COST ACCOUNTING TECHNIQUES FOR COST MONITORING AND CONTROL

1 DAY TRAINING

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Introduction:

This course is tailored to accounting and finance personnel seeking to enhance their proficiency in cost accounting techniques for effective cost monitoring and control. Participants will learn cost accounting techniques and tools, to equipping them with the skills necessary to analyze, monitor, and control costs within their organizations. Through practical examples, case studies, and
interactive exercises, participants will gain insights into optimizing cost structures and improving financial performance.

Learning Objectives:

Explore concept of cost accounting for cost monitoring and control.

Develop strategies for integrating cost accounting with other management functions to enhance overall organizational performance

Understand the role of cost accounting in optimizing cost structures and improving
profitability.

Learn important techniques to control cost

Learn how to analyze cost variances and identify areas for cost reduction.

Gain proficiency in performance measurement and benchmarking using cost accounting data.

Acquire skills in implementing cost control measures and monitoring cost effectiveness.

HRDC Certificate Of Attendance:

Yes

Target Audience:

Finance manager

Procurement personnels.

Finance executives

Account executives

Methodology:

Interactive Lectures

Q&A Sessions

Case Studies

Group Exercises

Role-Playing

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