Training Course in Cost Accounting Essentials

Course Overview
The "Cost Accounting Essentials" course provides participants with a comprehensive understanding of the principles and practices that govern cost accounting. This program covers key topics such as Job costing procedures and process costing procedures, absorption costing techniques,  Equivalent units of production calculations, and direct costing techniques

Course Objectives
By the end of this course, participants will be able to:

• Understand the basic concepts and principles of cost accounting.
• Classify all inventory costs
• Create an inventory direct costing system
• Identify fixed manufacturing costs
• Apply fixed manufacturing costs to inventory
• Create a standard costing system and calculate variances
• Create an Activity Based Costing (ABC) system
• Use cost-volume-profit analysis to determine break-even points and margins of safety
• Use relevant costing models for production decisions

Course Outline

• Job costing procedures
• Process costing procedures
• Absorption costing techniques
• Equivalent units of production calculations
• Direct costing techniques
• Standard costing techniques
• ABC costing techniques
• Cost-volume-profit analysis
• Relevant costing techniques for future production decisions

Target Group
This course is designed to help manufacturing managers succeed. If you are responsible for the proper costing of inventory and for assessing manufactured product profitability, this is your course.

Program Cost

• 5-day program: €3700
• 10-day program: €6500

This course is available throughout the year on various dates. Participants can request specific dates to suit their availability, ensuring flexibility in attending the program.

Organizers
The Geneva Institute of Business Management organizes this course in partnership with leading European institutions.