Principles of Costing

Is This for You?

Learn to understand an organisation’s cost recording system, use it to record or extract data, and use spreadsheets to convey information on actual and budgeted income and expenditure.

Award and Associated Qualifications

Accredited CPD Centre

Awarded 50 CPD points upon successful completion

Courses Start Date
Start Date
Flexible
Courses Study Type
Study Type
In centre, online, or a combination
Courses Training Type
Training Type
Course
Course Duration
Duration
50 hours

About This Course

There are six modules in this course:

– Identifying Costs
– Cost Centres and Cost Absorption
– Material Costs
– Labour Costs
– Budgets and Standard Costs
– Spreadsheets

* Level 2 is the equivalent of Level 4 in Ireland and Level 5 in Scotland.

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Aims and Objectives

To understand an organisation’s cost recording system and use it to record or extract data. To use spreadsheets to convey information on actual and budgeted income and expenditure. 

Pre-Requisites

Students should have some bookkeeping knowledge.

Finance Options

Wherever possible our training is tailored to your needs. The cost of our training programmes depend on the course(s) you choose and varies according to duration and breadth. Rest assured we have a number of payment options available to ensure the cost of training is affordable and can be worked alongside your other financial commitments. Common ways people fund their training include: –

Self-Funded:

  • Flexible payment plans to help you spread the cost* available at many of our centres;
  • You could opt to pay upfront.

Company Funded:

Requesting funding from your employers needn’t be a daunting task. Many employers support and encourage their employees with their professional development and consider it a worthwhile investment to fund any training required.

What we can help with:

  • Providing a comprehensive training programme outlining learning outcomes
  • Tailored personnel letters
  • Communication with finance departments to arrange payment options (upfront or payment plan*).

* Terms and Conditions apply. Speak to a Course Advisor for full information on the options available to you.

Career Path

This course is designed for anyone looking to work within the Accounts Department of any organisation or who wishes to manage and understand the financial costs of their own business.

What’s the Difference?

We offer a range of training packages in a range of subject areas and can offer blended learning opportunities to best meet your needs.

Pitman Training Type Course

Our courses are practical in nature and focus on a single subject and can last anywhere from a few hours to a few days.

Pitman Training Type Diplomas

Diplomas are designed to give you a complete skillset mapped to a specific career path and contain a number of core and elective courses.

Flexible Training That Works for You

Looking for prices?

Request more details or call the team on 1800 532632.