Cost Accounting and Budgeting (Accounting Technicians)
Unit summary
The unit covers principles of cost accounting, analysis of cost,
cost elements, materials and labour; application of cost accounting,
specific order costs, process costs, costs of factory services,
administration, selling, research, fixed and variable costs, practice
of cost accounting, application of double entry principles,
reconciliation of cost accounts with financial accounts;
responsibility accounting, performance standards, budgeting systems;
budgetary control, management of working capital, cash, stock,
debtors; investment appraisal.
Unit details