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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

22 - 26 Jan, 2018  5 days

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GBP 5,000

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 Jan 22 - 26 Jan, 2018
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.)
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+44 7736147507; +44 1902 763607; +44 2071935906

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.
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