Strategic Management Accounting - Incorporating Balanced Score Card

HRODC Postgraduate Training Institute
En Birmingham (Inglaterra), Astana, Kazahkstan (Kazajstán), Athens, Greece (Grecia) y 15 sedes más

£ 5.000 - ($ 19.091.759)
+ IVA

Información importante

  • Training
  • Advanced
  • En 18 sedes
  • 30 horas lectivas
  • Duración:
    5 Days
  • Cuándo:
    A definir
Descripción

Study this course in Strategic Management Accounting with HRODC and you will surely learn about accounting and strategies to apply in this field.

Información importante
¿Qué objetivos tiene esta formación?

Key subjects that the seminar addresses include: relevant information for strategic decision making, management use of advanced and strategic management accounting information, strategic planning for business success, cost management and strategy, different approaches to costing, product costing in multinational firms, cost planning and budgeting, decision making with relevance costs and a strategic emphasis, performance measurement and balanced score card, a new role for the management accountant, designing strategic management accounting systems.

¿Esta formación es para mí?

Suitable for: this course is designed for: operational and production managers, marketing managers, managers with direct financial responsibilities, Executives, cost and management accountant. financial planners and costs analysts, senior managers who supervise people with financial responsibilities, financial and budget controllers.

Requisitos: Degree or Work Experience

Sedes

Dónde se imparte y en qué fechas

Inicio Ubicación
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Astana, Kazahkstan
Arka Street, 010 000, Kazahstan, Kazajstán
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Athens, Greece
Sofias Avenue, 11528, Grecia Central y Evvoia, Grecia
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Bahrain, Manama
Salman Highway, Bahrain, Bahréin
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Bangkok, Thailand
South Sathon Road, 10120, Bangkok, Tailandia
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Birmingham
B5 4st Birmingham, B5 4ST, West Midlands, Inglaterra
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Brussels, Belgium
Rue du Fosse-Aux-Loups, 1000, Bélgica, Bélgica
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¿Qué aprendes en este curso?

Strategic Management
Management
Budgeting
Accounting
IT
Accounting MBA
Planning
Management Accounting
IT Management
Balanced Scorecard
Pricing Decisions
Costing System
Activity-Based Costing (ABC)
Job-Costing Systems
Strategic Management Accounting
Total Quality Management (TQM)
Process Costing Systems
Cost Allocation
Cost Planning
Life Cycle Product Budgeting and Costing
Target Costing
Target Pricing
Strategic Cost Management
Activity-Based Management (ABM)
Customer Profitability Analysis
Management Control Systems
Value Chain Analysis

Programa académico

Course Contents, Concepts and Issues:

Management and Cost Management Fundamentals

A Review of Key Cost Concepts

  • The Accountant’s Role in the Organisation
  • An Introduction to Cost Terms and Purposes
  • The Use of Cost Management Information
  • Creating Cost-Aware Organizations
  • Review of Some Key Cost Concepts
  • Product vs. Period Costs
  • Direct and Indirect Costs
  • Cost Behaviour: Fixed and Variable Costs
  • Problems and Examples

Different Approaches to Planning and Budgeting

  • Fixed and Flexed Budget (Static and Flexible Budget)
  • Rolling Budget
  • Zero Based Budgeting
  • Activity Based Budgeting
  • Master Budget
  • From Costing To Budget: Interpreting Variances (Variance Analysis)
  • Integrate Continuous Improvement Into Variance Analysis.
  • Problems, Case Study and Exercises

Traditional and Activity-Based Approaches to Costing

  • Absorption (Full) vs. Variable Costing
  • Under-Costing and Over-Costing: The Consequences for Profitability
  • How to Refine a Costing System?
  • Activity-Based Costing (ABC) and Cost-Management (ABM)
  • Cost Hierarchy and Cost Drivers
  • Linking Resources, Activities and Management
  • Introducing Activity-Based Management (ABM)
  • Linkages between ABM and ABC – Monitoring Value Creation
  • Problems, Case Study and Examples

Other Advanced Approaches to Costing

  • Job-Costing Systems
  • Process Costing Systems
  • Cost Allocation
  • Cost Allocation: Joint-Cost Situation
  • Quality and Strategic Cost Management: The Concept of TQM
  • Problems, Case Study and Exercises

Cost Planning and Pricing Decisions: Life-Cycle-Costing, Target costing and Target Pricing

  • Linking Process Development to Costing
  • Costing and Pricing For Short Run
  • Costing and Pricing For Ling Run
  • Target Costing, Target Pricing and Its Implications
  • Three Major Influences on Pricing Decisions
  • Distinguish Between Cost Incurrence and Locked-In Costs
  • Cost plus Approach to Pricing
  • Customer Profitability Analysis
  • Life Cycle Product Budgeting and Costing To Assist In Pricing Decision
  • Problems, Case Study and Examples

Información adicional

 Cost:                      
£4,000.00  Per Delegate for UK Delivery
£5,000.00 Per Delegate for Delivery outside the UK