Success in any organisation ranging from a small retailing store to a large multinational corporation requires the understanding of cost accounting concepts and practices. Cost accounting provides key data to managers for planning and controlling, as well as costing products, services, and customers. Moreover, all businesses are facing product price competition in local and international markets, many organisations are under tremendous pressure to reduce costs and increase contribution margins from their operations. Cost and management accounting is increasingly becoming integral component of decision-making for managers.
This course is essential for directors, finance managers, accountants, executives and administrators who are responsible in planning, controlling and managing the production and operating costs for various organisations