Cost Accounting
“How to Manage Costs & Accounting Transactions"
Live Zoom Webinar:
Duration: 2 sessions x 4 hrs
Time: AM Sched = 8:30am-12:30pm | PM Sched = 1:30-5:30pm
Schedule 2025: Jun 10-11 (PM) | Sep 25-26 (PM) | Nov 6-7 (PM)
Live Seminar:
Duration: 2 days x 8 hrs
Time: 9am to 5pm
Schedule 2025: By Special Arrangement
Course Description
This course will give students a clear understanding and appreciation of the concepts, tools, and techniques necessary to address financial and strategic control problems typically faced by analysts, controllers, and managers. Areas covered include cost behavior, strategy in the context of managing financial decisions, and the nature of the interaction between strategic planning and managerial control
Performance Objectives
Upon completion of this workshop, participants should be able to assess costs and use methods for calculating cost for better business decisions and improve cost management practices for the company.
Learning Objectives
By the end of this course, the participants shall be able to:
- Differentiate cost management from financial management and identify factors affect cost management
- Define basic cost management concepts
- Describe different types of variables and methods used for cost estimation
- Compare activity-based costing & department costing systems
- Track the flow of costs in a job-costing system
- Describe the five (5) steps of the production report and prepare production reports
- Allocate cost using single rate and multiple-rates
- Distinguish between simple and activity-based costing
Course Topic Highlights
- Cost Management vs. Financial Management
- Roles of Management Accountants
- Professional Ethics
- Cost Management Information System
- Process of Assigning Costs to Products & Services
- Production Costs vs. Non-Production Costs
- Traditional vs. Activity-based Cost Management Systems
- Determine How Costs Behave
- Fixed, Variable, and Mixed Costs
- Methods of Cost Estimation
- Activity-based Costing
- Job-order Costing
- Process Costing
- Cost Allocation
- Difference Between Support Departments & Production Departments
- Allocating Joint Product Costs
- Accounting for Byproducts
- Activity-based Costing & Activity-based Management
- Under-costs & Over-costs Products or Services
- Four-part Cost Hierarchy
Who Should Attend?
Business Owners, Accounting Staff, Finance Officers, Analysts, Controllers, Auditors and Managers who deal with cost management of any organization.
Rate:
| Webinar: |
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Php4,500 + VAT |
| Seminar: |
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Php8,500 + VAT |
Notes:
- Live Webinars are conducted via Zoom and includes eCertificate of Completion. Printed Certificates may be requested with minimal processing fee of Php100 plus shipping fee.
- Live Seminars will be held at Businessmaker Training Center in PSEC-Tektite, Ortigas Center, Pasig City. Regular Seminars include: Certificate of Completion, Seminar Kit, Meals and Drinks.
- Live Seminars include non-transferable one-time refresher seminar session within one year.
PAYMENT METHODS:
You may pay via check at our office or you may use any of these payment facilities:
Bank Deposit
Bank Account Name: Business Maker Academy, Inc.
Bank Account Numbers:
BPI SA# 4013-0306-64
BDO SA# 000-280-622-422
Landbank CA# 3732114830
Paypal/Credit Card
We accept paypal or credit card payments. If you wish to use this payment method, pls register and click on paypal as your mode of payment. Our representatives will contact you to provide our official paypal link and assist you in processing payment.
Dragonpay
We accept payments via e-wallets, credit card, online banking or over-the-counter payment centers via Dragonpay. Pls register and choose Dragonpay payment method. Our representative will contact and provide you with our Dragonpay link and assist in processing.
Gcash
We accept Gcash payments. Pls register and pay using this QR code.
DON'T FORGET TO CONFIRM YOUR BOOKING
CONFIRM TO ATTEND THE CLASS:
Please send your proof of payment and include your name, course & class date to:
Viber#: (0912) 2231826 or
Email: info@businessmaker-academy.com
Important Note: Business Maker Academy Inc. is a VAT-registered company. TIN# 223-672-691-000 VAT. For zero rated or VAT exempt companies, please include your Certificate of Exemption. Provide Form 2307 or Certificate of Tax Withheld if payment done with tax withheld. Please withhold only 2% as we are classified as suppliers or contractors of service.All bank payments should be directly deposited to our official company bank accounts only under account name:
Business Maker Academy, Inc. Please be advised that no other individual/personal bank account is authorized to collect payment on behalf of the company..
Customer Reviews
– Michelle N. Barreto, Tres Hermanas Inc.
– Jasper Cordero, Treasury Staff, All Asian Counter Trade, Inc.
– Atty. B. Aldeguer, ACCRA Law
-A. Salazar, Securities Clearing Corporation of the Phils.
People who enroll in this course can upgrade to the Full Program Bundle:
Get 10% off on our Full Program Bundle:
Includes Total of 5 Courses:
• Course #1: Accounting for Non-Accountants (2-Day)
• Course #2: Effective Taxation & BIR Compliance (2-Day)
• Course #3: Bookkeeping for Non-Accountants (2-Day)
• Course #4: Cost Accounting (2-Day)
• Course #5: Mandatory Payroll & Benefits Administration (2-Day)