Program Objectives:
By the end of the program, participants will be able to:
- Discover the importance of analyzing and managing costs.
- Explore Activity-Based Costing (ABC) and Activity- Based Management (ABM).
- Realize the importance of process costing and cost allocation.
- Develop important tools for planning and decision making.
- Evaluate and manage performance through strategic cost management.
Who should attend:
- Financial managers/directors, accountants, financial assistants, budget accountants, analysts, budget and planning managers and coordinators, operations managers, facilities managers and any professional interested in cost management.
Course Outline:
- Strategic Need for Analyzing and Managing Costs
- Cost Management Decisions
- Activity-Based Management
- Cost Estimation and Transfer Pricing
- Evaluating and Managing Performance
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