Costing and accounts
Page 8
If you've noticed an error in this article please click here to report it so we can fix it.
• At approximately four-weekly intervals, the Road Transport Industry Training Board will be holding costing and accounts courses for road haulage managers at Motec. The first courses, running until the spring of 1970, are fully booked but the series will continue into 1971, and it is hoped also to establish such courses in various colleges throughout the country.
The pilot course, held from NoVember 10-14, was attended by 15 managers from firms with fleets ranging from five to 270 vehicles and from places as far apart as Hayes and Halifax.
The costing and accounts course, spread over five days, is designed to give managers a practical understanding of the use of cost accountancy for planning and control purposes. The programme includes: —costing as a posibyr. aid to financial control and profit improvement: vehicle costing: cost analysis; recovery of business overheads from fleet operation; complete costing systems—the forms used and sources of information: cost schedules and rate-fixing for a job or contract, the profit and loss account and balance sheet, budgetary control and standard costs as a basis for the financial plan: management accounts; break-even analysis for vehicles and the business as a whole; liquidity control and the various ways of financing the business.