Strategic Cost Management Tools and Their Role in Cost ReductionFinance and Accounting

In any city around the world 00447455203759 Course Code: AC/2021/034

Course Description

Course Duration: Five Training Days

Course Language : Arabic or English

Include:

Scientific material with TAB

Workshops

Reception and farewell at the airport

Daily lunch

Coffee Break

To register, please contact us by email.

info@caclo.co.uk

Training Objectives :

• Determine the cost per unit of production.

• Know the different cost management tools that can be used within the facility.

• How to combine more than one cost management tool in order to reduce costs and maximise profits

• Provide information on the actual cost in order to compare it with the estimated cost and assist management in correcting pricing policies.

Course Themes :

1. Basic Concepts of Cost Accounting

2. Classification of costs

3. Cost aggregation systems

3. indirect cost distribution systems

4. Prepare a list of industrial costs and determine the cost of the unit produced.

5. Activity-based cost system

6. Target cost and its relationship to standard costs

7. Product Lifecycle Cost System