Instructor Led Cost And Budgetary Control Training
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From Human Resource & Organisational Development Consultancy (HRODC) Postgraduate Training Institute
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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Planning Costing and Budgeting for Executive Decision-Making
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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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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