Analyzing Cost Data for Management ON DEMAND

Overview

This course covers the managerial use of accounting, financial, and operating data for planning, control, and decision making. The cost data analysis course is designed for managers and entrepreneurs who need hand-on knowledge and tools in processing, developing, and analyzing financial, cost, and business data for managerial use.

Highlights

Introduction to management accounting. Accumulation of costs. Break-even and cost-volume-profit analysis. Budgeting for profit planning and financial modeling. Performance evaluation, transfer pricing, and decentralization. Long-term investment and capital budgeting decisions.

Prerequisites

None.

Designed For

CPAs, auditors, consultants, and financial and managerial professionals.

Objectives

Recognize the concerns of management accounting. Identify examples of each of the basic cost elements involved in the manufacture of the product. Recognize different approaches to costing such as job order costing and the objectives of a cost accounting system. Recognize cost components used for activity-based costing. Recognize various contribution margin concepts. Recognize the advantages and disadvantages of the classifying cost behaviors and types, and more.

Preparation

None.

Notice

None.