14 Nov 22-18 Nov 22 (London, UK), 08 Aug 22-12 Aug 22 (London, UK), 23 May 22-27 May 22 (London, UK),

Course Overview

Course is designed for those in Finance / Accounts / Planning departments, especially those with direct responsibilities for generating financial data for departmental and corporate decision making.

 

Learning Outcome

• Explain why organizations need to know how much products, processes and services cost and why they need costing systems.
• Prepare cost statements for allocation and apportionment of overheads, including between reciprocal service departments.
• Explain how costs behave as product, service or activity levels increase or decrease.
• Calculate and interpret the breakeven point, profit target, margin of safety and profit/volume ratio for a single product or service.
• Explain the principles of manufacturing accounts and the integration of the cost accounts with the financial accounting system

 

Indicative Contents

• Cost determination
• Cost behavior and breakeven analysis
• Standard costing
• Preparation of cost statements and apportionment of overheads
• Cost for managerial decision making
• Costing and accounting systems
• Financial planning and control

 

More Detail
Duration	This is a one-week programme spread over 5 working days.
Certification	A certificate of completion is issued on successful completion of the programme.
Location	(London, UK), (London, UK), (London, UK)
Travel and accommodation	Travel and accommodation to be paid for at source by delegates.
Fees	£4,250 (Excl. VAT) per delegate for 1 week.