| COURSE : CERTIFIED COST AND MANAGEMENT ACCOUNTING PROFESSIONAL | |
|---|---|
| Course Overview | A company cannot plan unless it understands its costs. By understanding the various facets of the cost accounting process, managers and executives will be able to create an efficient cost analysis system to better control and measure an enterprise's business functions and bottom line. Cost and Management Accountancy Course is a professional course, offered by Laurels Institute Dubai, in association with KHDA and American Institute of Professional Studies. The course remains a better option for the students to secure higher level jobs that too at far lower costs |
| Training Duration | Total Training Hours : 30 Hours Training Duration : 1 Week Total Training Days : 5 Working Days |
| Training Schedules | Weekdays (Sunday to Thursday) Regular Sessions : 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm) Food & refreshments Included WeekEnds (Friday & Saturday) Fast Track Sessions: 8 Hours per day (9am to 5pm) Food & refreshments Included |
| Certifications: | 1) Certificate from Laurels Training Institute, Attested by Knowledge & Human Development Authority (KHDA) government of Dubai, UAE OPTIONAL 2) Certificate from American Institute of Professional Studies (AIPS) from USA (After 15 Days of course Completion which will couriered to the attendees office address) |
| Tests | Yes |
| Learning Aids | Yes |
| Course Material | Hard & Soft Copies of Study Material |
| Language of Instruction | English |
| Instructor Helpline | Yes 1. Email 2. Social Media (For Emergency requirements) |
| Registration Requirements | 1. Passport Copy 2. Curriculum Vitae 3. Passport size photographs 4. Course Fee |
| Mode of Payment: | Cash / Cheque / Credit Card / Bank Transfer. |
| Eligibility Criteria (Who should attend this training) | Graduate Students Mid-Level Managers / Senior Managers Managers and Executives who do not work in accounting but who need to know how basic accounting work and apply accounting related techniques when making business decisions. |
| Course Benefits | 1. To create an efficient cost analysis system 2. To better control and measure an enterprise’s business functions and bottom line |
| Course Contents / Outline | 1. OVERVIEW OF COST & MANAGEMENT ACCOUNTING - Differences between financial accounting and management accounting - Differences between marginal costing and absorption costing - Concepts of relevant costs; benefits of standard costing and budgetary control
2. BUDGETING AND VARIANCE ANALYSIS - Interpretation, investigation, and limitations: Labour and materials
3. COST VOLUME PROFIT (BREAK EVEN) ANALYSIS - Cost behaviour - Fixed costs - Variable costs - Semi-variable costs - Break even analysis - Contribution - Margin of safety
4. SHORT TERM DECISION MAKING - Decision criteria, applications (a) acceptance of special contracts (b) most efficient use of scarce resources (c) make-or-buy decisions (d) closing or continuance of a section or product
5. ACTIVITY BASED COSTING" |