Management >> Costing Finance and Accounting

Manufacturing Cost Accounting

MF200

Location

Duration

Date

Fee inclusive of VAT

Course Overview

The cost accounting course is aimed at providing participants with the knowledge needed to raise their awareness with regards to the importance of industrial cost accounting, as well as to the importance and objectives of the cost accounting in order to enable them to categorize and determine the types of costs, calculate and analyze costs, differentiate between the traditional and modern cost accounting systems, manage and analyze costs analysis to make proper decisions, analyze the contribution margin, and manage and improve performance by learning about the Japanese philosophy of Kaizen; as the course covers the following topics: introduction to cost accounting, production and costs, costs elements assignment, costs categories and types, traditional cost accounting systems, modern cost accounting systems, costs analysis and decision making, cost management, theory of constraints and throughput contribution analysis, the Japanese philosophy of Kaizen, and cost auditing.

Course Objective

  • Introduce participants to the principles and concepts related to the industrial cost accounting, as well as to the importance and objectives of the cost accounting.
  • Learn how to categorize and determine the types of costs, calculate and analyze costs.
  • Introduce participants to the traditional and modern cost accounting systems.
  • Learn about cost management and costs analysis for the decision making process.
  • Introduce participants to the theory of constraints and throughput contribution analysis.
  • Introduce participants to the Japanese philosophy of Kaizen to improve and manage performance.

Who Should Attend?

Accounting Technicians, book-keepers, and busines owners who are engaged in a Manufacturing organization.

Course Outline

  • Introduction to Cost Accounting
  • Production and Costs
  • Costs Elements Assignment
  • Costs Categories and Types
  • Traditional Cost Accounting Systems
  • Modern Cost Accounting Systems
  • Costs Analysis and Decision Making
  • Cost Management
  • Theory of Constraints and Throughput Contribution Analysis
  • Japanese Philosophy of Kaizen
  • Cost Auditing

Training Methodology

  • Presentation & Slides
  • Audio Visual Aids
  • Interactive Discussion
  • Participatory Exercise
  • Action Learning
  • Class Activities
  • Case Studies
  • Workshops
  • Simulation

Terms & Conditions

ACTrain reserves the right to alter the Course Schedule without Prior Notification, Fees Quoted are Subject to Terms & Conditions Outlined in ACTrain's Registration Policy

Upcoming Courses

Administrative Secretarial & Office Ma

In this course you will learn the essential tools and techniques in A

Read more

Advanced Management and Leadership Exc

This course is designed to enable participants to: Practical leadersh

Read more

Goal Setting, Planning and Decision Ma

Our Goal Setting and Getting Things Done workshop will cover strategi

Read more

Executive Assistance Skills

Although managers are becoming more and more autonomous with the curr

Read more

Warehouse Operations and Management

In this course we will provide the participants how to plan and contr

Read more

Executive Assistance Skills

Although managers are becoming more and more autonomous with the curr

Read more

Budgeting, Planning & Management Repor

Budgeting lies at the heart of business management, yet businesses of

Read more

Introduction to Project Management

Transportation activities can account for over 70% of an organization

Read more