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Overview
This course introduces the different types of costing systems available. These are essential for accurately measuring and controlling costs, and provide the basis for effective decision making in an organisation.
Key topics
- Costing systems
- Costing for specific decisions
- Estimating and controlling costs
This course consists of one online course, one downloadable PDF learning manual and one online assessment.
What you'll learn
- Calculate costs for activity-based costing, job costing, process costing and standard costing systems
- Examine practical issues related to costing systems
- Apply costing techniques for supporting decisions, including pricing and project selection
- Examine practical issues related to costing for specific decisions
- Develop a realistic and practical ‘return to work’ Implementation plan
- Outline the main methods for estimating costs for budgeting purposes
- Undertake variance analysis using a variety of tools and calculations
- Employ formal cost management techniques to control costs
- Examine practical issues related to estimating and controlling costs
Who is this for ?
This online course is designed for people working in corporate entities, small to medium enterprises and not-for-profits, in areas such as management accounting, financial management and financial control.
