This course will provide you the necessary skills and knowledge to analyse financial data, control costs, and improve profitability. It is accessible and practical, giving you the ability to apply what you learn immediately to your workplace.
By the end of this course, you should have developed the skills to make informed financial decisions, analyse risks and rewards, assess current financial positions and plan for future growth.
This course is 100% online and is designed to allow you to work at your own time and pace. The course resources are downloadable and you will have access to the course content for 6 months. Upon successful completion of the course, you will be awarded a UTS short course certificate.
The topics and key themes covered in this course include:
- Budgeting
- Sales and production budgets
- Material purchase, direct labour and manufacturing overhead budgets
- Cost-Volume-Profit Analysis
- Cost behaviour
- Contribution margin
- Break-even analysis
- Decision making
- Special order decisions
- Outsourcing decisions.