Evaluating Your Costing System

Your product costing system is instrumental in helping your business make decisions related to costs. Without an up-to-date and accurate system in place, your profits may be at stake. This course is part of the Managing Budgets series, a series designed to help organizations prepare and manage their budgets. In this course, you’ll learn how to recognize when your costing system needs to be evaluated and ways to challenge your costing system to be more accurate and efficient. At the end of this course, you’ll be able to apply a flexible, informed approach to evaluating your own costing system.