACCT 521 papers lose points
ACCT 521 work loses points when forum posts define a cost concept without applying it to an organization, when the individual paper cites older or non-accounting sources in place of the six recent journal articles, when the PowerPoint shows generic examples rather than the student's own workplace, and when group members do not contribute to the faith essay, which the peer evaluations reflect.
Using a ACCT 521 sample well
The samples work each cost concept through a composite organization, a hospital, a bakery, a parts plant, so that classifications, allocations and estimates can be shown with numbers. The paper sample draws only on accounting journal articles from 2023 to 2025 for its required sources, as the syllabus specifies.
ACCT 521 questions, answered
What textbook does ACCT 521 use?
Lanen, Anderson and Maher's Fundamentals of Cost Accounting, read from cost concepts and behavior through budgeting, variance analysis, transfer pricing and performance measurement.
What sources does the ACCT 521 individual paper require?
At least six accounting journal articles, all published within the last three years, in a paper of seven to ten pages, not counting tables or graphs, in current APA format.
What is the ACCT 521 Individual PowerPoint?
A presentation of about 12 minutes and 10 to 12 slides, with speaker notes, showing how a course topic connects to the student's workplace, citing sources less than three years old.
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