Peter Schaefer

Dr. Peter Schaefer is an Assistant Professor at the Technical University of Munich (TUM), where he specializes in cost accounting and management. He teaches several online courses on Coursera, including Basics of Cost Accounting: Product Costing, Cost Accounting: Decision Making, and Cost Accounting: Profit and Loss Calculation. These courses are designed to provide learners with a comprehensive understanding of cost accounting principles, enabling them to make informed business decisions based on accurate financial analysis.Dr. Schaefer's courses cover essential topics such as product costing methods, profit calculation techniques, and the application of cost information in managerial decision-making. His teaching emphasizes the importance of understanding cost structures to enhance organizational efficiency and profitability.