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From Meirc Training and Consulting
Certificate in Cost Management
Discover the importance of analyzing and managing costs. Explore Activity-Based Costing (ABC) and Activity- Based Management (ABM). Realize the importance of process costing and cost allocation. Develop important tools for planning and decision making. Evaluate and manage performance through strategic cost management.
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Certificate in Cost Management
From Human Resource & Organisational Development Consultancy (HRODC) Postgraduate Training Institute
Evaluating the Performance of Industrial Investments



The Contents, Concepts and Pertinent Issues of the course:
1.) General Concepts for Understanding Business Performance
- Rate of Return on Investment (ROI)
- Operating income
- Minimum acceptable income
- Residual Income
- Product innovation and leadership
- Primary Cost Drivers
- Critical Success Factors
- Corporate Performance Measurement
- Integrating Strategic Planning, Budgeting
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Evaluating the Performance of Industrial Investments
Strategic Management Accounting Incorporating Balanced Score Card


PROGRAMME OBJECTIVES:
Participants gain the insights they need to win in the global marketplace. Key subjects that the seminar addresses include:
- Relevant information for strategic decision making
- Management use of advanced and strategic management accounting information
- Strategic planning for business success
- Cost management and Strategy
- Different Approaches to
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Strategic Management and Strategic Cost Management


PROGRAMME OUTLINE
1. Cost management and Strategy; with a review of key cost concepts
- The use of cost management information
- The issue of 'costing'
- Creating cost-aware organizations
- Review of some key cost concepts
- Product vs. Period costs
- Direct and Indirect Costs
- Cost behaviour: Fixed and Variable Costs
- Problems and Examples
2. Different
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Planning Costing and Budgeting for Executive Decision-Making


PROGRAMME OBJECTIVES:
Participants attending the programme will:
- Understand stages in the planning process
- The multiple functions of budgets
- Understand the importance of a well-defined budget process
- Learn planning, costing and budgeting terminology used in business
- Master techniques for cost-benefit analysis
- Learn how to construct profit, cash and balance sheet plans and
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Bank Cost and Budgetary Control


WORKSHOP - PROGRAMME OUTLINE
DAY 1 - Cost management and Strategy; with a Review of Key Cost Concepts
- The use of cost management information
- The issue of 'costing'
- Creating cost-aware organizations
- Review of some key cost concepts
- Product vs. Period costs
- Direct and Indirect Costs
- Cost behaviour: Fixed and Variable Costs
- Problems and Examples
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Advanced Budgeting For Business Enhancement


Objectives:
At the conclusion of the specified learning and development activities, delegates will be able to:
- Demonstrate an understanding of a costa as a feature of organizations
- Display a heightened understanding of a costa as a control mechanism
- Exhibit a high level of understanding of cost information generation
- Illustrate how cost information can be
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Financial Accounting and Management Accounting


PROGRAMME OUTLINE
FINANCIAL ACCOUNTING
Part One: A conceptual framework: setting the scene
Module 1: Who needs accounting?
Learning outcomes
- Introduction
- The development of a conceptual framework
- The Statement of Principles
- Types of business entity
- Users and their information needs
- General purpose or specific purpose financial statements?
- Stewards
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Advanced Cost Management for Business Competitiveness


The details of the course:
1. PROGRAMME OBJECTIVES
Participants gain the insights they need to win in the global marketplace. Key subjects that the seminar addresses include:
- Information for informed management decisions
- Management use of management accounting information
- A new role for the management accountant
- Cost management and Strategy
- Basic Cost and Cost
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From Amplios Academy
Activity Based Costing Workshop 1 Day



Training objectives
The purpose of this seminar is to:
> Provide an introduction, and in-depth examples of ABC at work
> Communicate the value of ABC applications, to the business, in business language
> Provide participants with the ability to calculate the Return On Investment (ROI) for ABC implementation projects
Training method
The training method involves:
> Description of the theory
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From Effective Outsource Networks
Manage Costing Budgeting Effectively 6 Sep 2012
As dramatic changes in the financial markets work their way through the economy, organisations face the issue of making difficult costing and budgeting choices to ensure that their decisions are profitable for the company. Hence, it is crucial for managers and executives to understand the approach behind cost calculation so that they are able to obtain a strong balance in allocating resources as
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