Celebrating 25 years serving our friends and customers!
Cost Management: Accounting & ControlCode: 24-MGMT
Add to Cart
Course Details
338 pages
Course description and objectives:
Cost Management: Accounting and Control covers the managerial use of accounting, financial, and operating data for planning, control, and decision making. Emphasis is placed on how to manage costs strategically in order to be globally competitive. The course is designed for managers and entrepreneurs who seek continuous improvement (CI) strategies. Topics include analysis of costs; job order and process costing; break-even and contribution analysis; activity-based costing (ABC); balanced scorecard, cost allocation; responsibility accounting; budget for profit planning; short-term decisions; capital budgeting; quality costs and total quality management (TQM); inventory management and just in time (JIT). |
Major Topics:
-
Introduction to Cost Management
-
Cost Classifications, Terminology, and Profit Concepts
-
Cost Accounting Systems - Job Order Costing
-
Activity-Based Costing
-
Cost‑Volume‑Profit Analysis
-
Analysis of Cost Behavior
-
Budgeting for Profit Planning
-
Responsibility Accounting, Standard Costs, and Variances
-
Control of Profit Centers
-
Performance Measurement, Balanced Scorecard, and Transfer Pricing
-
Non-routine Decisions and Life-Cycle and Target Costing
-
Capital Budgeting
-
Capital Budgeting and Income Taxes
-
Process Costing, Cost Allocation, and Joint Product Costing
-
Total Quality Management and Quality Costs
-
Inventory Management and Just-in-Time
Presentation Method: QAS Self-Study
Category: Accounting
CPE credit: 13 Hours
Program Level: Update
Prerequisites: None
Advance Preparation: None
Exam expiration date: Participants must submit exams for grading within one year from the date of purchase