Welcome to this Online Course on Standard Costing

In this course you will learn :

1.Introduction to Standard Costing Techniques

2.Standardd Cost Definition

3.Setting up of Standard Cost

4.Standard Costing Definition

5.Physical Standards

6.Material Quantity Standards

7.Labour Time Standards

8.Problems in setting physical standards

9.Overhead Standards

10.Types of Standards

11.Need for Standard Costing

12.Process of Setting Standards

13.Types of Variances

14.Introduction to Standard Costing Variances

15.Material Cost Variance

16.Material Price Variance

17.Material Usage Variance

18.CS Material Cost Variance

19.Comprehensive Case Study on Material Cost Variance

20. MCV more than one material

21.Comprehensive Case Study MCV

22.Labour Cost Variance

23.Labour Rate Variance

24.Labour Efficiency Variance

25.Case Study Labour Cost Variance

26.Comprehensive Case Study LCV

27.Overhead Cost Variance

28.Production Volume Variance

29.Overhead Expenses Variances

30.Variable Overhead Cost Variance

In this course you will learn :

1.Introduction to Standard Costing Techniques

2.Standardd Cost Definition

3.Setting up of Standard Cost

4.Standard Costing Definition

5.Physical Standards

6.Material Quantity Standards

7.Labour Time Standards

8.Problems in setting physical standards

9.Overhead Standards

10.Types of Standards

11.Need for Standard Costing

12.Process of Setting Standards

13.Types of Variances

14.Introduction to Standard Costing Variances

15.Material Cost Variance

16.Material Price Variance

17.Material Usage Variance

18.CS Material Cost Variance

19.Comprehensive Case Study on Material Cost Variance

20. MCV more than one material

21.Comprehensive Case Study MCV

22.Labour Cost Variance

23.Labour Rate Variance

24.Labour Efficiency Variance

25.Case Study Labour Cost Variance

26.Comprehensive Case Study LCV

27.Overhead Cost Variance

28.Production Volume Variance

29.Overhead Expenses Variances

30.Variable Overhead Cost Variance

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.