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Diploma in Cost Behaviour Analysis at QLS Level 3 Certification

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Overview Cost analysis technique is widely used by businesses to make decisions that are cost effective. As the task of …

Overview

Cost analysis technique is widely used by businesses to make decisions that are cost effective. As the task of cost analysis usually falls under the accounting or finance department, this Diploma in Cost Behaviour Analysis at QLS Level 3 has been developed to help aspiring accountants and finance executives to carry out impressive cost analysis activities. This course also cater for accounting and finance professionals looking to progress in their career, as this course addresses all the latest developments in cost analysis.

This informative course will thoroughly educate you about the various costs in an organisation and how they react to changes within an organisation. You will also learn how to manage costs so that they do not greatly impact the operating profits, while getting exposed to other topics such as breakeven and target income.

This course offers an opportunity for learners to discover about the simulation analysis and how it can be used to predict the outcome of a decision. The CVP analysis will also be adequately covered through this course, along with an insight into its assumptions and tips and tricks used by professionals worldwide.

The Quality Licence Scheme, endorses high-quality, non-regulated provision and training programmes. This means that Global Edulink* has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The completion of this course alone does not lead to a qualification but may be used as evidence of knowledge and skills gained. The Learner Unit Summary may be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this subject. To this end the learning outcomes of the course have been benchmarked at Level 3 against level descriptors published by Quality Licence Scheme, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.

The course itself has been designed by Global Edulink* to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current qualifications. Quality Licence Scheme endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met. A review of courses is carried out as part of the endorsement process.

This course has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course is not regulated by Ofqual and is not an accredited qualification. We will be able to advise you on any further recognition, for example progression routes into further and/or higher education. For further information please visit the Learner FAQs on the Quality Licence Scheme website.

*Study365 is an approved reselling partner for Quality Licence Scheme courses under Global Edulink

  • Why consider learning at study365?
  • Learning outcomes
  • Access duration
  • Who is this course aimed at?
  • Entry requirements
  • Method of Assessment
  • Certification
  • Endorsed by
  • Progression and career path
  • Other benefits

With so many commitments in our lives, we may not have the time to learn new skills. The beauty of studying online is that you get to find this balance between your education and your daily commitments

Study 365 offers hundreds of online courses to students across the world. Gaining new skills has never been this easy as many of our courses are open to students with little or no qualifications or previous experience. All the courses are up-to-date, relevant, affordable, and will build on existing expertise or give you a jump-start to a new career. The courses are meticulously designed and equals what is offered in a classroom setting. With a solid reputation that has established and made us made us one of the most trusted and reliable online course providers we offer the most convenient path to gain skills and training that will give you the opportunity to put into practice your knowledge and expertise in your chosen career. You can learn at your own pace at Study 365 and you will be provided with all the necessary material, tutorials, qualified course instructor, narrated e-learning modules, interactive quizzes and free resources which include Free CV writing pack, free career support and course demo to make your learning experience enriching and more rewarding. 

  • Understand what it implies by cost behaviour and cost behaviour analysis
  • Learn about breakeven and target income
  • Discover how the simulation analysis can be used to predict the outcome of a decision
  • Identify how to use the cost-volume-profit analysis to determine the changes in costs and volume in an organisation’s operating profit
  • Get into terms with the assumptions of a CVP analysis

The course will be directly delivered to you, and you have 12 months access to the online learning platform from the date you joined the course.  The course is self-paced and you can complete it in stages, revisiting the lectures at any time.

  • Accounting and finance students
  • Accounting and finance professionals looking for a way to progress in their respective careers
  • Anyone interested in learning more about cost analysis
  • Learners should be age 19 or over, and must have a basic understanding of Maths, English, and ICT.
  • A qualification at level 2 or above in any discipline.

This online course is assignment-based with learners being assessed upon the submission of a series of assignments. Once you successfully submit the assignments, students will gain an academic certification. The assignments must be submitted to the instructor through the online learning portal. The assignments will be reviewed and evaluated, with feedback provided to the student on how well they have fared.

Those who successfully complete the course will be issued the Diploma in Cost Behaviour Analysis at QLS Level 3 by the Quality Licence Scheme.

The Quality Licence Scheme is part of the Skills and Education Group, a charitable organisation that unites education and skills-orientated organisations that share similar values and objectives. With more than 100 years of collective experience, the Skills and Education Group’s strategic partnerships create opportunities to inform, influence and represent the wider education and skills sector.

The Skills and Education Group also includes two nationally recognised awarding organisations; Skills and Education Group Awards and Skills and Education Group Access. Through our awarding organisations we have developed a reputation for providing high-quality qualifications and assessments for the education and skills sector. We are committed to helping employers, organisations and learners cultivate the relevant skills for learning, skills for employment, and skills for life.

Our knowledge and experience of working within the awarding sector enables us to work with training providers, through the Quality Licence Scheme, to help them develop high-quality courses and/or training programmes for the non-regulated market.

This certificate will desirably enhance your expertise to land employments across various industries. You can also take this certificate as an opportunity to expand our education in the area or to make significant progress in your career. Given below are some of the jobs this certificate will help you land, along with the average UK salary per annum according to https://www.payscale.com/career-path-planner,

  • Accountant – £28,498 per annum
  • Cost Analyst – £24,368 per annum
  • Accounts Assistant – £18,806 per annum
  • Accounts Executive – £22,224 per annum
  • Staff Accountant – £24,115 per annum
  • Written and designed by the industry’s finest expert instructors with over 15 years of experience
  • Repeat and rewind all your lectures and enjoy a personalised learning experience
  • Unlimited 12 months access from anywhere, anytime
  • Save time and money on travel
  • Learn at your convenience and leisure
  • Eligible for a TOTUM discount card

Course Curriculum

1: What is Cost Behaviour
What is Cost Behaviour
2: Analyse Cost Behaviour
Analyse Cost Behaviour
3: Break Even Point and Target Income 1
Break Even Point and Target Income 1
☑ Assignment
Assignment Brief I – Diploma in Cost Behaviour Analysis at QLS Level 3
☑ Submit Your Assignment
(A) Assignment Submission I – Diploma in Cost Behaviour Analysis at QLS Level 3
4: Break Even Point and Target Income 2
Break Even Point and Target Income 2
5: Understand Sensitivity Analysis part 1
Understand Sensitivity Analysis part 1
6: Sensitivity Analysis part 2
Sensitivity Analysis part 2
☑ Assignment
Assignment Brief II – Diploma in Cost Behaviour Analysis at QLS Level 3
☑ Submit Your Assignment
(A) Assignment Submission II – Diploma in Cost Behaviour Analysis at QLS Level 3
7: Apply Cvp for Multiple Products
Apply Cvp for Multiple Products
8: How to Apply Cvp for Business Analysis
How to Apply Cvp for Business Analysis
☑ Assignment
Assignment Brief III – Diploma in Cost Behaviour Analysis at QLS Level 3
☑ Submit Your Assignment
(A) Assignment Submission III – Diploma in Cost Behaviour Analysis at QLS Level 3

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