This course covers the principles of cost accounting and the role of budgeting in financial planning. Participants will learn how to allocate costs, develop budgets, and analyze variances. The course also explores different costing methods and their applications in various business contexts.
Participants will learn about various cost accounting methods, including job order costing, process costing, and activity-based costing. The course also covers the development and implementation of budgets, variance analysis, and the use of budgeting as a tool for strategic planning and performance management. Through a combination of theoretical concepts and practical applications, students will gain the skills necessary to design effective cost control systems and drive financial efficiency within their organizations.
