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Texila American University Certificate in Cost and Management Policy
Texila American University

Certificate in Cost and Management Policy

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Key Summary

    About: The Certificate in Cost and Management Policy equips students with foundational skills in cost management and decision-making processes. It covers essential topics that include financial analysis, budgeting, and strategic planning, aiming to develop proficiency in managing financial performance within organizations.
    Career Outcomes: Graduates can pursue various roles such as cost analyst, management accountant, financial controller, and budgeting specialist, contributing to effective decision-making and financial management in businesses and organizations.

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Introduction

Learning this course will enable you to understand the scope and objectives of cost and management accounting, components of direct and indirect costs, cost recording and advanced methods of costing systems.

  • To introduce the theoretical conceptsof cost and management accounting
  • To describe the basic concepts and processes of material, labour and overhead cost
  • To explain the various types of costing and budgeting
  • To develop the practical knowledge and skills in various modern cost and management accounting
  • To enable the business decision making skills based on the cost details and statements

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