Certification in Cost Accounting and Management

Poison_tools · Oct 29, 2023

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.