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Cost Accounting Level 3

Posted in Accounting

Aims

The aims of this qualification are to enable candidates to develop:

  • an understanding of advanced aspects of the processing of cost accounting information, including stock control
  • a detailed understanding of how cost accounting information can be used for the purposes of short-term planning, control and decision making within business organisations
  • the ability to apply this understanding in a variety of business settings

Target Audience

This qualification is suitable for candidates who are working in a cost accounting environment at a level that requires some depth of cost accounting knowledge and skills.

Level of English Required

Candidates are expected to haveof English equivalent to Level B2.

Syllabus Topics

The Level 3 Certificate in Cost Accounting is a single unit qualification that consists of the range of topics detailed below:

  • Materials and stock control
  • Costing methods and systems
  • Cost-volume-profit (CVP) analysis
  • Budgetary planning and control
  • Standard costing and variances
  • Accounting systems

Assessment Objectives

The examination will assess the candidate’s ability to:

  • demonstrate knowledge and understanding of advanced aspects of the processing of cost accounting information
  • demonstrate knowledge and understanding of short-term planning and control principles, techniques and processes
  • apply this knowledge and understanding in a variety of business settings

Guided Learning Hours

To complete successfully this module an average of 140-150 hours is needed. This figure includes personal study hours, direct contact hours, as well as other time when candidates 'work is being supervised by teachers. A suggested three-month course (12 weeks) is listed below:

 Personal Study Hours  Direct contact hours Supervised Hours 
 100  18  30

Study method

Flexible, part – time study through distance learning.

Study materials

  • Course guide
  • Study books
  • You will need a computer with Internet access in order to participate to the weekly webinars

Examination availability

On-demand

Courses

  1. June - September. Summer course
  2. October – December
  3. January – March
  4. April - June

Free downloads:

Cost Accounting Level 3

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Contact Details

PEAC
Phone numbers:
Athens: +30 2110123070
Thessaloniki: +30 2311242248
M: +30 6984625302-3-4
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