Advanced Cost Control Techniques

Published on May 01 2020 // Uncategorized

Advanced Cost Control Techniques

 

Descriptions

Cost Control can contribute greatly to achieving optimal levels of profitability as well as the difference between total revenue with total cost contribute to the achievement of profit. This training will give participants insight into management in making the best decisions, relevant and for the long term.

 

Objectives

After this training, participants are expected to:

  1. Identify and classify costs, calculate mark-ups and profit margins
  2. Forecast costs, including apportioning and absorb the fixed costs by using various techniques
  3. Conduct a simple direct product profitability analysis and cost lifecycle
  4. Identify the cost of working capital
  5. Conducting variance analysis and analytical reviews of cists
  6. Identify relevant costs for long-term decision making

 

Materials

1. The nature of costs

  • Variable, fixed and semi-variable costs
  • Range of stepped fixed costs
  • Forecasting and profit margins/ mark-ups

2. Apportioning the fixed costs

  • Fixed costs, activity based costing and direct product profitability
  • Life cycle costing

3. Working capital financing costs

  • The cost of giving credit or discounts
  • The cost of holding inventory

4. Costs and decision-making

  • Relevant costs for a decision
  • Outsourcing and changing the nature of costs

5. Analyzing differences

  • Cost variances and interpretation
  • Analytical review

6. Costs and uncertainty

  • Sensitivity analysis
  • Other techniques for analyzing uncertainty and risk
  • Sourcing from overseas and F/X rates

 

Participants

This training is intended for Management of Accounting and Finance Division and professionals who need knowledge about Cost Control.

 

Methods

Presentation, Discussion, Brainstorming, Case Study

 

Time

  •  2-4 June 2020
  • 29-30 June 2020
  • 1-3 July 2020
  • 28-30 July 2020
  • 5-7 August 2020
  • 18-19 August 2020
  • 2-4 September 2020
  • 28-30 September 2020
  • 7-9 October 2020
  • 26-28 October 2020
  • 4-6 November 2020
  • 2-4 Desember 2020
  • 22-24 December 2020
  • 29-31 December 2020

 

Place

  • Ibis Style Hotel Yogyakarta
  • Gino Feruci Hotel Bandung*
  • Sofyan Betawi Menteng Hotel Jakarta*
  • Ibis Style Kuta Circle Hotel Bali*
  • In House Training*

 

The Facility and investment

  • The facility: Hard Copy Material, USB Flash disk, Training Kits, Coffee Break & Lunch, Certificate, Photo Group, Souvenir;
  • Investment of Rp. 6000.000,- (Six million rupiah) per participants nonresidential
  • The price is not including taxes

 

Instructor

Yunita Anggarini, M.Si & Team

 

* For more information please contact Customer Service

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