Accurately measure and control costs and provide an effective basis for decision making by learning about the different types of costing systems available.
Overview
Discover the different types of costing systems available. They 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
- Develop a realistic and practical 'return to work' implementation plan
This course consists of one online course and one online assessment.
Objectives
- Calculate costs for activity-based costing, job costing, process costing and standard costing systems
- Apply costing techniques for supporting decisions, including pricing and project selection
- Undertake variance analysis using a variety of tools and calculations
- Examine practical issues related to estimating and controlling costs
- Develop a realistic and practical 'return to work' implementation plan
Audience
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.
