Budgeting & Standard (AIR,Ex- KPMG) : ACCA | CA | CIMA | PG
Most simplified standard costing and budgeting.
What you will learn
Costing
ACCA
association of chartered certified accountants
CIMA Course (Chartered Institute of Management Accountants)
Post graduation
Graduates
Financial Management
Costing
Latest course
cost conceptual
ACCA F5 Performance Management
ACCA APM Advanced Performance Management
ACCA Costing
Chartered Accountants
Cost accountants
Description
This very short course will be focusing on budgeting, standard costing and variance analysis.
We have created the most simplified video explanation explaining these topics, we will be learning :
How to prepare budgets and aspects to consider.
Fixed, flexible, incremental, rolling, zero-based and activity based budgeting.
Quantitative analysis tools.
Basics of standard costing, relationship with budgeting and types of standards.
Understanding variance formulas and calculation.
Concept of mix and yield variances and understanding through an example.
References based on which to analyze variances and explanation of operating statement.
How to calculate and interpret planning and operational variances. Principle of controllability.
Additional aspect to consider with respect to budgets and standards.