cost accounting - labour costing

  • Basics of Accounting
  • Basics of Cost Accounting

By attending Cost Accounting - Labour Costing workshop, Delegates will learn to:

  • Understand need of Labour Cost
  • Understand the Attendance and Pay Roll Procedure

  • Accounting and Finance Executives
  • Accounting and Finance Delegates
  • Cost Accounting Delegates
  • MBA Finance Delegates
  • B.Com Delegates

COURSE AGENDA

  • Labour Cost Control
  • Roles of Departments in Controlling Labour Cost
  • Factors Controlling Labour Cost
  • Collection of Labour Cost
  • Introduction
  • Difference between Direct and Indirect Labour Cost
  • Time Keeping
  • Traditional Methods of Time Keeping
  • Mechanical Time Keeping
  • Requisites of Good Time Keeping System
  • Time Booking
  • Reconciliation Gate Card and Job Card
  • Objectives of Time Keeping
  • Payroll Procedure
  • Idle Time
  • Overtime Premium
  • Effects of OT on Productivity
  • Steps for Controlling Overtime
  • Labour Turnover
  • Labour turnover due to new recruitment
  • Causes of Labour Turnover
  • Effects of Labour Turnover
  • Steps available for minimising labour turnover