Hệ thống tính giá thành theo quy trình - Kế toán chi phí - Kế toán quản trị

Welcome to this course, where we delve into the intricacies of cost accounting in manufacturing companies utilizing process costing systems. This comprehensive course introduces you to managerial accounting topics specific to process cost systems and equips you with the essential knowledge and skills required for accurate cost classification, tracking, and allocation.

Starting with an overview of managerial accounting and cost accounting concepts, we explore the classification of costs and the significance of categorizing costs in various ways. Understanding the flow of costs through the accounting process in a manufacturing company is crucial, and we provide a comprehensive outline of this process.

We compare and contrast the two primary inventory costing systems used in manufacturing companies: job cost system and process cost system. You will gain insights into the circumstances in which each system is used, helping you identify the most suitable approach for different manufacturing scenarios.

In our exploration of the process cost system, we meticulously trace the flow of inventory costs. We track costs related to raw materials, their progression through work-in-process and factory overhead, their transformation into finished goods, and their ultimate expensing as cost of goods sold.

The course covers the concept of overhead and its importance, including the distinction between actual overhead incurred and estimated overhead applied to departments. You will learn how to calculate predetermined overhead rates and utilize them to estimate overhead allocated to different departments accurately.

Recording journal entries related to costs within the process cost system is a critical aspect, and we guide you through each step. You will gain hands-on experience in entering journal entries for the transfer of raw materials, direct and indirect wages, overhead costs, allocation of overhead to work-in-process, department transfers, finished goods, sales transactions, and cost of goods sold.

We delve into the calculation of the cost per equivalent unit and the assignment of costs to ending work-in-process and transferred-out amounts. We explore both the First In First Out (FIFO) and Weighted Average methods, ensuring you have a comprehensive understanding of cost allocation techniques.

Throughout the course, we provide clarity on key terms and definitions related to job cost systems, enhancing your practical knowledge and application of cost accounting concepts.

In addition to the instructional videos, the course includes a range of valuable resources, including downloadable PDF files for offline reference, preformatted Excel practice files to facilitate hands-on learning and reinforce Excel skills, multiple-choice practice questions to improve test-taking abilities, short calculation practice questions for concise problem-solving, and discussion questions for engaging in meaningful conversations with fellow students.

Your instructor, a seasoned professional with expertise in accounting concepts and software, is a Certified Public Accountant (CPA), Chartered Global Management Accountant (CGMA), and a curriculum development expert. With a wealth of practical experience and teaching proficiency, the instructor is committed to helping you achieve your learning objectives.

If you're an accounting student, aspiring accountant, business owner, or professional seeking to enhance your cost accounting skills, this course provides the comprehensive knowledge and practical tools needed to master process costing systems and make informed managerial decisions. Enroll now and embark on a transformative learning journey in cost accounting!