Costing and Accounting
Course
Online
*Indicative price
Original amount in USD:
$ 68
Description
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Type
Course
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Level
Intermediate
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Methodology
Online
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Duration
Flexible
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Start date
Different dates available
Understand how the three financial statements: balance sheet, income statement and cash flow statement evolve from accounting data.
Facilities
Location
Start date
Start date
About this course
Understand six key accounting concepts: income, expense, asset, liability, inflow and outflow.
Understand how the three financial statements: balance sheet, income statement and cash flow statement evolve from accounting data.
Deal with cost data confidently which is an essential part of any business activity and anyone who is a part of a business must understand it in the right way.
This course provides you that learning in a business context and helps you easily master various cost concepts with real life data.
Appreciate what can go wrong in costing process and its implications.
Understand the role of variable and fixed costs on break-even point and margin of safety for a business.
Appreciate how budgeting can be best used as a tool for cost control.
Understand principles of cost management and cost reduction.
Understand six key accounting concepts: income, expense, asset, liability, inflow and outflow.
Understand how the three financial statements: balance sheet, income statement and cash flow statement evolve from accounting data.
Deal with cost data confidently which is an essential part of any business activity and anyone who is a part of a business must understand it in the right way.
This course provides you that learning in a business context and helps you easily master various cost concepts with real life data.
Appreciate what can go wrong in costing process and its implications.
Understand the role of variable and fixed costs on break-even point and margin of safety for a business.
Appreciate how budgeting can be best used as a tool for cost control.
Understand principles of cost management and cost reduction.
Reviews
Subjects
- Financial Training
- Cash Flow
- Balance Sheet
- Financial
- Liability
- Financing Strategy
- Indirect Financing
- Structures of Business
- Accounting Process
- Deferred Taxes
- Inflows & Outflows
- Costing Process
Teachers and trainers (1)
Name Name
Teacher
Course programme
- Vijay’s discovery - Protagonist & Storyline
- Introduction Business framework for Vijay’s venture
- The Significance of Money
- Classifying Resources
- Raising finance for Vijay’s venture
- The Concept of Liability
- The Concept of Assets Indirect Financing
- The Financing Strategy
- The Legal Structures of Business
- The Financial Year
- The Traditional Accounting Process
- The Concept of Income
- The Concept of Expenses
- The Concept of Depreciation
- The Concept of Deferred Taxes
- The Concept of Inflows & Outflows
- Classifying Financial Information
- Assets & Liabilities
- Financial Statements
- The Profit & Loss Account
- The Cash Flow Statement
- The Balance Sheet
- Constructing financial Statements
- “Accounto Tsar” - This game helps the learner to consolidate the understanding about the six categories of financial information, the three financial statements and the learner would experience how the financial statement evolve from raw accounting data.
- Introduction to Costs
- Classification of Cost
- Cost Centers
- The Costing Process
- Activity Based Costing
- Fixed and Variable Costs
- Marginal Cost & Contribution
- The Contribution Income Statement
- Break-even Point and Margin of Safety
- Cost Management
- The Budgeting System
- Cost Reduction
Additional information
PROGRAM HIGHLIGHTS
Six key accounting conceptsMaster the three financial statementsRole of variable and fixed costs
Costing and Accounting
*Indicative price
Original amount in USD:
$ 68
