Cost accounting (level 2)

http://www.fic.edu.kh/ 

Training on
Cost accounting (level 2)
Course starts 08 March 2015, Every Sunday 14:00 – 17:00 (45 hours)

This qualification is suitable for candidates who are working, or are preparing to work, in an accounting environment at a level that requires a moderate level of cost accounting knowledge and skill, as well as a basic understanding of cost accounting principles and practice. Candidates attempting this qualification should have the knowledge and skills equivalent to the Certificate in Book-keeping (Level 1) qualification in order to understand the relationships between financial accounting and cost accounting, and basic accounting terms. Successful candidates may progress go the certificate in Cost Accounting and/or Management Accounting (Level 3) qualifications

COURSE OBJECTIVES
To equip management accountants with practical management accounting tools to cope with the demand of management in making a better decisions.

Aims: The aim of this qualification are to enable candidates to develop:
  • a detail understanding of how financial transaction data may be processed to provide cost accounting data.
  • a basic understanding of how cost accounting information can be used for the purposes of planning and control within business organizations.
  • the ability to apply this understanding of planning and control in a variety of business settings.

Target Audience and Candidate Progression
This qualification is suitable for candidates who are working, or are preparing to work, in an accounting environment at a level that requires a moderate level of cost accounting knowledge and skill, as well as a basic understanding of cost accounting principles and practice. Candidates attempting this qualification should have the knowledge and skills equivalent to the FIC Level 1 Book-keeping qualification in order to understand the relationships between financial accounting and cost accounting, and basic accounting terms.
Candidates who achieve Cost Accounting (Level 2) may progress to the Cost Accounting and/or Management Accounting (Level 3) qualifications.

COURSE OUTLINE
  1. Basic terminology and cost classification
  2. Costing for materials
  3. Costing for labor
  4. Costing for overheads
  5. Costing methods
  6. Marginal costing
  7. Budgetary planning and control
  8. Standard costing and variances
  9. Accounting systems
TRAINER 
SAN Chankompheak is an Affiliate Member of the Association of Chartered Certified Accountant (ACCA) and Kampuchea Institute of Certified Public Accountants and Auditors (KICPAA). He also earned his BA in Economics & Management as a dual program from University of Lyon II (France) and Royal University of Law and Economics (Cambodia). With 8 year experience in the areas of auditing and financial accounting, he is currently a Managing Partner of East Wing Auditing & Consulting dealing with various multinational clients across different industrial field. Mr. SAN can comment in Khmer, English, French and some Mandarin. He is also a training director of Financial Institute of Cambodia in charge of training programs.

TRAINING DETAILS
Course:            Cost accounting (level 2)
Date:                Course starts 08 March 2015
Venue:             Financial Institute of Cambodia
Time:               Every Sunday 14:00 – 17:00 (45 hours)
Language:       English handout- Khmer presentation but candidates should have a standard of
                        English equivalent to intermediate or upper intermediate for Business.
Fee:                 US$ 137.50
Material:          Class Materials (compulsory): 10$/ subject  & Book:10$/ subject
Free:                Snack & coffee break, Career services support, 70% discount any classes retake, 7-day a
                         week internet use, 7-day a week library use and  Certificate based on Pass 50%,
                         Merit 60% & Distinction 75%

REGISTRATION
Financial Institute of Cambodia (FIC)
807 Preah Monivong Blvd., Phsar Derm Thkov, Chamkarmon, Phnom Penh, Cambodia
Mobile: 017 849 748/ 081 288 858,  Email: info@fic.edu.kh
Website: www: www.fic.edu.kh



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