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Finance and Banking
Finance is the study of how people allocate their assets over time under conditions of certainty and uncertainty.
Banking can be defined as the business activity of accepting and safeguarding money owned by other individuals and entities, and then lending out this money in order to earn a profit.

Course Title: Perspectives on Cost Accounting for Public Sector

Venue: Kampala, UGANDA  
Learning Duration:  1 week 
Starting: 13 Dec 2021  Ending: 17 Dec 2021
Fees: 1150 USD
Payment Details: To cover tuition and training materials only.

COURSE OVERVIEW

Public sector organizations are regularly being challenged to improve on their performance in a very dynamic and resource constrained environment. One way to manage and improve performance in the public sector is to understand their costs and the behavior of factors that drive their costs. Better cost information enables public sector managers in decision making, reviewing and understanding how efficiently and effectively public resources are used. This programme therefore, provides a solid foundation in understanding costing in the public sector.

 

WHO SHOULD ATTEND?

Accountants, finance officers, budget officers and managers who appreciate and apply cost accounting principles in their work.

 

HOW PARTICIPANTS WILL BENEFIT

At the end of the course, participants will be able to:

Appreciate the importance and role of cost accounting

Understand the role of relevant costing in the public sector

Appreciate how cost accounting assist public sector management processes

Obtain information on the costing process from internal, external and investments made

Obtain information for management analysis and control

 

TOPICS INCLUDE

Overview of costing and cost accounting: from a management perspective;

Importance of cost accounting in public sector;

Techniques of cost accounting:

i) marginal costing,

ii) absorption costing

iii) cost benefit analysis,

iv) capital investment appraisal

v) activity based costing

Standard costing and variance analysis.

 

Course No:  2021-12-13-3-9-3108

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