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  • By Oxford Certificate
  • November 2, 2021
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Accountant Of The Commercial And Industrial Institutions E-Learning

Virtual training for accountants in commercial and industrial enterprises is a branch of accounting science and technology. Which is responsible for collecting information about cost factors and calculating the cost of products and services. Managers calculate the cost of products using industrial accounting, or cost accounting. And exercise control over material costs, wages, and other production costs. Managers will have difficulty deciding to increase production or other decisions and how to make their decisions if they do not have accurate reports of cost factors.

It is sometimes thought that the application of industrial accounting and cost is limited to factories and manufacturing industries. However, it is perhaps the most famous application in this direction. But other institutions have also benefited from cost accounting. And cost accounting methods are used in banks, insurance companies, wholesalers, transportation companies, airlines, universities and hospitals for greater efficiency.

In this course, learners will be introduced to the topics of industrial accounting in a completely practical and practical way.

Definition of industrial accounting:
There are many definitions of industrial accounting (cost accounting). The following two definitions are among them.

  • Industrial accounting is a branch of the accounting information system. Which collects, processes and presents information on product manufacturing costs for use in management accounting and financial accounting.
  • Industrial accounting refers to a branch of accounting that collects information about cost factors, calculates the cost of products and services, and also provides useful information for management decisions through the analysis and analysis of production costs. And is responsible for methods of reducing the cost of production by analyzing reports and reviewing production methods.

What in the virtual training course for accountants of commercial and industrial enterprises:

  • Understand industrial accounting comprehensively
  • Flexible and standard budget
  • Comprehensive budget
  • Analysis of financial statements
  • Cost accounting

Prerequisites for the training of accountants in commercial and industrial enterprises:
This course does not require any special prerequisites and is taught from the ground up.

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