Description

Certification Name: Certified Cost Accountant

Global Occupational Skill Standard – GOSS ID: GOSS/BAF/CCA/V1

Eligibility: Graduation or Equivalent or minimum 2 years of relevant experience (experience-based learners can directly enroll and certify).

Objective: The Certified Cost Accountant course is designed to equip participants with the knowledge and skills to manage, analyze, and control costs within an organization to support financial efficiency and profitability. The course covers cost accounting principles, cost control techniques, budgeting, standard costing, variance analysis, cost allocation, financial reporting, and decision-making based on cost data.

Certification: Within 5 days after Completion of Online Assessment.

Get ready to join the Journey to become a GSDCI Certified Professional  – International Certification and Assessment Body.

Steps to become a GSDCI Certified Professional:

Step 1: Select your certification you want to pursue.

Step 2: Click on get certified tab, new pop up window will open.

Step 3: Click on pay certification fee, you will be redirected to billing details page.

Step 4: Fill your details and click on pay certification fee, you will be redirected to payment gateway, pay fee by any available options like Card (Debit/Credit), Wallet, Paytm, Net banking, UPI and Google pay.

Step 5: You will get Login Credentials of Online E-Books and Online assessment link on your email id, within 48 hrs of payment.

Step 6: After completion of online assessment, you can download your Certificate Immediately.

Assessment Modules:

Module 1: Fundamentals of Cost Accounting: Introduction to cost accounting, Objectives and benefits of cost accounting, Cost concepts and classifications, Cost accounting principles and standards, Role of cost accounting in decision-making, Case studies of cost management

Module 2: Cost Recording and Control: Recording of costs, Material cost control and inventory management, Labor cost control and payroll accounting, Overhead allocation and absorption, Standard costing and variance analysis, Cost reconciliation and reporting

Module 3: Costing Methods and Techniques: Job costing and batch costing, Process costing and operation costing, Activity-based costing (ABC), Marginal costing and contribution analysis, Target costing and life-cycle costing, Cost allocation and apportionment techniques

Module 4: Budgeting and Financial Planning: Budget preparation and planning, Types of budgets (flexible, master, zero-based), Budgetary control and variance analysis, Forecasting techniques, Capital budgeting and investment appraisal, Financial decision-making using cost data

Module 5: Cost Analysis and Performance Measurement: Cost-volume-profit (CVP) analysis, Break-even analysis, Product and service profitability analysis, Performance measurement using cost metrics, Benchmarking and cost optimization, Management reporting and decision support

Module 6: Strategic Cost Management and Ethics: Strategic cost management principles, Value chain analysis and cost reduction strategies, Lean accounting and process improvement, Ethical considerations in cost accounting, Compliance with accounting standards and regulations, Continuous improvement and professional development

GSDCI Online Assessment Detail:

• Duration- 60 minutes.
• Number of Questions- 30.
• Number of Questions from each module: 5.
• Language: English.
• Exam Type: Multiple Choice Questions.
• Maximum Marks- 100, Passing Marks- 50%.
• There is no negative marking in any module.

Benefits of Certification:

🌍 1. Global Recognition & Credibility – Stand out worldwide with a certification that opens doors across borders. Trusted by employers, respected by institutions, and recognized in over 100 countries.

📜 2. Quality Assurance through ISO Certification – Certified to global ISO standards, our programs deliver excellence, consistency, and a benchmarked learning experience that speaks for itself.

💼 3. Career Advancement & Employability – Enhances your resume and increases chances of promotions or job offers.

🤝 4. Non-Profit Trust Factor – Certifications from non-profit organizations are mission-driven rather than profit-driven.

📚 5. Access to Verified Learning & Resources – Often includes e-books, mock tests, and online support without hidden costs.

🔍 6. Transparency & Online Verification – Certifications come with a unique Enrolment ID for easy online verification by employers and institutions.

⏳ 7. Lifetime or Long-Term Validity – Certifications usually have lifetime validity or long-term recognition, reducing the need for frequent renewals.