- TypeTraining or Development Class
- Location Devimpact Institute, Nairobi, Kenya
- Date 16-10-2023 - 20-10-2023
Education/Teaching/Training/Development
Accounting/Financial/Banking/Insurance
More managers and business owners are looking to streamline procedures and optimize resource usage in today’s fiercely competitive corporate climate. By minimizing financial waste, those in cost and management accounting roles contribute significantly to maximizing profit. They are responsible for supplying information that can aid in economical decision-making.
The training on cost management accounting exposes participants to the fundamental ideas behind this function and goes over a number of key ideas, including job costing, process costing, absorption costing, and variable costing. Participants will learn how to do a cost-volume-profit (CVP) analysis and utilize budgets to manage finances and also how to use costings to make informed management decisions.
Target Participants
Cost management accounting is designed for; accounting and finance professionals, managers, consultants, and anyone who wants to improve their knowledge on coast and management accounting.
Course Duration
Online 7 Days
Classroom-based 5 Days
What you will learn
By the end of this course the participants will be able to:
Course Outline
Introduction
Components Of Financial Statements
Cost Accounting
Variance Analysis
Working Capital Control
Budget Process and Management
Capital Expenditure
Training Approach
This cost management accounting course is delivered by our seasoned trainers who have vast experience as expert professionals. The course is taught through a mix of practical activities, presentations, group works and case studies.
Training manuals and additional reference materials are provided to the participants.
Certification
Upon successful completion of this cost management accounting course, participants will be issued a certificate.
Tailor-Made Course
We can also do this as a tailor-made course to meet organization-wide training needs. A training needs assessment will be done on the training participants to collect data on the existing skills, knowledge gaps, training expectations and tailor-made needs.