This course will provide the learner with a working knowledge of cost accounting and the areas it supports, while introducing the learner to the key benefits related to cost accounting. Moreover, we will discuss how these concepts can be applied to situations and decisions outside of the manufacturing realm.
Program Registration:
Launch Course
For additional registration information, click here.
Learning Objectives:
Upon completion of this course, the learner will be able to:
- Converse with fundamental cost accounting terms, concepts and classifications
- Support factory accounting, inventory control and financial planning
- Obtain important insight into management’s expectations of their cost accounting system
- Advance with the foundational knowledge and skills needed for remaining Cost Accounting Modules
Estimated Course Duration: 1 hour (1 CPE)
Delivery Method: Online Self-Study
Field of Study: Accounting
Program Level: Overview
Advance Preparation/Prerequisites: None
Program Content:
- What is Cost Accounting?
- Manufacturing Costs
- Direct Materials
- Direct Labor
- Manufacturing Overheard
- Shrinkage
- Prime Costs vs. Conversion Costs
- Non-Manufacturing Costs
- Marketing Costs
- Selling Costs
- Administrative Costs
- Product Costs vs. Period Costs
- Balance Sheet
- Income Statement
- Manufacturing Cost Flows
- Product Costs
- Raw Materials
- Manufacturing Costs
- Work in Progress
- Cost Classification for Predicting Cost Behavior
- Variable Costs
- Fixed Costs
- Mixed Costs
- Differential Costs and Revenues
- Opportunity Costs
- Sunk Costs
- Cost of Quality
Download PDF Course Description:
(1 page, 43 KB)
1.
Login to KnowledgeLeader account
2. Click on
Launch Course.
3. The link takes you to the KL
plus Login window.
4. Enter your email address and password and then click the
Submit button.
5. The training module will launch automatically. NOTE: Most training modules are narrated. To view speaker notes during the presentation, click the Notes tab.
In order to earn CPE credit, you must complete the training module within one year of enrollment and score 70% or above on the Final Exam.
Complaint Resolution Policy/Refund Policy:
For more information regarding refund, complaint and program cancellation policies, please contact our offices at (866) 923-8513 or if outside the U.S., please call +1 (925) 598-7771. You may also email us at knowledgeleader@protiviti.com.
Protiviti is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.