Training package In INDUSTRIAL COST ACCOUNTING – Material Drive

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Description

The
objective of the Industrial Cost Accounting course is to provide participants
with sufficient knowledge to raise awareness of the importance of applying cost
accounting and cost accounting objectives, and to enable them to classify and
classify cost elements for costing and analysis purposes, distinguishing
traditional and modern systems of cost accounting, cost management and cost
analysis for approval purposes. , In addition to analysis of constraints and
real profit margin. The course covers the following topics: Cost concepts,
Cost-Affordability of the Production Pattern, Cost Component Allocation, Cost
Element Classification and Classification for Cost Calculation and Analysis,
Traditional Cost Accounting Systems, Modern Cost Systems, Cost Analysis for
Decision Making, Cost Management The real, Japanese experience to improve
performance – Kaizen, cost control
.

What Will I Learn?

  • To introduce participants to cost concepts and the importance of applying cost accounting system and cost accounting objectives.
  • Identify how cost elements are classified and disaggregated for cost calculation and analysis purposes.
  • Participants are introduced to traditional cost accounting systems as well as modern cost systems.
  • Learn how to manage cost as well as cost analysis for approval purposes.
  • Define participants' theory of constraints and analyze real profit margins.

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