Cost and Management Accounting II

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About Course

Course Title: Cost and Management Accounting II

Overview: Welcome to Cost and Management Accounting II, where we delve deeper into the strategic aspects of cost analysis and managerial decision-making. Building upon the foundational concepts introduced in Cost and Management Accounting I, this course equips learners with advanced tools and techniques essential for effective cost management and performance evaluation.

Structure:

  1. Advanced Costing Methods: Activity-Based Costing (ABC) and Target Costing
  2. Strategic Cost Management for Competitive Advantage
  3. Performance Measurement Systems and Balanced Scorecard
  4. Advanced Budgeting Techniques
  5. Cost Analysis for Strategic Decision-Making

What Will You Learn?

  • Advanced costing methods including activity-based costing (ABC) and target costing.
  • Strategic cost management techniques for competitive advantage and value creation.
  • Performance measurement systems and balanced scorecard implementation.
  • Advanced budgeting techniques such as rolling budgets and zero-based budgeting.
  • Cost analysis for strategic decision-making including make-or-buy and pricing decisions.

Course Content

Cost Volume Profit

  • Cost volume profit (CVP) analysis Part I
    32:12
  • Cost_volume_profit (CVP) analysis Part II
    32:06

Relevant information and Decision making

Flexible Budget & Sales Volume Variance

Model Exam and Solution

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