Recent trends in cost accounting management ( TCM)

Recent trends in cost accounting management ( TCM)

Enriching participants' knowledge and enhancing their professional performance in the areas of cost planning, measurement and control, and using the outputs of the costing system as a database in the field of policy formulation, comparison between alternatives, and operational and investment decision-making.

Training Target

Cost accountants - regardless of their job levels and practical experience - as well as those working in the areas of budgeting and performance evaluation, internal auditors and those responsible for evaluating proposals and studying alternative positions, whatever their job titles.

Recent trends in cost accounting management ( TCM)

Training Details

The cost component: economic and accounting concepts.

The costing cycle, and the problems of measuring the unit cost of activity.

- Qualitative analysis, and record the costs of qualitative elements.

- Job analysis, and record costs of centers.

- Behavioral analysis, and the implications of the degree of flexibility of the element on cost management.

- Loading the utilized costsUtilization Costing Method versus Total Costing Method.

- The additional burdens, and the impact of the advanced charging of costs in determining the price of the service provided.

Introduction to total cost management.TCM) and developments in planning, measurement and performance evaluation:

- Updates on facing the problem of distributing indirect costs using an approach ( ABC).

- Cost reduction developments, and the impact of using an entrance JIT).

Updates on cost structure analysis for the purpose of reducing it Cost Reduction.

- securitization Securitization and developments in reducing the cost of financing activities.

- Economic quantity demand model, and developments in reducing the cost of warehousing activities and warehouse catering activities.

- Updates of decision-making and decision-making, and practical applications using the cost parity point Indi-erence Cost Point.

- Updates on cost control and its economics report:

 A - Based on the estimated cost Estimated Cost.

B - based on the standard cost (subjective criteria)Standard Cost.

C - Depending on the target cost (industry standards)Target Cost.

- performance accounting Per-ormance Accounting and preparation of performance reports and responsibility reports.

Full application cases and workshops.

Practice problems, proposals for solutions.

Training Enrollment

Code Venue Start End Price Enroll Now
acc38 kuala lampour Sep 24, 2023 Aug 28, 2023 3000 $
acc38 kuala lampour Sep 22, 2024 Sep 26, 2024 3000 $

Description

Enriching participants' knowledge and enhancing their professional performance in the areas of cost planning, measurement and control, and using the outputs of the costing system as a database in the field of policy formulation, comparison between alternatives, and operational and investment decision-making.