Cost Accounting: A Managerial Emphasis

Objectives:

This course is designed to clarify the importance of cost accounting and analysis. A profound, yet comprehensive, coverage of cost, principles, concepts, tools and techniques by which organizations avoid profit loss will be thoroughly explained. The course aims at viewing this subject as a vital tool that enhances a manager’s ability to improve profitability and competitiveness. Concepts, quantitative techniques, examples, exercises and case studies shall be given from a wide variety of industrial, merchandising and service sectors

Target Group

This course is intended for managers and will be very useful for engineers working in various professional organizations, industrial, merchandising and service corporations, general managers and students in industrial engineering and engineering management.

Contents:

1. Introduction
2. The accountant's role in the organization
3. Major purposes of accounting systems
4. Management accountants and customer focus
5. Supply and value chain
6. Management themes and changes in management
7. Professional ethics
8. Worked examples and case studies
9. Cost terms and purposes
10. Cost objects and cost drivers
11. Fixed and variable costs
12. Direct and indirect costs
13. Total and unit costs
14. Budget income statements
15. Worked examples and case studies
16. Cost-Volume-Profit (CVP) analysis
17. CVP analysis and revenues
18. CVP analysis and margin of safety
19. Operating leverage
20. Sensitivity analysis
21. Sale mix and multiple cost drivers
22. Worked examples and case studies

Course duration:

4 Days / 20 Hours 



For more details don’t hesitate to contact the training officer: 

on telephone number 17383001
or e-mail at:  gizrmrmt.yzsizrm@gztrgizrmrmt.xln