Cost Analysis Course - Credit Control & Finance

Overview
Course Outline
Scheduled Dates

Course Overview

This five-day training course is designed to provide participants with an understanding of the principles and methods of cost analysis. Participants will learn how to analyse costs, identify cost drivers, and develop effective cost reduction strategies. The course will also cover topics such as cost behaviour, cost-volume-profit analysis, activity-based costing, and budgeting.

Objective:

Upon completion of this course, participants will be able to:

Understand the principles and methods of cost analysis.
Analyse costs and identify cost drivers.
Develop effective cost reduction strategies.
Understand cost behaviour and cost-volume-profit analysis.
Understand activity-based costing and its applications.
Develop effective budgeting strategies.

Course Outline

Day 1

Introduction to Cost Analysis

Principles and methods of cost analysis
Types of costs
Cost behaviour and analysis
Developing a cost analysis strategy

Day 2

Identifying Cost Drivers

Understanding cost drivers
Identifying and measuring cost drivers
Cost driver analysis techniques
Cost allocation methods

Day 3

Cost Reduction Strategies

Developing a cost reduction strategy
Lean management techniques
Process improvement techniques
Target costing

Day 4

Cost-Volume-Profit Analysis

Understanding cost-volume-profit analysis
Break-even analysis
Margin of safety analysis
Sensitivity analysis

Day 5:

Activity-Based Costing and Budgeting

Understanding activity-based costing
Implementing activity-based costing
Developing effective budgeting strategies
Monitoring and reporting on budget performance

Schedule & Fees

3 For 2Offer

Get the most out of group training with our special discount! Register 3 of your participants together on the same course and only pay for 2.

Select Month

All
May
July
September
November

Location

All
Dubai
London

Finance and Accounting

London

$4,900

Duration: 20 CPD hours (5Days)

date: 13 - 17 May 2024

Finance and Accounting

London

$4,900

Duration: 20 CPD hours (5Days)

date: 15 - 19 Jul 2024

Finance and Accounting

London

$4,900

Duration: 20 CPD hours (5Days)

date: 16 - 20 Sep 2024

Finance and Accounting

Dubai

$4,900

Duration: 20 CPD hours (5Days)

date: 18 - 22 Nov 2024

Finance and Accounting

Cost Analysis

Duration:5 Days (20 CPD hours)

date:13 - 17 May 2024

London

$4,900

CPD Standards

Employees of professional or formally regulated bodies are generally expected to have CPD accredited training. This type of accreditation ensures that the training is knowledgeable, informed and constantly updated. It ensures our standards as a company are kept high and consistent.

100000+ Members in
59+ Countries with
3000+ Chapters

Why Choose London Training For Excellence?

Reliability

We will never cancel a confirmed booking
Support

We offer around the clock support
Tailored

We customise our courses to suit your personal learning needs
Quality

Our courses are delivered by highly experienced industry experts
Recognition

All our courses are accredited by the CPD Standards Agency

Frequently Asked Questions

How can training courses be used as a company benefit?

Training is hugely beneficial to both yourself and your company. It enables you to employ new technologies, increases your productivity and enables you to be more autonomous. Have a look here at our infographic on the importance of training and development!

How often do you update your course content to ensure relevancy?

Our course content is constantly reviewed and updated to ensure we stay up to date with all the latest trends. After every course is completed we review the feedback and improve the material where necessary.

Do you keep your classroom environment and instructional methodologies current with today’s real-world workplace?

Yes, we focus our training on ‘real-world’ scenarios and our trainers are all highly experienced and skilled in their relevant fields.

Are your courses eligible for professional certification?

Yes, we offer certification with all our courses, every course is entitled to CPD (Continuous Professional Development) hours which you can put towards your professional portfolio.

Get In Touch Today