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Program Structure
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Objectives:
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understanding the concepts and applications of cost
accounting
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know various techniques to manage and control costs
*
appreciate the implications of cost allocation of various
operations in effectively monitoring business
performance
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identify areas for improvements in a complex business
set-up
Main
topics include:
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Cost accounting systems
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Operations costs
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Quality costs
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Time costs and Standard costs
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Cost behaviours
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Variable and fixed costs
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Cost Volume Profit analysis
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Cost management and management decisions
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Ways to manage and control costs
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Responsibility accounting
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