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Budgeting & Standard (AIR,Ex- KPMG) : ACCA | CA | CIMA | PG
Rating: 3.8 out of 5(99 ratings)
3,421 students

Budgeting & Standard (AIR,Ex- KPMG) : ACCA | CA | CIMA | PG

Most simplified standard costing and budgeting.
Created byACCA Classes
Last updated 4/2020
English

What you'll 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

Course content

2 sections9 lectures1h 33m total length
  • Budgetary Process and Additional Aspect9:23
  • Different Approaches to Budgeting8:19
  • High Low and Learning Curve9:56

Requirements

  • Basic Conceptual Costing

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.



Who this course is for:

  • ACCA
  • CIMA
  • Cost accountants
  • Costing
  • Graduates
  • MBA
  • Masters
  • Post graduates
  • association of chartered certified accountants
  • CIMA Course (Chartered Institute of Management Accountants)
  • postgraduate courses
  • certification programs
  • graduate courses
  • online certification
  • cost and accounts management
  • costing analysis