Professional Certificate in Understanding Cost System and its Classification

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Duration

2 Weeks

Pedagogy

Online

Tuition Fee

£ 55 £ 80

Professional Certificate in Understanding Cost System and its Classification

The course explores the nature and behaviour of cost in an organization and the approaches used to report and manage it. The course aims to equip the learner with an understanding of the essential terminologies and concepts used in costing so that the learner is able to identify costs, interpret the related information and use the costing information in decision making. 

After the successful completion of this lecture, you will be able to understand the following:

  • The concept of the Costing System.
  • Various types of costing systems.
  • Different classification of cost.
  • Various cost control of systems.
  • Calculation of cumulative cost variance.
  • Various strategies of pricing policy.

Accreditation

All MSBM courses are accredited by the relevant partners and awarding bodies. Please refer to MSBM accreditation in about us for more details.

Entry requirement

There are no strict entry requirements for this course. Work experience will be added advantage to understanding the content of the course.

The certificate is designed to enhance the knowledge of the learner in the field. This certificate is for everyone eager to know more and gets updated on current ideas in their respective field.

We recommend this certificate for the following audience.

  • CEO, Director, Manager, Supervisor
  • Cost Control Manager
  • Finance Manager
  • Operatons Manager
  • Organizational Behaviour Specialist
  • Financial Analyst
  • Team Lead

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What you'll learn

Module 1

Understanding Cost System And Its Classification

This comprehensive module combines various learning approaches including interactive content, practical exercises, and engaging resources. You'll find carefully curated materials designed to enhance your understanding and skills through a mix of theoretical concepts and hands-on practice. Each component has been structured to ensure an effective and engaging learning experience.

4 Lectures
1 Quiz

Testimonial

Discover the success stories of learners like yourself

Where learning goes beyond acquiring new skills to also deliver an enjoyable experience.

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Natalie P.

Clear and concise learning material that provides references to actual working scenarios.

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Anita Z.

I would really like to recommend the courses on this site. I just finished one of them and it helped me learn a lot. The notes and the videos are well-organis...

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Dzenan D.

A good course with an excellent lecture and introduction to business administration