Cost Accounting

Main Topics of Study:

Introduction & Materials

  • What is Costing?
  • Framework
  • Classification & Coding
  • Purchasing, Reception & Storage
  • Stock Recording & Inventory Control
  • Pricing Issues & Stock

Labour & Overheads

  • Remuneration Methods
  • Recording, Costing & Allied Procedures
  • Overheads
  • Cost Accounts

Costing Methods

  • Introduction
  • Job & Batch
  • Contract
  • Operation & Service
  • Process
  • Joint & By-Product

Planning, Control & Decision Making

  • Cost Behaviour
  • Marginal & Absorption Costing
  • Short Run Decision Making
  • B E Analysis
  • Capital Investment Appraisal

Budgets & Standards

  • Budgets
  • Introduction to Standards
  • Material, Labour & Overhead Variances
  • Sales & Standard Marginal Costs Variances
  • Activity-Based Costing