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categories: Business & Professional Skills

Cost Management
Analytics
Performance
SDG 8: Decent Work and Economic Growth

Practical Implementation of Cost Accounting

Duration: 2 h 21 m / 20 lessons

Level: Expert

Course Language: Arabic

By the end of this course, you will be able to

  • Cost accounting centers and how to calculate them; you will also learn about the structure of cost accounting and profit center accounting and their applications.

  • The difference between financial accounting and cost accounting in their practical applications and how to modify the numbers obtained from financial accounting.

  • The different types of pricing and markets explore the pricing policy, and the difference between direct and indirect costs and distinguish between types of costs.

Course details

  • 2 h 21 m/20 lessons
  • Last updated: 26/7/2019
  • 1 learning resources
  • Course completion certificate

Course Content

Free lessons

1.

Course Introduction

9 Minutes
2.

Long-Term Bottom Price

4 Minutes
1.

Course Introduction

9 Minutes
2.

Long-Term Bottom Price

4 Minutes
3.

Short-Term Break Even Price

6 Minutes
4.

Pricing Policy

4 Minutes
5.

Price ِAnd Market Types

3 Minutes
6.

Price And Market Types 2

6 Minutes
7.

Special Offers

5 Minutes
8.

Revision: Multiple Choice Questions

4 Minutes
9.

Revision: Multiple Choice Questions 2

9 Minutes
10.

Direct Costs & Indirect Costs

11 Minutes
11.

Key For Distributing Costs

9 Minutes
12.

Differentiating Between Types Of Costs

5 Minutes
13.

Marginal Contribution

4 Minutes
14.

Revision: Multiple Choice Questions

8 Minutes
15.

Cost Center Accounting

7 Minutes
16.

Direct Cost Accounting & Full Cost Accounting

9 Minutes
17.

Internal Cost Allocation

7 Minutes
18.

Revision: Multiple Choice Questions

10 Minutes
19.

Profit Center Accounting

5 Minutes
20.

Revision: Multiple Choice Questions

8 Minutes
learning resources

About this course

The crucial question to be asked to reach an appropriate pricing decision is: "How much is the market willing to pay for the product?" The market means the customers who decide whether to buy the product or not and the competition, ensuring that price margins remain within limits. This course is vital for entrepreneurs and project managers. You will explore the market means posing some fundamental marketing questions. You will also discover the relation between the supply and demand and the monopoly in the markets. By the end of the course, you will develop an investment mindset.

Course requirements and prerequisites

It is preferable to complete "Your Guide to Cost accounting first."

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