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Diploma in Financial & Cost Accounting

Job Description

To equip learners with skills and knowledge in financial and cost accounting for effective financial management and cost control.


Objective: The Diploma in Financial & Cost Accounting is designed to provide learners with an in-depth understanding of accounting principles, financial reporting, and cost accounting techniques. The course covers topics such as bookkeeping, preparation of financial statements, cost analysis, budgeting, variance analysis, and cost control methods.

Eligibility Criteria

Criteria 1

Criteria 2

Experience

Training Qualification

12th

Pursuing Continuous Schooling

1 Year

None

12th

Passed

6 Months

None

Degree

Passed

No Experience

None


Sector

Accounting & Financial Skills

Certifying Bodies

Board of Vocational Education

Type of Organisation

National Education Training And Development

Occupation Standards/Syllabus

NCO Code

Mandatory/ Optional

Duration

  • Introduction to Accounting

  • Advanced Financial Accounting

  • Cost Accounting Principles

  • Management Accounting

  • Financial Statement Analysis

  • Cost Control and Cost Reduction Techniques



N/A





Mandatory




6 Months




Learning Module In Job Role/Syllabus

Career Opportunities

  • Senior Accountant

  • Financial Analyst

  • Tax Manager/Consultant

  • Management Accountant (CMA)

  • Auditor (Internal/External)

  • Corporate Treasurer

  • Finance Manager

  • Financial Controller

  • Cost Accountant

  • Financial Planner/Advisor

  • Forensic Accountant


Duration Hours

Theory :

150

Practical :

150

Employability Skills :

60

OJT (Mandatory) :

60

Specializations in Course

Cost Control and Cost Reduction Techniques: Concepts of Cost Control and Cost Reduction, Tools and Techniques of Cost Control, Material Control and Inventory Management, Labour Cost Control Strategies, Overhead Cost Management, Activity-Based Costing (ABC), Target Costing and Life Cycle Costing, Value Analysis and Value Engineering, Cost Control in Service Organizations, Total Quality Management and Kaizen Costing.


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