Online Course in Cost and Management Accounting
Brief Description
The Online Course in Cost and Management Accounting is designed to help you better understand the overall costing process and how to effectively determine costs whether in private or public sector entities. As an essential component of financial management, you will gain requisite skills in using cost accounting to advise management on the most cost-effective structures for operative decision making. The course further covers topics of managing funds by means of budgets, the use of management accounting information to make informed and accountable decisions, traditional cost allocation versus activity-based costing, cost-volume-profit relations, as well as absorption, variable, job and process costing.
Learning Outcomes
After successfully completing this course, you will have a thorough understanding of the role and function of cost and management accounting in achieving the objectives of an organisation.
Course Content
- The purpose of cost and management accounting
- Introduction to cost accounting concepts and terminology
- Absorption costing and variable costing
- Job costing and process costing
- Traditional cost allocation versus activity-based costing
- Managing budgets (including cash budgets)
- Standard costs
- Cost-volume-profit relations
- Providing and interpreting financial information for decision making.
Entry Requirements
Prospective delegates should at least have a National Senior Certificate/Matric.
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Catalogue and Category:
Financial Management and Taxation
Who Should attend:
This course is ideal for you if you are an accounting official, individual from manufacturing company, also retail or service organisations who want to learn more about managing finances of their business departments.
Delivery Mode:
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