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Cost Awareness and Management
Overview
The course focuses on key aspects of cost control and management and provides an understanding of the importance of costs to both the decision making and performance evaluation process within an organisation.
Requirements
This course is for Managers, Executives, Budget Holders, Cost Controllers, Senior Management, Middle Management
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Training Course Outline
The Nature and Importance of Costs
The difference between financial and management accounting
Types of cost
Classification of costs
Fixed and variable costs
Direct and indirect costs
Managing and controlling costs
Role of costs in pricing strategies
Overheads
Absorption costing
Activity based costing
Overhead allocation and apportionment
Standard Costing
The planning process
Management by exception
Variance analysis
Marginal Costing
Break-even analysis
Contribution analysis
Cost / volume / profit relationship
Relevant Costing
Make or buy
Product termination
Special orders
Project discontinuation
Capital Investment Appraisal
Accounting rate of return
Payback
Discounted cash flow – NPV, IRR
Weighted average cost of capital
Time value of money
Sensitivity analysis
Training Course Dates
| Date | Training Outline | Venue | Price | Details | ||
|---|---|---|---|---|---|---|
| 2010-04-05 09:30 - 2010-04-06 16:30 | Cost Awareness and Management | North Acton, London | From 650 GBP per person | Check Price! >> | ||
| 2010-05-31 09:30 - 2010-06-01 16:30 | Cost Awareness and Management | North Acton, London | From 585 GBP per person | Check Price! >> | ||
| 2010-07-26 09:30 - 2010-07-27 16:30 | Cost Awareness and Management | North Acton, London | From 585 GBP per person | Check Price! >> | ||
| 2010-09-20 09:30 - 2010-09-21 16:30 | Cost Awareness and Management | North Acton, London | From 585 GBP per person | Check Price! >> | ||
| 2010-11-15 09:30 - 2010-11-16 16:30 | Cost Awareness and Management | North Acton, London | From 585 GBP per person | Check Price! >> |






