Certified Cost & Management Accounting Professional

NAME OF THE COURSE
Cost & Management Accounting
 
CERTIFICATION
Certified Cost & Management Accounting Professional
 
COURSE OVERVIEW
A company cannot plan unless it understands its costs. By understanding the various facets of the cost accounting process, managers and executives will be able to create an efficient cost analysis system to better control and measure an enterprise’s business functions and bottom line. Cost and Management Accountancy Course is a professional course, 
 
 
TRAINING DURATION
Total Training Hours : 22 Hours
Training Duration      : 1 Week
Total Training  Days  : 4-5 Working Days
 
TRAINING SCHEDULE
Weekdays (Sunday to Thursday)
Regular Sessions : 4 – 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm)
Food & refreshments Included
Weekends (Friday & Saturday)
Fast Track Sessions: 8 Hours per day (9am to 5pm)
Food & refreshments Included
 
CERTIFICATION
Globally recognized certificate from “Kings Global Career Academy”
 
TEST
No
 
LEARNING AIDS
Yes
 
COURSE MATERIAL
Hard & Soft Copies of Study Material
 
LANGUAGE OF INSTRUCTION
English
 
INSTRUCTOR HELPLINE
Yes
1. Email
2. Social Media (For Emergency requirements)
 
REGISTRATION REQUIREMENTS
1. Passport Copy
2. Curriculum Vitae
3. Passport size photographs
4. Course Fee
 
MODE OF PAYMENT
Cash / Cheque / Credit Card / Bank Transfer.
 
ELIGIBILITY
  • Graduate Students
  • Mid-Level Managers / Senior Managers
  • Managers and Executives who do not work in accounting but who need to know how basic accounting work and apply accounting-related techniques when making business decisions.
 
COURSE BENEFITS
  • To create an efficient cost analysis system
 
  • To better control and measure an enterprise’s business functions and bottom line
 
  • FinTech and the Transformation in Financial Services
  • FinTech essentials
  • Money and payments
  • Payment systems
  • Lending and crowdfunding”
  • Business Development Executives
 
COURSE CONTENTS
 
1.  OVERVIEW OF COST & MANAGEMENT ACCOUNTING
 
  • Differences between financial accounting and management accounting
  • Differences between marginal costing and absorption costing
  • Concepts of relevant costs; benefits of standard costing and budgetary control
 
2.  BUDGETING AND VARIANCE ANALYSIS
 
  • Interpretation, investigation, and limitations: Labour and materials
 
3.  COST VOLUME PROFIT (BREAK EVEN) ANALYSIS
 
  • Cost behaviour
  • Fixed costs
  • Variable costs
  • Semi-variable costs
  • Break-even analysis
  • Contribution
  • Margin of safety 
 
4.  SHORT TERM DECISION MAKING
 
Decision criteria, applications
 
  • acceptance of special contracts
  • most efficient use of scarce resources
  • make-or-buy decisions
  • closing or continuance of a section or product
 
5.  ACTIVITY BASED COSTING”