Training Details
Basic concepts in cost accounting.
The cost element between economic thought and accounting jurisprudence.
Costing methods:
Measurement and overall costing.
- Measurement and partial loading of costs.
The cycle of charging activities costs to activity units.
Record the items of specific costs and record the costs of centers.
Record the costs of operations.
Measuring the cost of merchandise supplies used:
- Needs planning and procurement planning.
Measuring the cost of acquiring the purchased materials.
- Choosing between alternative policies for the pricing of the expenditure.
- Measuring the cost of materials used and preparing summaries of materials for operations and centers.
- Measuring the cost of labor and the economics of human resources:
Determining employee benefits
The effect of motivation and learning curves on labor cost.
Determining the overall wage rate and wage summaries.
Measuring and charging indirect costs:
- Based on the entrance to the cost centers.
- Based on the entrance to the activity centers ( ABC).
Preparing lists of costs and profitability of operations and activities.
The supervisory aspect of cost accounting:
- using budget decisions Budget )
- using cost criteria ( SC )
- using target cost ( TC )
Practical cases and workshops.