INTRODUCTION
Cost accounting is a process of assigning costs to cost objects that typically include a company’s products, services, and any other activities that involve the company. In-depth knowledge of cost accounting can help an organization control costs and engage in strategic planning to improve cost efficiency.
Costing provides data for 3 major purposes:
· Planning and control of routine operations
· Non-routine decision making
· Assets Valuation and Income Determination.
The information issued by a costing system is hence used by management for a variety of purposes, including:
· Fine-tuning operations to generate higher profitability.
· Deciding where to cut costs in the event of a business downturn. · Matching actual costs incurred against standards / budgeted cost levels for control purposes
This training is designed to assist participants in achieving the following OBJECTIVES:
- Enhanced their Costing knowledge at work.
- Initial necessary Cost Down actions
- Manage product and organizational cost more holistically.
- Strengthening the organization’s costing system
- Take continuous strategic role in cost control
100% HRD Corp Claimable Course: Skim Bantuan Latihan Khas
For more information, please contact the following Program Consultant:
Mr. Azrul / email: azrul@cfrontier.com / Tel: +6088731410
Ms. Tracy / email: tracy@cfrontier.com / Tel: +6088731570
Ms. Emily / email: emily@cfrontier.com / Tel: +6088731412
Ms. Joan / email: joan@cfrontier.com / Tel: +6088731575
