Certificate In Cost & Management Accounting

As we are aware, financial accounting is recording and analyze the past events. Cost and Management accounting has become most important measurement in this recent global business world as it will become an important planning tool for organization for continuing profitability, expanding and sustainability in business.

Participants are advice to have basic cost accounting knowledge for better benefits when decided to enroll, as it would be the extension of cost Accounting program. This program will enable participants to understand of what is costing method to adopt for decision making and budgeting process. Working capital management, long term and short term decision making process.

Course Outcomes:

At the end of the course, participants will be able to:

• Understand the benefits of production or services planning, inventory management and control
• Short term decision making decision where contribution, breakeven analyze and margin safety level.
• Understanding what is overheads and type of overheads in costing and planning.
• Understanding of budgeting, at types of budgeting and preparations.
• Comparing the Actual versus budgeted (variances), and the decision making
• Preparing the working management analyze such as cash budgeting and operating cash sysle
• Management Information System and it importance