Practical Costing Technique For Supervisor And Executive

Chat to get a Free Quotation

  • Private Class Price is Per Day not Per Pax
  • Send 1 or 20 pax for the same price
  • HDRF Claimable(SBL)

Private Class from

2400/day

(2 Days)

BENEFITS

Upon completion of this programme, participants will be able to:

  • Obtain a review on activity-based costing
  • Acquire an in-depth knowledge on marginal costing and break-even analysis
  • Understanding the practical aspects of costing
  • Comprehend the ROI analysis both for specific projects and general business situations
  • Go back to jobs and apply techniques learned to better use systems already in place, or to help implement new systems

AUDIENCE

This program is suitable for Supervisor, Executives, Officer, and Team Leader who are involved in accountings and costing.

Level for Executives and above

METHODOLOGY

This stimulating program will maximizes the understanding and learning through Lectures, presentations and discussions with participants, and follow up with hands-on exercises and discussions.

COST CONCEPT AND BEHAVIORS
  • Direct And Indirect Cost
  • Fixed And Variable Cost
  • Capital And Revenue Expenditure
  • Opportunity Cost
  • Sunk Cost
STRATEGIC COSTING MANAGEMENT
  • Apportionment And Absorption Of Overhead
  • Activity-Based Costing
  • Identified Value-Added Activities And Drivers
  • Product And Customer Profitability Analysis
COST PROFIT VOLUME ANALYSIS
  • Concept Of Contribution
  • Profit/Volume Ratio
  • Break-Even Analysis
  • Volume Needed To Attain The Targeted Profit
COST PROFIT VOLUME ANALYSIS (CONTINUATION)
  • Margin Of Safety
  • Limitation Of The Approach
  • Interpretation Of The Result
PROFIT PLANNING DECISION
  • Contribution Per Limiting Factors
  • Maximize Total Contribution By Optimizing Production Planning
  • Marginal Costing Pricing
  • Opportunity Cost Pricing
  • Special Order
  • Make Or Buy
COST MONITORING AND CONTROL
  • Budgeting Process
  • Function And Master Budget
  • Cash Flow Projection
  • Flexible And Fixed Budget
  • Variance Analysis
PERFORMANCE EVALUATION
  • Return On Investment
  • Return On Capital Employed
  • Cost Of Capital
  • Residual Income

Trainers