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Cost Control Process and Management

Cost Control Process and Management

By Studyhub UK

5.0(2)
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Highlights

  • On-Demand course

  • 2 hours 8 minutes

  • All levels

Description

Unveiling the Art of Financial Mastery: Cost Control Process and Management

Embark on a journey into the financial heart of business with our meticulously crafted course, 'Cost Control Process and Management.' Brace yourself for an immersive exploration of the fundamentals, intricacies, and strategic insights that underpin effective cost control. This course is not just about numbers; it's a narrative of financial acumen, offering a backstage pass to the world of production control and tests. Picture this as your personal compass through the labyrinth of cost control processes, where each section serves as a stepping stone towards financial command.

Learning Outcomes

  • Grasp the fundamentals and intricacies of cost control.
  • Master the cost control process from initiation to execution.
  • Develop expertise in production control through practical tests.
  • Acquire skills in implementing checks and balances for cost efficiency.
  • Learn effective monitoring techniques using reports and checklists.

Why choose this Cost Control Process and Management course?

  1. Unlimited access to the course for a lifetime.
  2. Opportunity to earn a certificate accredited by the CPD Quality Standards and CIQ after completing this course.
  3. Structured lesson planning in line with industry standards.
  4. Immerse yourself in innovative and captivating course materials and activities.
  5. Assessments designed to evaluate advanced cognitive abilities and skill proficiency.
  6. Flexibility to complete the Course at your own pace, on your own schedule.
  7. Receive full tutor support throughout the week, from Monday to Friday, to enhance your learning experience.
  8. Unlock career resources for CV improvement, interview readiness, and job success.

Who is this Cost Control Process and Management course for?

  • Business professionals seeking financial acumen.
  • Entrepreneurs aiming for optimal cost management.
  • Management professionals desiring a competitive edge.
  • Aspiring financial analysts and consultants.
  • Individuals pursuing a career in business administration.

Career path

  • Cost Control Analyst: £30,000 - £50,000
  • Financial Manager: £40,000 - £80,000
  • Business Analyst (Cost Management): £35,000 - £60,000
  • Management Accountant: £30,000 - £55,000
  • Financial Controller: £45,000 - £90,000
  • Director of Finance: £60,000 - £120,000

Prerequisites

This Cost Control Process and Management does not require you to have any prior qualifications or experience. You can just enrol and start learning.This Cost Control Process and Management was made by professionals and it is compatible with all PC's, Mac's, tablets and smartphones. You will be able to access the course from anywhere at any time as long as you have a good enough internet connection.

Certification

After studying the course materials, there will be a written assignment test which you can take at the end of the course. After successfully passing the test you will be able to claim the pdf certificate for £4.99 Original Hard Copy certificates need to be ordered at an additional cost of £8.

Course Curriculum

Section 01: Introduction & Fundamentals
Introduction and Fundamental Terms 00:09:00
Fundamental terms - Perishable / Non Perishable cost, Inventory Terms 00:05:00
Qualities of Good Cost Controller 00:07:00
Section 02: Cost Control process
Cost Control Process and Controls related to Purchasing 00:10:00
How to estimate Kitchen food Order Process Simplified 00:06:00
How to Setup Store PAR for to identify re-order levels 00:06:00
Basic Receiving Process Controls 00:07:00
Basic Store Process controls 00:08:00
Section 03: Production Control and Tests
Production Controls 00:05:00
Recipe Card & Controls 00:08:00
Buffet Costing and Menu Pricing 00:08:00
Section 04: Test and Checks in Cost Control
Butcher test 00:09:00
Bar Spot Checks and Recipe Testing 00:06:00
Production Control Via Menu Engineering 00:08:00
Slow and Non Moving Inventory 00:03:00
Section 05: Monitoring via reports and Checklist
Daily & Monthly Food Cost Reports 00:11:00
Menu Engineering Reports 00:09:00
Cost Control Checklist 00:03:00
Assignment
Assignment - Cost Control Process and Management 00:00:00

About The Provider

Studyhub UK
Studyhub UK
London, England
5.0(2)

Studyhub is a premier online learning platform which aims to help individuals worldwide to realise their educational dreams. For 5 years, we have been dedicated...

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