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Strategic Managerial Accounting:Cost Behavoiur, System and Analysis Course

By: Tom Associates Training  

Lagos State, Nigeria

11 - 14 Aug, 2020  4 days

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NGN 155,000

Venue: 5/7 Alade Lawal Street, Off Ikorodu Road, Anthony Village, Lagos

This course presents how Strategic Managerial Accounting primarily links the goals of the organization with its analysis of cost accounting as well as its management information systems.

But beyond the cost accounting elements, this Strategic Managerial Accounting course takes a significant view of the business and its competitors for developing and monitoring business strategy.

Course Contents

Day One

Significance of Management Accounting

Awareness of Competitive Conditions 

Strategies for Improving Business Operations

  • Budgeting
  • Costing
  • Market intelligence and competitor analysis.

Cost Analysis for Decision Making

  • Costing methods
  • Comparative production capacity computations
  • Economies of scope and scale computations
  • Supply chain processes analysis
  • Comparative technology deployment
  • Setting and auditing the Quality-Cost-Time (QCT) factors of projects.

Day Two

Sustainable Cost Analysis

  • Management of primary fixed asset base
  • Cost control measures
  • Supplier relationship analysis and management
  • Inventory management
  • Economic Value Analysis and management decisions
  • Strategic Management Accounting and Net Present Value
  • Quantitative analysis of cash flows and the qualitative issues.

DAY THREE

Internal and External Operations Management

  • Choice of appropriate business model

Integrated Measures

  • Balanced Scorecard analysis
  • Determined focus on critical result areas
  • Discipline with key performance indicators
  • Control systems to drive strategy.

Pricing Power Matrix

Cost Leadership and Product Differentiation Decisions  

Day Four

  • Critical Processes for Performance Elements
  • Preparation of Management Reports.
5/7 Alade Lawal Street, Off Ikorodu Road, Anthony Village, Lagos Aug 11 - 14 Aug, 2020

Registration: 08:30:am - 09:00:am

Class Session: 09:00:am - 16:00:pm

NGN 155,000.00(VAT Inclusive)
(Convert Currency)

Mr Abiodun Toki 08033019120

3 – 4 participants: 5% discount 5 or more participants: 10% discount
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