Cost Accounting Principles Course

مبادئ محاسبة التكاليف

USD 106
USD 64

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Duration
01:32:24 hours

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Access Time
Lifetime

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Language
Arabic

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Resources
(1)

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Skill Level
( General )

USD 106
USD 64

About the instructor

Dr. Mohamed Morsy
Financial Controller (Acting as a CFO)

DR. Mohamed Morsy is a graduate of the faculty of Commerce, Cairo University in the year 2006. Since his graduation, he has dedicated his passion to both academic and practical work.

Mr. Morsy has an extensive career experience of more than 15 years, which is mainly comprised of working in the industries of Oil & Gas and Petrochemicals. Mr. Morsy successfully managed multiple roles and held several tasks, such as: liaising with financial advisors to finance projects, participating in client due diligence, tax advisory role, cost restructuring, and others. It is worth mentioning that during this period Mr. Morsy had held professional and academic degrees such as CMA, MBA, FMVA, and ACCA (Advanced diploma). He also conducted several training programs via reputable organizations (e.g. RITI, Petroleum Air Service Co. (PAS), Misr International University-MIU, Egypt japan university of science and technology, The Greek Campus, etc.). Furthermore, he joined, voluntarily, the IMA Cairo chapter as a board member during 2016-2017.

Cost accounting is an important business and accounting process, which aims to analyze and distribute costs efficiently to determine cost of production and to achieve profitability.

It relies on the use of tools and techniques such as variable and fixed cost analysis, determination of turning points, and value-added analysis. Following cost-accounting principles helps make strategic, data-driven decisions to improve efficiency and profitability.

Common applications of cost accounting include estimating the expected costs of new projects, improving production processes, and determining the costs of products and services.

Effective cost management contributes to a balance between quality and cost to ensure greater profitability and enhance market competitiveness.

Start a cost accounting principles course now and learn more

You Will Learn

 

  • An explanation of some of the terms of cost accounting.
  • The extent to which the form of financial statements is affected by the nature of the activity (service, commercial or industrial)
  • Direct and indirect costs.
  • Fixed and variable costs.
  • Variable and total cost system.

Targeted Students

 

  • The owner of a company.
  • Someone who's thinking of setting up a company.
  • Company manager, department manager of a company, employee of a company.
  • Junior accountant
Training Program Name As In Certificate

Cost Accounting Principles Course

Created at: 2022-03-27 13:35:43
Updated at: 2024-10-31 03:59:42
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64 USD