Đề cương khóa học

Introduction to Cost Centers and Costing Fundamentals

  • Purpose and structure of cost centers
  • Cost classification: fixed, variable, direct, indirect
  • Mapping organizational units to cost centers

Cost Driver Identification and Allocation Routines

  • Selecting and defining cost drivers
  • Allocation methods and frequency
  • Maintaining allocation rules and schedules

Bills of Materials (BOM) and Component Costing

  • BOM structures and cost rollup principles
  • Handling multi-level BOMs and phantom assemblies
  • Component substitution and cost impact analysis

Standard Costing, Variances and Reconciliation

  • Establishing standard costs and updates
  • Recording and analysing material and overhead variances
  • Period-end reconciliation and corrective actions

Activity-Based Costing and Advanced Allocation Techniques

  • Designing activity pools and cost assignments
  • Calculating activity rates and unit costs
  • Comparing ABC with traditional allocation approaches

Product Costing Workflows and Cost Rollups

  • End-to-end costing for finished goods and services
  • Interfacing costing with procurement and production records
  • Simulating cost scenarios and what-if analyses

Controls, Auditability and Compliance

  • Implementing access controls and change governance
  • Audit trails for cost adjustments and revaluations
  • Regulatory and reporting considerations

Performance, Optimization and Cost Reduction Strategies

  • Identifying high-impact cost drivers and hotspots
  • Process improvements and cost-to-serve analysis
  • Continuous monitoring and KPI design for cost centers

Summary and Next Steps

Yêu cầu

  • An understanding of managerial accounting principles
  • Familiarity with bills of materials and production processes
  • Experience with ERP or financial systems at an operational level

Audience

  • Cost accountants and financial analysts
  • Product costing and supply chain specialists
  • ERP functional consultants and system integrators
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