When actual costs don’t match expected costs, someone needs to explain why—and that someone is usually you. This session helps finance professionals unpack, analyse, and explain cost variances using standard costing techniques. Whether you’re working in manufacturing, services, or supporting clients, this is about turning costing reports into business intelligence your team (or your client) can actually use.
R345,00 VAT incl.
Standard costing isn’t just an accounting exercise—it’s a decision-making tool. Whether you’re helping a factory, a construction project, or a service-based business, understanding cost variances can help uncover inefficiencies, control wastage, and protect margins. This session breaks down how standard costing works, how to calculate and interpret the key variances, and how to turn that analysis into action. Expect real-world examples, clear explanations, and tools you can use immediately in your role or practice.
By attending this webinar you will gain the following competencies
✅ How standard costing works—and when to use it
✅ The key cost variances (materials, labour, overheads) and how to calculate them
✅ What variances really mean for decision-making, pricing, and control
✅ How to investigate and explain variances to non-financial stakeholders
✅ How to use variance analysis to improve business performance—not just report it
The following event is awarded 3 CPD units in Management Accounting.
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