Certificate in Cost Accounting – Level 3
Awarded by London Chamber of Commercial and Industry (LCCI)
Introduction
The London Chamber of Commerce and Industry (LCCI) is a major international provider of vocational qualifications, operating in over 86 countries around the world, and one of the UK's largest awarding bodies for National Vocational Qualifications (NVQs).
LCCI International Qualifications have been offered globally for over 100 years and have a reputation as relevant and fit for purpose in the international business market.
The qualifications are accredited and recognized by an increasing number of governments, higher education institutions and employers across the world. An up to date recognitions list can be found on our website.
The cost accounting qualification is suitable for candidates who are working in a cost accounting environment at a level that requires some depth of cost accounting knowledge and skills, as well as a basic understanding of cost accounting principles and practice.
Aim and Objectives of the Program
The aims of the course are to test knowledge and understanding of:
• The purposes of cost accounting, the terminology used and the methods by which the costs of operations, processes, departments, products or services are ascertained using the absorption principle
• Elementary aspects of the marginal principle, optional techniques and costing systems
• The methods, principles and techniques by which both planned and actual costs of operations, processes, departments, products or services are established.
• Responsibility for effective use of resources involving control by variance analysis.
• Relevant costs for decision making.
Syllabus
• Cost Accounting Terminology and Relationships
• Costing for Materials
• Costing for Labour
• Costing for Overheads
• Costing methods
• Marginal Costing
• Budgetary Control
• Stock Control
• Standard Costing
• Standard costing and variances
• Accounting Systems
Course Duration 70 hours
Entry Requirement
• English: Intermediate level
• Basic knowledge in Cost Accounting
Tuition fee
| Description |
Amount (USD) |
| Course fee |
600 |
| Exam fee |
100 |
| Total | 700 |
The fee can be paid in USD or VND following the exchange rate of Bank for Foreign Trade of Vietnam.
