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Diploma in Cost Behaviour Analysis at QLS Level 3 Certification

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Diploma in Cost Behaviour Analysis at QLS Level 3 Certification

Overview

Cost behavior analysis is imperative in an organisation’s efforts to understand the changes of operating costs in relation to the changes in the organisation’s level of activities. It can help a management to plan business operations and in choosing between alternative options. If you are either an accounting or finance professional or a manager or director wanting to learn more about cost behavior, this Diploma in Cost Behaviour Analysis at QLS Level 3 might just be the perfect course for you.

Designed for both beginners and professionals alike, this course will bring to you the concept of cost behaviour in detail and will show you what can be predicted from it. You will also get into terms with the tools and techniques that are used widely to analyse cost behaviour in an organisation.

Breakeven point is an element of cost accounting that shows you the point at which total cost and total revenue are equal. More about this will be discussed through this course, in addition to other topics such as target income, sensitivity analysis, CVP and many more.

The Quality Licence Scheme, endorses high-quality, non-regulated provision and training programmes. This means that Global Edulink* has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The completion of this course alone does not lead to a qualification but may be used as evidence of knowledge and skills gained. The Learner Unit Summary may be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this subject. To this end the learning outcomes of the course have been benchmarked at Level 3 against level descriptors published by Quality Licence Scheme, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.

The course itself has been designed by Global Edulink* to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current qualifications. Quality Licence Scheme endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met. A review of courses is carried out as part of the endorsement process.

This course has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course is not regulated by Ofqual and is not an accredited qualification. We will be able to advise you on any further recognition, for example progression routes into further and/or higher education. For further information please visit the Learner FAQs on the Quality Licence Scheme website.

*1Training is an approved reselling partner for Quality Licence Scheme courses under Global Edulink

Why 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 skills and training that will give you the opportunity to put into practice your knowledge 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.

Learning outcomes

  • Understand what is cost behavior and what you can predict from it
  • Get into terms with the tools and techniques used to analyse cost behavior
  • Learn about breakeven point and how to calculate it
  • Discover how to calculate the sales necessary to achieve a target income
  • Study about sensitivity analysis and CVP
  • Explore the assumptions of a CVP analysis

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 content will be accessible to you 24/7. The course is self-paced and you can complete it in stages, revisiting the lectures at any time.

Key Features

Endorsed by Quality Licence Scheme

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

  • You must be 16 years of age or more
  • You should have a basic understanding of numeracy, English language and ICT
  • A qualification at level 2 or above in a related discipline
  • This course is ideal for individuals looking for a way to improve their cost analysing knowledge to either get into or make some progress within the accounting or finance industry.
  • Managers and directors in the top management will also find this course enlightening.

This online course is assignment-based with learners being assessed upon the submission of a series of assignments. Once you successfully submit the assignments, students will gain a professional qualification. The assignments must be submitted to the instructor through the online learning portal. The assignments will be reviewed and evaluated, with feedback provided to the student on how well they have fared.

Please Note: Additionally, a total of £49 is charged for the assessment and certificate, and you need to pay that when submitting your assessments only (It is not required to pay initially upon registering). This payment can be made in 02 installments.

Those who successfully complete the course will be issued the Diploma in Cost Behaviour Analysis at QLS Level 3 by the Quality Licence Scheme.

Course Code QLS-05101

Endorsed by

The Quality Licence Scheme is part of the Skills and Education Group, a charitable organisation that unites education and skills-orientated organisations that share similar values and objectives. With more than 100 years of collective experience, the Skills and Education Group’s strategic partnerships create opportunities to inform, influence and represent the wider education and skills sector.

The Skills and Education Group also includes two nationally recognised awarding organisations; Skills and Education Group Awards and Skills and Education Group Access. Through our awarding organisations we have developed a reputation for providing high-quality qualifications and assessments for the education and skills sector. We are committed to helping employers, organisations and learners cultivate the relevant skills for learning, skills for employment, and skills for life.

Our knowledge and experience of working within the awarding sector enables us to work with training providers, through the Quality Licence Scheme, to help them develop high-quality courses and/or training programmes for the non-regulated market.

Progression and career path

With this certificate in Diploma in Cost Behaviour Analysis at QLS Level 3 you can greatly improve your eligibility for a number of jobs in the accounting or finance industry. The certificate will also demonstrate your expertise in the area and thus, will put you in line to demand for a higher pay or job promotion from your employer. Below given are some of the jobs this certificate will benefit you in, along with the average UK salary per annum according to PayScale,

  • Cost Analyst – £24,368 per annum
  • Accounts Executive – £22,224 per annum
  • Accounts Assistant – £18,806 per annum
  • Accountant – £28,498 per annum
  • Staff Accountant – £24,115 per annum

Other benefits

  • Written and designed by the industry’s finest experts with over 15 years of experience
  • Repeat and revise all your lectures and enjoy a personalised learning experience
  • Unlimited 12 months access from anywhere, anytime
  • Excellent Tutor Support Service (Monday to Friday)
  • Save time and money on travel
  • Learn at your convenience and leisure
  • Quizzes, tests mock exams, practice exams to ensure you are 100% ready
  • Eligible for a TOTUM discount card
  • You must be 16 years of age or more
  • You should have a basic understanding of numeracy, English language and ICT
  • A qualification at level 2 or above in a related discipline
  • This course is ideal for individuals looking for a way to improve their cost analysing knowledge to either get into or make some progress within the accounting or finance industry.
  • Managers and directors in the top management will also find this course enlightening.

This online course is assignment-based with learners being assessed upon the submission of a series of assignments. Once you successfully submit the assignments, students will gain a professional qualification. The assignments must be submitted to the instructor through the online learning portal. The assignments will be reviewed and evaluated, with feedback provided to the student on how well they have fared.

Please Note: Additionally, a total of £49 is charged for the assessment and certificate, and you need to pay that when submitting your assessments only (It is not required to pay initially upon registering). This payment can be made in 02 installments.

Those who successfully complete the course will be issued the Diploma in Cost Behaviour Analysis at QLS Level 3 by the Quality Licence Scheme.

Course Code QLS-05101

Endorsed by

The Quality Licence Scheme is part of the Skills and Education Group, a charitable organisation that unites education and skills-orientated organisations that share similar values and objectives. With more than 100 years of collective experience, the Skills and Education Group’s strategic partnerships create opportunities to inform, influence and represent the wider education and skills sector.

The Skills and Education Group also includes two nationally recognised awarding organisations; Skills and Education Group Awards and Skills and Education Group Access. Through our awarding organisations we have developed a reputation for providing high-quality qualifications and assessments for the education and skills sector. We are committed to helping employers, organisations and learners cultivate the relevant skills for learning, skills for employment, and skills for life.

Our knowledge and experience of working within the awarding sector enables us to work with training providers, through the Quality Licence Scheme, to help them develop high-quality courses and/or training programmes for the non-regulated market.

Progression and career path

With this certificate in Diploma in Cost Behaviour Analysis at QLS Level 3 you can greatly improve your eligibility for a number of jobs in the accounting or finance industry. The certificate will also demonstrate your expertise in the area and thus, will put you in line to demand for a higher pay or job promotion from your employer. Below given are some of the jobs this certificate will benefit you in, along with the average UK salary per annum according to https://www.payscale.com,

  • Cost Analyst – £24,368 per annum
  • Accounts Executive – £22,224 per annum
  • Accounts Assistant – £18,806 per annum
  • Accountant – £28,498 per annum
  • Staff Accountant – £24,115 per annum

Other benefits

  • Written and designed by the industry’s finest experts with over 15 years of experience
  • Repeat and revise all your lectures and enjoy a personalised learning experience
  • Unlimited 12 months access from anywhere, anytime
  • Excellent Tutor Support Service (Monday to Friday)
  • Save time and money on travel
  • Learn at your convenience and leisure
  • Quizzes, tests mock exams, practice exams to ensure you are 100% ready
  • Eligible for a TOTUM discount card
Course Curriculum Total Units : 11
1: What is Cost Behaviour
What is Cost Behaviour
2: Analyse Cost Behaviour
Analyse Cost Behaviour
3: Break Even Point and Target Income 1
Break Even Point and Target Income 1
☑ Assignment
Assignment Brief I – Diploma in Cost Behaviour Analysis at QLS Level 3
☑ Submit Your Assignment
4: Break Even Point and Target Income 2
Break Even Point and Target Income 2
5: Understand Sensitivity Analysis part 1
Understand Sensitivity Analysis part 1
6: Sensitivity Analysis part 2
Sensitivity Analysis part 2
☑ Assignment
Assignment Brief II – Diploma in Cost Behaviour Analysis at QLS Level 3
☑ Submit Your Assignment
7: Apply Cvp for Multiple Products
Apply Cvp for Multiple Products
8: How to Apply Cvp for Business Analysis
How to Apply Cvp for Business Analysis
☑ Assignment
Assignment Brief III – Diploma in Cost Behaviour Analysis at QLS Level 3
☑ Submit Your Assignment
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