top of page

 

 

VIEW OUTLINE - PDF 

 

Start Date: 14 Jul, 2024

End Date : 18 Jul, 2024
Duration   : 5 Days

 

Overall Description: 

This course addresses key issues, such as cost analysis, continuous improvement of cost assignment, management control, and performance evaluation.

 

Course Objectives: 

  • Enhance cost awareness
  • Describe specific cost analysis and performance measurement techniques
  • Select the costing measurement system that works
  • Select the systems of performance measurement that works
  • Discuss real case studies
  • From cost to strategy to performance measurement
  • Broadening the management accounting knowledge
  • Enhance cost awareness
  • Enhance the ability to select the right costing measurement system
  • Enhance the ability to link cost to strategy to performance measurement

 

Course Outline (Content): 

Refining Cost Accounting Systems

  • Review of key Cost Concepts
  • Under-costing and Over-costing problems
  • Cost drivers and Activity-based costing
  • Advantages/disadvantages of ABC
  • Activity-based management
  • Problems and Examples
  • Case study illustration

From Cost Accounting to Management Control

  • Decentralized organizations
  • Cost/Profit/Investment centers
  • Transfer-pricing issues
  • Linkages with performance evaluation
  • Problems and Examples
  • Case study illustration

Performance Measurement

  • Measuring performance
  • Quantitative vs. Qualitative indicators
  • Return On Investment
  • Economic Value Added
  • Problems and Examples

 

Linking Strategy to Action

  • Financial perspective
  • Customer perspective
  • Internal Business Process perspective
  • Learning and growth perspective
  • Case study illustration (petroleum company)

For full outline details please view the PDF file.

Who Should Attend?

  • Professionals with direct financial responsibilities
  • Middle to senior managers from all sectors of industry, irrespective of functional responsibilities, but particularly those involved in manufacturing, production, engineering, or sales
  • Professionals working in a project management environment
  • Linking Strategy to Performance Measurement and to Action 

  • The Balanced Scorecard
  • Introducing the Balanced Scorecard

Course Methodology:

We utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This training course will be conducted as a highly interactive workshop session. A variety of training methodologies will be used Before and during the course whenever applicable. Some of these methods are gamification, online pre-post test, role plays, self-assessment instruments, group exercises & case studies.

Cost Analysis and Performance Measurement

$4,750.00Price
    833px-PDF_file_icon.svg.png
    bottom of page