Entrepreneurs often prefer to rely on instinct, making decisions based on what their gut reaction tells them. Sometimes, they are intuitively correct. However, they often end up in bankruptcy court due to misjudgments of facts that could have been avoided if they had done their figures. Large enterprises have separate cost accounting departments that are part of a company's controlling division. Cost accounting is a job that doesn't enjoy great popularity because it has the reputation of being highly complex and challenging to master. With this course, we prove that this is NOT the case.