Inventory Management, Simplified Costing, Capital Budgeting And Cost Analysis

HRODC Postgraduate Training Institute
En Central London (Inglaterra)


Información importante

  • Curso
  • Central london (Inglaterra)
  • Duración:
    5 Days
  • Cuándo:
    A definir

Suitable for: This course is designed for: Chartered Accountants, Certified Accountants, Licensed Accountants, Cost Accountants, Management Accountants, Organisational Decision-makers, Inventory Managers, Quality Managers, pricing Specialists, balanced Scorecard Specialists, Etc.

Información importante

Requisitos: Degree or Work Experience


Dónde se imparte y en qué fechas

Inicio Ubicación
A definir
Central London
Carburton Street, W1W 5EE, London, Inglaterra
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¿Qué aprendes en este curso?

Capital Budgeting
Inventory Management
IT Management
Simplified Costing Methods

Programa académico

Course Contents, Concepts and Issues:

Inventory Management, Just-in-Tiime (JIT) and Simplified Costing Methods

  • Inventory Management in Retail Organizations
  • Costs Associated with Goods for Sale
  • Management of Inventory Costs
  • The First Step in Managing Goods for Sale
  • Basic EOQ Assumptions
  • EOQ Formula
  • Ordering and Carrying Costs Illustrated
  • Ordering Points
  • Ordering Points Illustrated
  • Inventory Management and Safety Stock
  • Safety Stock Computation Illustration
  • Estimating Inventory-Related Relevant Costs
  • Carrying Costs
  • Opportunity Costs
  • Cost of a Prediction Error
  • Just-in-Time Purchasing
  • Relevant Costs in JIT Purchasing
  • Relationship between Carrying and Ordering Costs Illustrated
  • Analysis of Alternative Purchasing Policies Illustrated
  • JIT Purchasing and Supply-Chain Analysis
  • Supplier Evaluation Illustrated
  • Inventory Management and Materials Requirements Planning
  • MRP Information Inputs
  • Inventory Management and JIT Production
  • JIT Production Goals
  • JIT Production Features
  • Other Benefits of JIT Production
  • JIT and Enterprise Resource Planning Systems (ERP)
  • Performance Measures and Control in JIT
  • Backflush Costing
  • Special Considerations in Backflush Costing
  • Sample Journal Entries in Backflush Costing
  • Sample General Ledger Flows in Backflush Costing
  • Lean Accounting

Capital Budgeting and Cost Analysis

  • Two Dimension of Cost Analysis
  • Project and Time Dimensions of Capital Budgeting Illustrated
  • Capital Budgeting
  • Five Stages in Capital Budgeting
  • Four Capital Budgeting Methods
  • Discounted Cash Flows
  • Net Present Value (NPV) Method
  • Three-Step NPV Method
  • NPV Method Illustrated
  • Internal Rate of Return (IRR) Method
  • IRR Method Illustrated
  • NPV vs. IRR Methods
  • Sensitivity Analysis Illustration
  • Payback Method
  • Accrual Accounting Rate of Return Method (AARR)
  • AARR Method Formula
  • Evaluating Managers and Goal-Congruence Issues
  • Relevant Cash Flows in DCF Analysis
  • Net Initial Investment
  • Cash Flow from Operations
  • Terminal Disposal of Investment
  • Cash Flow Effects from Investment Decisions, Illustrated
  • Managing the Project
  • Strategic Considerations in Capital Budgeting

Información adicional

Inventory Management, Simplified Costing, Capital Budgeting And Cost Analysis - Leading to Diploma-postgraduate, Progressing to Postgraduate Diploma, Accumulating to Ma, Mba, Msc, Incorporating