Courses

Certificate in Cost and Management Policy

$300.00

  • To introduce the theoretical conceptsof cost and management accounting
  • To describe the basic concepts and processes of material, labour and overhead cost
  • To explain the various types of costing and budgeting
  • To develop the practical knowledge and skills in various modern cost and management accounting
  • To enable the business decision making skills based on the cost details and statements
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  • 3 Months
  • Certificate of Completion

Description

Learning this course will enable you to understand the scope and objectives of cost and management accounting, components of direct and indirect costs, cost recording and advanced methods of costing systems.

Career prospects

On successful completion of the course, the learners will be able to understand theoretical aspects of cost and management accounting methods and interpret cost accounting records, and financial statement in business decision making. They can get employment opportunities in accounting and auditing firms, government organisations, taxation department etc.

Learning Outcome

Upon successful completion of the program students will be able to:

  • Analyse and interpret management information and to make decisions based on the information available
  • Interpret the financial data utilizing various cost statements
  • Apply the theoretical aspects of cost and management accounting methods
  • Explain about the Marginal, Absorption & Standard Costing

Apply Cost Audit and Cost Accounting Records, and Financial Statement in business decision making.

Curriculum

  • Module 1: Introduction and Material Cost
  • Module 2: Labour and Overhead Cost
  • Module 3: Techniques of Cost Analysis and Control
  • Module 4: Cost Audit, Financial Statement Analysis and Accounting Methods

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