Cost Accounting Training Bundle

Cost Accounting Training Bundle

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Bundle Description

          Cost Accounting Bundle is the study of internal financial information that can influence decision-making. Students will find this course bundle to be more challenging. Businesses crash due to unregulated prices, not a shortage of sales. It is important to first consider the costs before attempting to regulate them. Items, procedures, programs, organizations, and operations all have costs. Costing is one of the most important and fundamental knowledge areas in any business.  The ultimate objective of any business is supposed to be profitable and certainly, profit is a function of cost.  The success of a business does not solely depend on its revenue but also more importantly on how a business manages its costs. We created the course to be a great complement for those taking Managerial/Management Accounting in college or university. We’ll take you through the theory step by step, with examples and questions to keep you interested.

Bundle Features

Cost Optimization

Cost Optimization is the study of internal financial information that can influence decision-making. It’s the Financial Accounting follow-up course, which can prove more challenging for learners. For those taking Managerial/Management Accounting at university or college, we built the course to serve as a great compliment. We will walk you through the theory, including examples. We will describe an outline of the process costs. In a process cost method, we will address the flow of inventory costs and monitor the process of raw material-related costs, which then flow to work in process and factory overhead, to finished products, and eventually are expensed in the form of the cost of goods sold.

Course Duration : 1 Hour 10 Minutes

Financial Accounting Inventory

This module is an excellent course for beginners as well as intermediate learners. We begin from the basics and systematically work through financial accounting topics all the way through. Since theory and principles are what accounting is, we will discuss accounting theory. We need to study theory so that in the real world we can make suitable changes. Without knowing the theory, studying procedures would make us inflexible and unable to adjust to the ever-changing environment. As we apply them to systems, we will understand the principle. In format, financial accounting is relatively structured. In other words, most accounting institutions, mostly in almost the same order, would cover a lot of the same subjects.

Course Duration : 1 Hour 10 Minutes

Financial Management Cost of Capital

This is an excellent course for people who want to develop their financial management skills. Analyzing spending patterns, setting specific financial targets, learning various budgeting options, debating debt reduction options, and having a perspective on investment options are all discussed in this course. This course will cover Financial Management Cost of Capital in detail, including Concepts, Hypotheses, and Examples. This course is built for students who want to study the cost of capital for a career in finance. Each of these topics contributes to laying a solid foundation for sound financial management.

Course Duration : 1 Hour 10 Minutes

Life Cycle of Costing

Life cycle of costing is a method that records and accumulates the real costs and profits attributable to a cost item. This will mean monitoring costs and sales on a product-by-product basis. In any sector, costing is one of the most critical and fundamental knowledge fields. Profit is supposed to be the primary aim of every company, and profit is unquestionably a feature of cost. A company’s success is measured not only by its sales but, more importantly, by how it handles its costs. Businesses struggle due to unregulated prices, not a lack of sales. It is important to first consider the costs before attempting to regulate them.

Course Duration : 1 Hour

Course Reviews

Priya
Priya
This video lectures are extremely beneficial and essential for learning VLookup function. It aids in the development of the basic concept and teaches you a great deal about Microsoft Excel.
Richard Fenwick
Richard Fenwick
This course is a perfect step-by-step tutorial, and the teacher uses his time to illustrate the steps and why he is showing them. I enjoy the instructor's explanations on each and every detail.
Vikrant Rao
Vikrant Rao
This course was exceptionally well-taught by the lecturer. This course taught me invaluable lessons. Thanks to EDUOLC.

Certificate of Completion

Course Certificate Sample

Course Highlights

In this section we will discuss operating income which is an accounting figure that measures the amount of profit realized from a business’s operations, after deducting operating expenses such as wages, depreciation, and cost of goods sold.

In this topic we will see the cost driver that derives the expenses and sets a basis on which a particular cost is to be allocated.

Here we will see the strategies of cost drivers which is based on the belief that activities cause costs and therefore a link should be established between activities and product.

In this section let us see the method of calculating the cost of a product or enterprise by taking into account indirect expenses as well as direct costs.

In this topic we will see Variable costing which is a term used in management and cost accounting in which the fixed overhead of production is removed from the cost of production of the product.

Let’s see in this section Product costing that are used when a corporation has a production process from which finished goods are separated at a later stage of manufacturing.

In this topic we will see Variable costing which is a term used in management and cost accounting in which the fixed overhead of production is removed from the cost of production of the product.

In this section we will learn Net realizable value is the value of an asset, less a fair estimate of the costs associated with the actual selling or disposal of the asset, that can be realized upon the sale of the asset. NRV is a common approach used for determining the value of an asset for inventory accounting.

In this topic we will see the cost of a commodity which is measured using normal costing. This method measures a product’s real direct costs as well as a typical overhead rate.

In this section we will learn capacity which is incurred by a company in order to expand its business operations. In other words, these are expenses incurred by an organization to increase its capacity to conduct business operations.

Career Benefits of this Bundle

01
You will understand the strategies of cost drivers.
02
You will learn the common approach used for determining the value of an asset for inventory accounting.
03
You will learn the method of calculating the cost of a product or enterprise
04
You will learn NRV for determining the value of an asset.
05
You will understand the strategies of Financial Inventory.
06
You will learn the common approach used for determining the value of an asset for inventory accounting.
07
You will learn the method of calculating the cost of a product or enterprise.
08
You will learn NRV for determining the value of an asset.
09
You will understand the strategies of Cost of Capital.
10
You will learn the common approach used for determining the value of an asset for financial management.
11
You will learn the method of calculating the cost of a product or enterprise.

FAQ

Check out the course curriculum for more information about this rigorous course. In the online marketplace, you can never find a path of comparable worth.

Yes, this course will give you a head start toward a brilliant professional life.

This is the best Excel course because we’re giving away so much material that we know this Excel course can build a career on its own. If you are unsure, you should check out courses and see for yourself how valuable they are.

You can contact us on info@eduolc.com and our expert team will revert back.