You can improve your business profitability by using constraint analysis, target costing, capital budgeting, price setting, and cost of quality analysis. This course addresses how to use those accounting principles, along with the essential tasks of inventory valuation, cost-volume-profit relationships, and job costing. Upon completion of this course, you will be able to apply key cost accounting principles to foster more profitable decision-making by management.
Learning
Outcomes:
1.
Define and apply management and cost accounting concepts
2. Describe the importance
of cost accounting in uncovering profitability and supporting key business
decisions
3.
Identify cost-volume-profit relationships and its relationship with profitability
4.
Analyze inventory costing and capacity methods to make informed production
decisions
5.
Understand other issues that play an important role in capacity planning and
control
Presenter:
Maria Pearman
Principal
Perkins Accounting