COST ACCOUNTING

Description

Welcome to the Cost Accounting Course! This comprehensive program is designed to provide you with a deep understanding of cost accounting principles and their practical applications in business settings.

Cost accounting plays a crucial role in managerial decision-making, cost control, and performance evaluation within organizations. Throughout this course, you will embark on a journey to explore various aspects of cost accounting, from its fundamental concepts to advanced techniques used for decision-making and performance evaluation.

Whether you're a student looking to build a solid foundation in cost accounting, a professional seeking to enhance your analytical skills, or an entrepreneur aiming to optimize your business operations, this course offers valuable insights and practical knowledge to help you succeed.

This course includes:

• 16+ hours of on-demand video
• One year access / Unlimited Access
• Unlimited Access, Anytime, on mobile and TV
• Certificate of completion

Core Coverage: Basics of Cost Accounting, Cost Terms and Purpose, Cost Volume Profit Analysis, Types of Costing, Job Costing, Batch Costing, Activity Based Costing, Cost Allocation and Analysis, Profitability Analysis, Decision Making using Marginal Costing, Process Costing, Joint Product and By Product

Fundamentals of Cost Accounting

• Cost Accounting:01 - Fundamentals of Cost Accounting: This module lays the groundwork by introducing participants to the basic principles and concepts of cost accounting. Topics covered include cost classification, cost behavior, cost-volume-profit analysis, and cost allocation methods.
• Cost Accounting:02 - Advanced Cost Accounting: Building upon the fundamentals, this module delves into more advanced topics in cost accounting. Participants will explore concepts such as activity-based costing (ABC), standard costing, and variance analysis to gain deeper insights into cost management and performance evaluation.
• Cost Accounting:03 - Cost Analysis and Decision Making: In this module, participants will learn how to use cost analysis techniques to support decision-making processes within organizations. Topics covered include relevant costing, make-or-buy decisions, pricing strategies, and capital budgeting.
• Cost Accounting:04 - Costing Methods for Production: This module focuses on costing methods specifically tailored for production environments. Participants will learn about process costing, job costing, and activity-based costing as they apply to manufacturing processes.
• Cost Accounting:05 - Specialized Topics in Cost Accounting: The final module explores specialized topics and emerging trends in cost accounting. Participants will delve into areas such as environmental costing, lean accounting, and strategic cost management to understand how cost accounting principles can be applied in evolving business contexts.