What you will learn
A cost and management accounting system are part of the financial information system for internal reporting. In an organization, it is important to obtain data about product costs and analysis of effectiveness at the operational level to assist the managers or business owners in decision-making. This micro-credential course will help to acquire knowledge on principles and methods of cost and management accounting at the operational level. It emphasized cost concepts, basic costing methods via job, batch, service, contract, and process costing. Knowledge of cost and management accounting information help to reduce the under or overestimates of product cost and profit earned from the sale of products or services rendered. This product costing literacy will empower you with the capacity to analyse the efficiency of your department and organisation. Learn how a product costing knowledge developed your ability to understand better the business operation and make more informed business decision.

What skills you will gain
Product Cost Design Product Costing Literacy Price Setting

Total contents and assessments
14 Videos, 4 Learning Activities, 5 Content, 4 Assessment