Certificate in Manufacturing Finance Management Essentials
-- ViewingNowThe Certificate in Manufacturing Finance Management Essentials is a comprehensive course that equips learners with critical financial skills necessary for success in the manufacturing industry. This program emphasizes the importance of financial management in manufacturing, bridging the gap between financial theory and practical application.
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⢠Financial Accounting: Understanding the basics of financial accounting, including financial statements, budgeting, and cost accounting.
⢠Managerial Accounting: Learning how to use accounting information for decision-making, planning, and control in a manufacturing environment.
⢠Manufacturing Cost Management: Understanding the various costs associated with manufacturing, including direct materials, direct labor, and overhead costs.
⢠Activity-Based Costing (ABC): Learning how to allocate overhead costs to products using activity-based costing.
⢠Cost of Quality (COQ): Understanding the cost of quality and how to measure and reduce it in a manufacturing environment.
⢠Financial Management for Manufacturing: Learning how to manage financial resources in a manufacturing environment, including cash flow management, working capital management, and investment analysis.
⢠Capital Budgeting for Manufacturing: Understanding the process of capital budgeting and how to evaluate and select capital investment projects in a manufacturing environment.
⢠Risk Management in Manufacturing: Learning how to identify, assess, and manage risks in a manufacturing environment, including financial, operational, and strategic risks.
⢠Performance Measurement in Manufacturing: Understanding the key performance indicators (KPIs) used in a manufacturing environment and how to measure and improve performance.
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