Course Description

This course is designed for individuals employed in a range of work environments. They may work as individuals providing administrative support within an enterprise, or may be independently responsible for job costing and producing job costing reports.

This course enhances the skills and knowledge required to produce job costing information. It encompasses gathering and recording operating and cost data and producing cost reports.

The following job costing techniques will be delivered to candidates;

·Costs assignments techniques include: direct and indirect costs, labour, materials and overheads, service costs.

·Budget techniques include: materials usage, labour usage, manufacturing overhead, costing budgets.

·Reports preparation include: job and service profitability reports and performance reports with different formats such as job cost records & service cost analysis

After successfully completing this program candidates will be able to:

·Gather and record operating and cost data

·Analyse cost data

·Prepare budgeted reports

·Review costing system integrity

Skills Covered

This course covers the following key areas:

·Introduction to Management Accounting

·Manufacturing Statements

·Cost Flows

·Materials control and accounting

·Labour control and accounting

·Factory Overhead control and accounting

·Job Costing

·Responsibility Accounting

·Cost-volume-profit (CVP) Analysis· 

Accredited Courses  FNSACC507 - Provide management accounting information