Diploma In Cost Behaviour Analysis At QLS Level 3 Certification

Overview

Cost analysis technique is widely used by businesses to make decisions that are cost effective. As the task of cost analysis usually falls under the accounting or finance department, this Diploma in Cost Behaviour Analysis at QLS Level 3 has been developed to help aspiring accountants and finance executives to carry out impressive cost analysis activities. This course also cater for accounting and finance professionals looking to progress in their career, as this course addresses all the latest developments in cost analysis.

This informative course will thoroughly educate you about the various costs in an organisation and how they react to changes within an organisation. You will also learn how to manage costs so that they do not greatly impact the operating profits, while getting exposed to other topics such as breakeven and target income.

This course offers an opportunity for learners to discover about the simulation analysis and how it can be used to predict the outcome of a decision. The CVP analysis will also be adequately covered through this course, along with an insight into its assumptions and tips and tricks used by professionals worldwide.

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.

Course Curriculum

1. What Is Cost Behaviour
2. Analyse Cost Behaviour
3. Break Even Point And Target Income 1
4. Break Even Point And Target Income 2
5. Understand Sensitivity Analysis Part 1
6. Sensitivity Analysis Part 2
7. Apply CVP For Multiple Products

Learning outcomes

• Understand what it implies by cost behaviour and cost behaviour analysis
• Learn about breakeven and target income
• Discover how the simulation analysis can be used to predict the outcome of a decision
• Identify how to use the cost-volume-profit analysis to determine the changes in costs and volume in an organisation’s operating profit
• Get into terms with the assumptions of a CVP analysis

Who is this course aimed at?

• Accounting and finance students
• Accounting and finance professionals looking for a way to progress in their respective careers
• Anyone interested in learning more about cost analysis

Method of Assessment

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 an academic certification. 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.

Certification

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

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.

Other benefits

• Written and designed by the industry’s finest expert instructors with over 15 years of experience
• Repeat and rewind all your lectures and enjoy a personalised learning experience
• Unlimited 12 months access from anywhere, anytime
• Save time and money on travel
• Learn at your convenience and leisure
• Eligible for a TOTUM discount card
• Free Career Support Service
• 25% Discount on personal Statement and covering letter writing service
• Free Access to Over 150 courses for 2 days (48 hours)
• Free access to course before you purchase (For selected courses only)