Overview

The Cost Accounting Workshop is a very important, comprehensive, and essential program designed to develop the skills of cost and management accounting to be

an active learning approach and techniques by using the business best practice.

Learning the costing methods will help you to build the right Budgeting and cost-control business from scratch giving you the best practices and guidance to have an integrated and dynamic business model supporting decision-making.

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Outcome

Identify costing concepts .


Develop skills in cost and management accounting.


Learn efficient techniques to deliver more analysis, faster and more accurately.


Build a budget and cost-control process


Improve time-saving techniques and the ability to run a dynamic module.

Details

Developed by: Beacon FinTrain

Standard Total Hours: 18 Hrs

Language: English - Bilingual "English & Arabic"

Modalities: 
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Outline

Cost behavior and cost objects

Actual and normal costs

Standard costs Absorption (full) costing

Variable (direct) costing

Job order costing

Process costing

Activity-based costing

Fixed and variable overhead expenses

Plant-wide versus departmental overhead

Determination of allocation base

Allocation of service department costs

Theory of constraints and throughput costing

Cost-Volume-Profit Analysis

Operations and performance goals

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Who Should Attend

  • Professionals who need to build
  • modify
  • and understand budgeting
  • cost
  • and management accounting
  •  Professionals with some costing experience
  •  Corporate finance and structured finance professionals
  •  Cost Accountants
  • Management Accountants
  • Financial reporting accountants
  • Budgeting managers
  • and Financial Managers.

Why Beacon

Quality

Beacon FinTrain prioritizes excellence in every service, ensuring top-notch, reliable, and consistent outcomes that meet and exceed client expectations.

Specialization

We focus on finance, offering expert knowledge and bespoke solutions that cater to the unique needs of finance professionals in the Middle East and Africa.

Punctuality

Time is money. We respect deadlines, delivering precise and timely results to help our clients stay ahead in the fast-paced financial world.

Guidance

Beacon FinTrain is a guiding light in finance, providing insightful advice and support to navigate the complexities of financial markets and regulations.

Integrity

We uphold the highest ethical standards, fostering trust and transparency in all our dealings to build lasting relationships with clients.

Flexibility

Adapting to the dynamic finance sector, we offer versatile services and solutions that align with the evolving needs of our clients.