Corporate Management Accounting and Decision Making Analysis-FA 8004

17th May - 21st May 2021 (London, UK) 2nd August - 6th August 2021 (London, UK) 1st November - 5th November 2021 (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

At the end of this course delegates will be better able to:

  • 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 break even 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. working days
Certification A certificate of completion is issued on successful completion of the programme.
Location London-UK
Travel and accommodation Travel and accommodation to be paid for at source by delegates
Fees Course fees for tuition, materials and certification: £4,250(Excl.VAT)per delegate for 1 week.
Zenith Professional Training