Certificate in Cost Management
Our course in cost management will give you knowledge of how to prepare budgets and enforce them during projects you or your company may undertake. It teaches how to excellently manage teams, quantities, products, and timescales, including when planning for processes, activities, and supporting products and departments. This certificate creates a highly desirable set of skills that mean you can accurately predict how much a project will cost and stay within the parameters set.
Modules
• Introduction to Cost Management
• Basic Cost Management Concepts
• Cost Behaviour
• Activity-based Costing
• Product and Service Costing—A process systems approach
• Product and Service Costing—Job order system
• Allocating Costs of Support Department and Joint Products
• Budgeting for Planning and Control
• Standard Costing- Functional Based Control Function
• Decentralization—Responsibility accounting performance evaluation and transfer pricing.