Standard Costs and Variances – Simplified

This course explains the concepts of standard costing and manufacturing variances in simple terms that individuals with and without financial background can understand and more importantly leverage for improved performance.

Finance may be the language of business, but not everyone speaks it. That’s why it is often challenging to develop a common understanding of financial concepts across the organization. Financial leaders should share this course with non-financial team members to establish a common approach and leverage the organization’s understanding of these concepts and drive performance.