Financial Reporting : Job Costing
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Next Learn Academy
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- Certificate of completion - Free
- Exam(s) / assessment(s) is included in price
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Overview
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➽➽➽Buy 1 and Get 5 Courses FREE!
★★Get 5 FREE Complimentary Courses + PDF Certificates★★
➽ Course 1 : Accounting & Information Processing
➽ Course 2 : Accounting for Business
➽ Course 3 : Bookkeeping and Payroll Management
➽ Course 4 : Accounting and Payroll Management
➽ Course 5 : Accounting Essentials
**FREE PDF Certificates Included**
Job Costing
Increase profitability in your company by reducing unnecessary costs
Job costing, also known as labor cost allocation, is an incredibly important financial reporting tool which many businesses do not utilise. While running job costing reports, you can identify which clients, programs, staff, and facilities are the most profitable ones. This kind of analysis enables an organisation to monitor its existing activities, recognise opportunities for growth and improve its profitability. Proper project costing leads to better profitability, project estimating, management decisions, and timely financial reporting. Proper job costing uses the costs recorded to a particular contract to reveal the profitability of each job, which can be compared to the original profit estimate.
This Job Costing course and will discuss key modules in-depth such as the information systems for the job costing environment, tracking job cost within the corporate ledger, accounting for actual and applied overheads and modern management of cost and quality. Take this opportunity to empower yourself with strong information on measuring and controlling business costs. Information systems that are technologically advanced can be utilised to capture data, analyse data and make sound business decisions.
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- Unlimited Access for 365 Days
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CPD
Course media
Description
★ Learning Outcomes ★
- Learn of the basic fundamentals in job costing
- Learn of direct materials, direct labour and overheads
- Learn to determine the cost data for products and services
- Understand the types of cost estimation
- Understand terminology, concepts and source documents
COURSE CURRICULUM
[ MODULE 01 ] ⇒ Basic Job Casting Concepts Basic Job Casting Concepts
[ MODULE 02 ] ⇒ Information Systems For The Job Costing Environment
[ MODULE 03 ] ⇒ Tracking Job Cost Within The Corporate Ledger
[ MODULE 04 ] ⇒ Accounting For Actual And Applied Overhead
[ MODULE 05 ] ⇒ Job Costing In Service, Not For-Profit, And Governmental Environments
[ MODULE 06 ] ⇒ Modern Management Of Costs And Quality
Access Duration
The Job Costing course will be directly delivered to you, and you have 12 months access to the online learning platform from the date you joined the course. The Job Costing course is self-paced and you can complete it in stages, revisiting the lectures at any time.
Method of Assessment
In order to complete the course ‘Job Costing’ successfully, learners will take an online assessment. This online test is marked automatically, so you will receive an instant grade and know whether you have passed the Job Costing course.
Certification
Upon the successful completion of the Job Costing course, you will be awarded the ‘Certificate in Job Costing - Level 2’ certificate by CPD. You will receive a FREE E-certificate in PDF format and a Printed certificate upon completing the Job Costing course.
Awarding Body
CPD is an internationally recognised accrediting body that will make your CV standout and encourage employers to see your motivation at expanding your skills and knowledge in an enterprise.
Other Benefits
- High-quality e-learning study materials.
- Tutorials/materials from industry-leading experts.
- 24/7 Access to the Learning Portal.
- Recognised Accredited Certification
Why You Should Learn at Next Learn Academy?
Online learning is flexible, convenient and gives you the opportunity to balance life's other commitments with higher education. Next Learn Academy offers an extensive range of online courses with a variety of rich material and resources that will let you connect to peers and expert tutors and build on your skills and knowledge. Next Learn Academy is a reliable online provider with a strong reputation and its meticulously designed courses to help you kick-start your professional journey in the best possible way.
Who is this course for?
This Job costing course is ideal for,
- Accountants
- Cost accountants
- Entrepreneurs
- Business managers
Requirements
The Job Costing course requires no formal qualifications and this course is open to everyone.
Career path
The Job Costing course can assist in your employment in this industry and you can apply for any prestigious position which offers you a lucrative salary.
Questions and answers
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Certificates
Certificate of completion
Digital certificate - Included
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This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.
