Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
This course will be an overview of steps in developing manufactured product cost information using process costing, the various process costing methods—weighted average, standard costs, and FIFO costs used by a manufacturing firm and special situations that occur in process costing within the manufacturing industry.
Topics Include:
- Process Costing
- Methods Used in Process Costing
- Additional Procedures and Special Situations in Process Costing
Key Takeaways
After completing this course, the learner should be able to:
- Define process costing.
- Identify the steps in process costing and reporting in manufacturing firms.
- Calculate manufactured product costs using weighted average costs method.
- Calculate manufactured product costs using standard costs method.
- Calculate manufactured product costs using the FIFO method.
- Recognize special situations that occur in manufacturing facilities that use process costing.
Who Will Benefit
This course is for anyone involved with the budget process; including CFOs, COOs, Controllers, CEOs, accountants, Board members, consultants and those who advise them.
Disclaimer
Most of CPA Ontario's 450+ on-demand courses are compatible with the mobile app. Unfortunately, this on demand course is not compatible. For the best learning experience, we suggest you use your computer.
How to Access the Course
To access the course please visit our BlackBoard site, and log-in using the same login and password used for the Registration Portal.
Please allow up to 15 minutes after registration for the course to appear on your BlackBoard page.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Scott Larson has over 30 years of business experience in financial reporting, consolidating, and analysis. In several Controllership roles with publically traded companies, Scott assumed leadership for month end close and financial statement preparation and integrity. This included establishment and implementation of systems, internal controls and process improvement efforts to maximize team efficiency and effectiveness. Scott is an agile professional that has proven to add value quickly on engagements.