FUNDAMENTALS OF COSTING &
BUDGETING
An enterprise’s survival as an on-going concern depends on the management’s
stewardship and process of planning, control and decision making. Key personnel of
the enterprise needs to develop and understand the application of costing and
management accounting techniques, on a short-term and long-term basis. This
seminar highlights and provides some of the basic techniques required to enable the
participants to develop various methods and put them into application and practice
on a daily operational basis.
On completion of the seminar, participants should be able to:
 Explain and understand the role of costing and management accounting
within an organisation and the requirements for management information
 Describe costs by classification and purpose
 Identify the appropriate material, labour and expenses costs
 Understand and demonstrate the principles of costing and management
accounting

Accounts Executives, Cost Executives, Production Executives, Managers,
Decision Makers, Directors
Module 1: Introduction
Module 2: Management Accounting?
Module 3: Absorption Costing
Module 4: Activity Based Costing
Module 5: Job Costing
Module 6: Process Costing
Module 7: Marginal Costing and Decision Making
Module 8: Cost Volume Profit (Break-Even) Analysis
Module 9: Budgeting for a Manufacturer
Module 10: Standard Costing and Variance Analysis
If you have any enquiries, please contact
+60 (3) 56213630 or
email: info@comfori.com