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The Internal Accountant’s Role in an Organization, Cost Terms and Purposes Course - Diploma

By: HRODC Postgraduate Training Institute, A Postgraduate-Only Institution

United Kingdom

13 - 17 Apr, 2020  5 days

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GBP 5,000

Venue: London

By the conclusion of the specified learning and development activities of the Internal Accountant's Role in an Organisation Course, the participant will be able to demonstrate a heightened understanding of the following concepts and issues:

Part 1: The Accountant’s Role in an Organisation

  • Accounting Discipline Overview,
  • Financial vs. Managerial Accounting,
  • Strategy and Management Accounting,
  • Management Accounting and Value,
  • The Value Chain Illustrated,
  • A Value Change Implementation,
  • Key Success Factors,
  • Planning and Control System,
  • A Five-Step Decision Making Process in Planning and Control,
  • Management Accounting Outlines,
  • A Typical Organisational Structure and the Management Accountant,
  • Professional Ethics.

Part 2: Cost Terms and Purposes

  • Basic Cost Terminology,
  • Cost Objects Example at BMW,
  • Direct and Indirect Cost,
  • BMW: Assigning Costs to a Cost Object,
  • Cost Examples,
  • Factors Affecting Direct/Indirect Cost Classification,
  • Cost Behaviour,
  • Cost Behaviour Summarised,
  • Cost Behaviour Visualised,
  • Other Cost Concepts,
  • Relevant Range Visualised,
  • A Cost Caveat,
  • Multiple Classifications of Costs,
  • Different Types of Firms,
  • Types of Manufacturing Inventories,
  • Types of Product Cost,
  • Accounting vs. Cost,
  • Cost Flows,
  • Cost Flows Visualized,
  • Multiple - Step Income Statement,
  • Cost of Goods Manufactured,
  • Other Cost Considerations,
  • Different Definitions of Costs for Different Applications,
  • The Common Features of Cost Accounting and Cost Management.
  • This internal accountant’s role in an organization, cost terms and purposes course is designed for:
  • Chartered Accountants,
  • Certified Accountants,
  • Licensed Accountants,
  • Cost Accountants,
  • Management Accountants,
  • Organizational Decision-makers,
  • Inventory Managers,
  • Quality Managers,
  • Pricing Specialists,
  • Balanced Scorecard Specialists,
  • Senior Managers,
  • Product Managers,
  • Operational Directors,
  • Profit Centre Managers,
  • Budget Specialists,
  • Strategic Managers
London Apr 13 - 17 Apr, 2020
GBP 5,000.00 + 250.00 (VAT)(The course cost does not include living accommodation. However, delegates are treated with the following: Continuous snacks throughout the Event Days; Hot Lunch on Event Days; City Tour; Hand-outs; Stationery.)
(Convert Currency)

Ms. Michelle +442071938392; +447487877573; +639368309409

We offer very attractive discount for groups of 3 and more people, from the same organisation, taking the same course. Courses are delivered in over 30 Cities including Miami, London, Dubai, Kuala Lumpur, Paris, Milan.
Prof. Dr. R. B. Crawford
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