عربي
عربي
Passionately developing careers since 2000.
عربي
عربي
Why Attend
Cost management is a fundamental skill in accounting and financial management, extending its impact to all financial departments and positions within an organization. Cost management covers many accounting concepts, such as financial operations, their arrangement, and costing. This training course focuses on cost accounting activities that support critical decision-making, such as whether an organization should continue or stop producing a product. This training course also covers internal service cost allocation, cost estimation, and transfer pricing, concluding with performance evaluation principles, briefly addressing the balanced scorecard and resource scarcity management.
Overview
Course Outline
Schedule & Fees
Methodology
This course relies on numerous training materials, examples, and exercises, where participants will exchange knowledge and professional experiences.
Course Objectives
By the end of the course, participants will be able to:
Understand the importance of cost analysis and management
Cost accounting activities and management (ABC)
Explain the importance of cost accounting and allocation processes
Design tools to support planning and decision-making
Evaluate and manage performance through strategic cost management methods
Target Audiences
This training course is aimed at financial or administrative managers, accountants, budget controllers, analysts, and planning managers. Budgeters, administrative coordinators, operations managers, and all professionals interested in cost management.
Target Competencies
Related Costs
Cost Management
Cost Allocation
Product Costing
Value-Added Costing
Evaluating Cost Alternatives
Performance Evaluation
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