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Certificate in Cost Analysis - Level 3

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Overview

What is cost analysis? It is to understand the concepts of cost which you will learn with the Certificate in Cost Analysis – Level 3 (USA Standards). The course is designed to teach you about cost behaviour and how addressing it can be more challenging than you first thought. The focus of the course is on cost behaviour patterns and cost behaviour methods. You will learn to evaluate the viability of a business and how cost-volume-profit-analysis will help you make informed decisions on profitability of a business and which prospects you should pursue. The course will teach you the implications of operating a business, achieving maximum productive output and running at full capacity.

The course is extensive and will discuss key modules in-depth such cost behaviour analysis, CVP for multiple products, break even and target income, sensitivity analysis and assumptions of CVP. Each topic will be explored fully to ensure learners gain a complete understanding of the subject matter.

The Certificate in Cost Analysis – Level 3 will get you acquainted with the conceptual underpinnings of cost behaviour. The course will provide you with important tools to plan and make decisions related to cost behaviour. This is an opportunity to learn everything you need to know about taking on a job role in the accounting and finance industry. This certification will set you in the right direction, with exciting career opportunities in store for you.

Please Note: This Course is Based on USA Standards.

Why you should consider 1Training?

As improvements and advancements are made in technology, online courses are no longer just conventional means of studying at affordable costs. In many aspects online training offers superiority to traditional learning. There is an effectiveness and convenience that traditional learning cannot provide. The overall convenience and flexibility makes it a superior learning method.

1Training offers the most convenient path to gain an internationally recognised qualification that will give you the opportunity to put into practice your skill and expertise in an enterprise or corporate environment. You can study at your own pace at 1Training and you will be provided with all the necessary material, tutorials, qualified course instructor and multiple free resources which include Free CV writing pack, Nus Discounted Card, Free career support and course demo to make your learning experience enriching and more rewarding.

What will I learn? 

  • Learn of costs as fixed and variable components.
  • Have a clear understanding of an organisation’s cost structure
  • Learn how to discern the exact cost structure
  • Learn to apply various methods to analyse cost behaviour
  • Learn to perform important diagnostic calculations 

Access Duration

The 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 course is self-paced and you can complete it in stages, revisiting the lectures at any time.

Key Features

Gain an accredited UK qualification

Access to excellent quality study materials

Learners will be eligible for TOTUM Discount Card

Personalized learning experience

One year’s access to the course

Support by phone, live chat, and email

  • All learners should be over the age of 16 and have a basic understanding of Maths, English and ICT.
  • A sound educational background is recommended.

This course is ideally suited for financial managers or directors, accountants, financial assistants, budget accountants, analysts, budget and planning managers and coordinators and operations managers

In order to complete the Certificate in Cost Analysis – Level 3, learners will have to take a mock exam and final exam.

  • No. of Questions: 30
  • Exam Duration: 40 minutes
  • Exam format: multiple questions

Those who successfully complete the course will be awarded the Certificate in Cost Analysis – Level 3 by CPD & iAP.

Progression and Career Path

Once qualified in the Certificate in Cost Analysis – Level 3, you will gain an accredited qualification that will demonstrate your understanding of analysing and managing costs. You can use this certification to exercise your skills and expertise in planning and decision-making. With this qualification you can further enhance your education and take related courses.  You will also be entitled to various job incentives put forth by the organisation. Below are some of the jobs you can land with this certification.

  • Finance/Accounts Assistant
  • Assistant Accountant
  • Accountant
  • Finance Manager
  • Operations Manager
  • Business Manager
  • Budget and Planning Manager
  • All learners should be over the age of 16 and have a basic understanding of Maths, English and ICT.
  • A sound educational background is recommended.

This course is ideally suited for financial managers or directors, accountants, financial assistants, budget accountants, analysts, budget and planning managers and coordinators and operations managers

In order to complete the Certificate in Cost Analysis – Level 3, learners will have to take a mock exam and final exam.

  • No. of Questions: 30
  • Exam Duration: 40 minutes
  • Exam format: multiple questions

Those who successfully complete the course will be awarded the Certificate in Cost Analysis – Level 3 by CPD & iAP.

Progression and Career Path

Once qualified in the Certificate in Cost Analysis – Level 3, you will gain an accredited qualification that will demonstrate your understanding of analysing and managing costs. You can use this certification to exercise your skills and expertise in planning and decision-making. With this qualification you can further enhance your education and take related courses.  You will also be entitled to various job incentives put forth by the organisation. Below are some of the jobs you can land with this certification.

  • Finance/Accounts Assistant
  • Assistant Accountant
  • Accountant
  • Finance Manager
  • Operations Manager
  • Business Manager
  • Budget and Planning Manager
Course Curriculum Total Units : 6
1: Cost Behaviour
Cost Behaviour
2: Cost Behaviour Analysis
Cost Behaviour Analysis
3: Break-Even and Target Income
Break-Even and Target Income
4: Sensitivity Analysis
Sensitivity Analysis
5: CVP for Multiple Products
CVP for Multiple Products
6: Assumptions of CVP
Assumptions of CVP
Mock Exam
Final Exam
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