Professional Certificate in Understanding Cost System and its Classification
Upskill, reskill or pursue a passion with relevant courses across every subject, whether you're a beginner or already an expert.
Duration
2 Weeks
Pedagogy
Online
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
Request follow-up
Fill in the form below and one of our student advisors will contact you soon.
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.
Testimonial
Discover the success stories of learners like yourself
Where learning goes beyond acquiring new skills to also deliver an enjoyable experience.
Muhammad W.
MSBM is one of the best online learning platform available for students to learn and earn shareable certificate. The fees they are charging is also lower than m...
Lutfillo L.
The course is interesting. I took the first time online course, was a little bit excited about it. My biggest concern was about internet speed and its' availabi...
Eva R.
I found this course very useful and it helps me in every field not only work . It helps me taking decisions on logical and accurate basis and taught me how to a...
