10 Unit Credit Values

• Costing Information: Costing information from various sources; Purpose and Structure of financial reporting systems; External environment related costs; Income and Expenditure within different business departments; Cost, Profit and Investment Centres; Material, Labour and Expenses; Fixed, Variable, Semi-variable and Stepped costs ; Income and Expenditure Reconciliation; Inter-departmental Transactions
• Standard Costing and Performance: Standard Costing Inputs and Outputs; Standard, Marginal and Absorption costing; Calculating Variances; Comparing Costs
• Techniques used to measure performance and manage costs: How to monitor financial performance; Key Business Indicators; Calculate performance indicators; Cost Management Techniques; Capital Investment projects
• Estimation techniques: Analyse and Compare trends; Interpret results; Financial Reports; Exception Reports; Performance Reports