The training programme «Cost Management»It immerses you in the world of corporate financial management, providing you with the tools and strategies you need to understand, control and optimise an organisation’s operating costs. You will be able to explore fundamental concepts of costs, cost accumulation systems, analytical techniques y cost improvements, as well as the influence of costs on business decision-making. You will also develop skills in drawing up and monitoring budgets, and you will be introduced to tools y technologies advanced financial management techniques. You will apply this knowledge in an engaging way through interactive activities and educational resources such as self-assessment and revision exercises.
Corporate
Corporate
30 hours
Cost Management
Corporate
30 hours
Introduction
Objectives
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Understanding the Fundamentals of Cost Accounting.
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Apply Cost Analysis Techniques.
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To take Informed Financial Decisions.
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Draw up and monitor Quotes..
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Use Technological Tools.
Table of Contents
TEACHING UNIT 1. MANAGING THE COMPANY’S DIRECT COSTS.
- Cost control and management
- Reduction in direct costs
- Strategies for reducing labour costs
TEACHING UNIT 2. REDUCING FIXED COSTS. HOURS.
- Reduction in fixed costs
- Hypofunction and its treatment
TEACHING UNIT 3. MANAGEMENT ACCOUNTING SYSTEMS: FULL COST AND DIRECT COST.
- Development of the Full Cost model
- Direct Cost Standard and Operational Tables
- Differences between the two models
TEACHING UNIT 4. INNOVATING BUSINESS MANAGEMENT: THE CBA SYSTEM.
- Development of the CBA model
- Differences between the Full Cost, Direct Cost and CBA models
TEACHING UNIT 5. CREATING QUALITY WITHIN THE COMPANY.
- Value chain development
- Quality management
- The costs of quality and of poor quality
TEACHING UNIT 6. HOW SHOULD WE PRICE OUR PRODUCTS?
- Factors influencing pricing decisions
- Pricing strategy
TEACHING UNIT 7. MANAGEMENT OF THE PRODUCTION PROCESS.
- The purchasing process within the company
- The PDCA cycle in production
TEACHING UNIT 8. WAREHOUSE MANAGEMENT.
- The layout of a warehouse
- Basic procedures for receiving and dispatching materials
- PMP and FIFO methods
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