Online Course on Labour Costing

Online Course on Labour Costing

Take this Course for $10
Welcome to this Online Course on Labour Costing

In this course you will learn :

1.Introduction to Labour Costing
2.Difference between Direct and Indirect Labour Cost
3.Labour Cost Control
4.Roles of Departments in Controlling Labour Cost
5.Factors Controlling Labour Cost
6.Collection of Labour Cost
7.Time Keeping
8.Traditional Methods of Time Keeping
9.Mechanical Time Keeping
10.Requisites of Good Time Keeping System
11.Time Booking
12.Reconciliation Gate Card and Job Card
13.Objectives of Time Keeping 
14.Payroll Procedure
15.Idle Time
16.Overtime Premium
17.Effects of OT on Productivity
18.Steps for Controlling Overtime
19.Labour Turnover
20.Labour turnover due to new recruitment
21.Causes of Labour Turnover
22.Effects of Labour Turnover
23.Steps available for minimising labour turnover

Course Curriculum

Introduction to Labour Costing
Difference between Direct and Indirect Labour Cost
Labour Cost Control
Roles of Departments in Controlling Labour Cost
Factors Controlling Labour Cost
Collection of Labour Cost
Time Keeping
Traditional Methods of Time Keeping
Mechanical Time Keeping
Requisites of Good Time Keeping System
Time Booking
Reconciliation Gate Card and Job Card
Objectives of Time Keeping
Payroll Procedure
Idle Time
Overtime Premium
Effects of OT on Productivity
Steps for Controlling Overtime
Labour Turnover
Labour turnover due to new recruitment
Causes of Labour Turnover
Effects of Labour Turnover
Steps available for minimising labour turnover
author

CA N Raja Natarajan

Instructor

I am a Chartered Accountant with tonnes of passion for teaching.

I teach Financial Management & Strategic Financial Management for Chartered Accountancy, Cost and Management Accountancy and Company Secretary students in Ernakulam, India. I also hold Post Graduate Diploma in Business Administration in Finance from Symbiosis, Pune and Bachelors in Commerce, from Loyola College, Chennai.

I worked in State Bank of India as Assistant Vice President - Credit for a period of four years after which i started my Chartered Accountancy Practice. During the stint in State Bank of India, I worked on credit proposals of Mid Corporate Units and gained good experience in Financial Analysis, Risk Assessment, Viability Study, Evaluating business models, Project Finance, Working Capital Management, etc.

I conduct work shops for Entrepreneurs, Chartered Accountancy / Cost and Management Accountancy Students on the topics like Project Finance, Credit Risk Assessment, Entrepreneurship Development, Finance for Non Finance Executives, etc.

I love teaching and i want fundamentals of accounting and finance to reach students and so i am here.