In this course, individuals are introduced to the principles and processes of cost accounting for goods, services and activities.

In this course, individuals are introduced to the principles and processes of cost accounting for goods, services and activities. They learn how to do the following: collect and analyze information related to the elements of cost, calculate and breakdown costs, calculate and interpret variances from budgeted costs, record operations related to the job costing and process costing, and present cost information in financial statements and other financial reports. They will also develop operating budgets, cash budgets and forecasted financial statements, and learn to monitor and keep control over these budgets. Overall, students in this course learn how to use cost accounting-generated data and information to make sound, efficient and timely management decisions.

Canadian CPA With experience in finance for manufacturing organizations and experiences in teaching for higher education
This portal is provided as a training and development resource for City of Markham employees. Every course is delivered by a qualified subject matter expert or learning organization, is quantifiable in hours, and is verifiable — you receive a documented certificate of completion for every course you finish, stored on LearnFormula indefinitely.
If you hold a professional designation (for example in engineering, accounting, human resources, or law), courses may be counted as professionally relevant, verifiable learning activities toward your continuing professional development. Individual practitioners are responsible for confirming that an activity meets the requirements of their professional body. For questions about the City of Markham's training and development policies, please speak with your people leader or Human Resources.