Standard Costs
THIS COURSE IS MEANT FOR
Where this course will take place?
In Monterrey: at Crowne Plaza Hotel Monterrey
In Mexico City (CDMX): at Salas Di Center en WTC (World Trade Center CDMX)
In Company: at your facilities
OBJECTIVE
Acquiring knowledge and developing skills to manage costs for control purposes, decision making and planning.
Face-to-face modality
TOPICS
I. STANDARD COSTS
A. Definition
B. Objectives
C. Accounting Basic Elements
II. INVENTORIES VALUATION AND PRESENTATION
A. Standard Costs Systems
III. PRODUCTION AND SALES COSTS STATEMENT
A. Elaboration
B. Fulfilling Tax Regulations about Sales Costs
IV. COSTS THREE ELEMENTS
A. Parameters to fix Standards
V. VARIATION COMPUTING
A. Primal Materials
B. Workforce
C. Fixed and Variable Manufactory Expenses
VI. REPORTING DESIGN
A. Understanding and Analyzing Standard Costs Variation
VII. STANDARD COSTS
A. Explaining Variation Causes
VIII. BUDGET VARIATION
A. Special models to explain budget variation and manufactory expenses volume; analyzing all accounts that are part of it.
BENEFITS
- Obtaining tools to implement cost systems.
- Being able to design reports for standard costs analysis.
- Accomplishing a better standard costs control.
