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Certification in Cost Accounting and Management

Certification in Cost Accounting and Management

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Certification in Cost Accounting and Management

Complete guide applicable to Cost accounting and Management and it’s different concepts

What you'll learn​

  • You will learn the key factors in Cost management and Accounting, Scope of cost accounting, its differentiation in between the financial accounting.
  • Role of cost accounting in accounting and Cost accounting system. Introduction to the Input and output costing.
  • Material Control which includes the FIFO method and LIFO method. Costing and control of labor. Introduction to Overheads and Behavior wise classification.
  • Learn about the marginal costing and Absorption costing, CVP analysis. PV Ratio, Break even point. Break even analysis.
  • Advantages of break-even analysis. Algebraic method. Variance Analysis and different types of the variance.
  • Learn about budgetary control and different types of the budgeting, benefits of Zero-based budgeting. Introduction to the management accounting.
  • Relationship of cost, financial and management accounting.
  • You will also learn about ratio analysis. Fund flow analysis and cash flow analysis.
  • Preparation of the cash flow statement, direct method and indirect method.
  • Discover how to get the knowledge of Introduction to recent development in cost management.
  • Activity based costing. Transfer pricing. Target costing. Tools and Techniques.


 

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