Accounting Variance Analysis

Training

Online

Precio Emagister

S/. 51 S/. 206

*Precio estimado

Importe original en GBP:

£ 10 £ 40

Descripción

  • Tipología

    Training

  • Nivel

    Beginner

  • Metodología

    Online

  • Horas lectivas

    10h

Variance analysis is a kind of quantitative investigation which finds the difference between planned and actual behaviour. To exercise budgetary control, variance analysis is a very significant tool because it is used to maintain control over the business.

This unit aims to describe the different ways in which the management might monitor and guide the operations of a business to accomplish the required goals, mainly in respect of costs and sales. It also explains variance, direct material variances, direct material price variance, direct labour variances, direct labour (wages) rate variance and direct labour efficiency (time) variance.

Moreover, various topics such as overhead cost variance (OCV), variable overheads cost variance (VOCV), fixed overhead cost variance (FOCV), sales price variance, control of variances and variance reporting will be comprehensively discussed in this unit.

Información importante

¿Qué objetivos tiene esta formación?: Identify the factors responsible for deviation of actual performance from the standard performance and know how to take the necessary remedial measures.

¿Esta formación es para mi?: New or recent recruits to banking and financial organisations
Operations and support staff
Finance and accounting staff
Dealers and Traders

Precio a usuarios Emagister:

Requisitos: No prior knowledge is required to take this unit.

Sedes y fechas disponibles

Ubicación

comienzo

Online

comienzo

Fechas disponibles Cupos agotados

Materias

  • Sales
  • Sales Training
  • Analysis methodologies
  • Variance Analysis
  • Accounting Analysis
  • Variance
  • Accounting Audit
  • Variance reporting
  • Accounting Variance Analysis
  • Accounting Variance

Temario

Variance Analysis

Objectives:

After completing this course learners will be able to:

Describe the ways in which the management might monitor and guide the operations of a business to meet the desired goals, particularly in respect of costs and sales.

  • Identify the factors responsible for deviation of actual performance from the standard performance and know how to take the necessary remedial measures.

Program Content:

Lesson(s):

Introduction to Variance Analysis

Topics:

  • Meaning of Variance
  • Direct Material Variances
  • Direct Material Price Variance
  • Direct Labour Variances
  • Direct Labour (Wages) Rate Variance
  • Direct Labour Efficiency (Time) Variance
  • Overhead Cost Variance (OCV)
  • Variable Overheads Cost Variance (VOCV)
  • Fixed Overhead Cost Variance (FOCV)
  • Sales Price Variance
  • Control of Variances
  • Variance Reporting

Accounting Variance Analysis

Precio Emagister

S/. 51 S/. 206

*Precio estimado

Importe original en GBP:

£ 10 £ 40