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E-Mail: info@panafricaskills.co.ke

Some CIC graduants during a CHRM graduation ceremony
Pan Africa Skills Director with some CIC graduants during CHRM graduation
David Lawson-Director of Studies CIC presenting a Diploma to a CIC member in Nairobi
David Lawson-Director of Studies CIC with the Directors of Pan Africa Skills
Pan Africa Director (m) presenting an award during CHRM graduation

A Program produced to introduce the principles of Cost Accounting so that they can be applied both to academic problems and in practical business situations.

Cost Accounting is a discipline that originally arose out of costing and estimating practices in engineering. Its historical context has been manufacturing, but increasingly. Cost Accounting is being successfully implemented in service industries and not-for profit organizations with significant results. This reflects the fact that today Cost Accounting is vital to all modern businesses which face growing competition.

The study of this Program should be of particular benefit to students of professional accounting bodies, those studying undergraduate and also postgraduate courses in business and management and accounting fields where knowledge of Cost Accounting principles is required; and to professionals and managers who require a working knowledge of the principles of Cost Accounting.

Course Outline

Module 1: An Introduction

Module 2: Essential Cost Accounting Terminology

Module 3: Cost Behaviour

Module 4: Accounting for Labour Costs

Module 5: Accounting for Material Costs

Module 6: Absorption costing

Module 7: Activity Based Costing

Module 8: Marginal Costing Systems

Module 9: Marginal Costing Short-term Decision Making

Module 10: Planning and Budgeting

Module 11: Standard Costing and Variance Analysis

Module: 12 Capital Investment Appraisal

 

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