Certificate in Cost Accountancy
- Offered byVSkills
Certificate in Cost Accountancy at VSkills Overview
Duration | 15 hours |
Total fee | ₹3,499 |
Mode of learning | Online |
Credential | Certificate |
Future job roles | Audacity, Senior Manager Finance & Accounts , Customer Relationship, Asset Allocation, Business Development |
Certificate in Cost Accountancy at VSkills Highlights
- Earn a certificate of completion from Vskills
- Get Lifelong e-learning access
Certificate in Cost Accountancy at VSkills Course details
- For anyone who aspires to make a career in finance and entrepreneurship.
- Cost and Management Accounting
- Material Cost
- Labour Cost
- Direct Expenses and Overheads
- Activity Based Costing
- Cost records
- Costing systems
- Marginal Costing
- Standard Costing
- Budget, Budgeting and Budgetary Control
- Cost Accounting Records and Cost Audit
- Analysis and Interpretation of Financial Statements
- This certification will teach candidates how to find the factors affecting the profits in a business
- You will be able to understand the importance of Cost Control & Cost reduction to improve the profits
- The certification will test the candidates on various areas in cost concepts and classification, materials, labour costs, overheads analysis, job order costing, single costing, marginal costing and cost-volume-profit analysis
- Companies specializing in finance or manufacturing are constantly hiring skilled cost accountants
Certificate in Cost Accountancy at VSkills Curriculum
Introduction to Cost and Management Accounting
Concepts of Cost
Costing, Cost Accounting and Cost Accountancy
Objectives of Cost Accounting
Importance of Cost Accounting
Scope of Cost Accounting
Classification of Costs
Cost Centre and Cost Unit
Methods of Costing
Techniques of Costing
Installation of a Costing System
Difference between Financial Accounting and Cost Accounting
Difference between Financial Accounting and Management Accounting
Material Cost
Inventory Control (Material Control)
Objectives of Inventory Control
Techniques of Inventory Control
Store-Keeping
Functions of Store-Keeping
Method of Pricing of Material Issues
Accounting of Material Losses
Control of Material Losses
Inventory Management
Labour Cost
Introduction to Labour Cost
Classification of Labour Cost
Accounting and Control of Labour Cost
Time Recording
Time-Keeping
Time Keeping
Overtime
Idle Time
Labour Turnover
Labour Remuneration System
Basic Methods of Remuneration System
Incentive schemes
Direct Expenses and Overheads
Direct expenses
Indirect expenses
Overheads
Collection of Overheads
Classification of Overheads
Allocation and apportionment of overheads (depart-metallization of overheads)
Allocation of Overheads
Apportionment of Overheads
Absorption of overheads
Methods of Absorbing Production Overheads
Over or Under Absorption Of Overheads
Treatment of Factory Overheads
Treatment of Administrative Overheads
Treatment of Selling And Distribution Overheads
Control of Overheads
Preparation of Cost Sheet
Activity Based Costing
Introduction
Meaning of Activity Based Costing
Basics of Activity Based Costing
Distinction Between Traditional Absorption Costing and Activity Based Costing
Objectives of Activity Based Costing
Terminology of Activity Based Costing
Stages in Developing Activity Based Costing System
Different Types of Activities
Cost Records
Introduction
Non-Integrated Accounting System
Advantages of Non-Integrated Accounting
Limitations of Non-Integrated Accounting
Integrated (Integral) Accounting System
Need For Reconciliation
Causes of Differences
Preparation of Reconciliation Statement or Memorandum Reconciliation Account
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Certificate in Cost Accountancy at VSkills Students Ratings & Reviews
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