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Cost Analysis

  • Overview ImageOverview
  • Outline ImageCourse Outline
  • Scheduled ImageScheduled 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.
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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
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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.

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Location

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  • Finance and Accounting

London

$4,900

London

Duration: 20 CPD hours (5Days)

date: 15 - 19 Jul 2024

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  • Finance and Accounting

London

$4,900

London

Duration: 20 CPD hours (5Days)

date: 16 - 20 Sep 2024

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  • Finance and Accounting

Dubai

$4,900

Dubai

Duration: 20 CPD hours (5Days)

date: 18 - 22 Nov 2024

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  • Finance and Accounting

Cost Analysis

Duration:5 Days (20 CPD hours)

date:15 - 19 Jul 2024

London

London

$4,900


Register Now
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Why Choose London Training For Excellence?

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    Reliability

    We will never cancel a confirmed booking

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    Support

    We offer around the clock support

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    Tailored

    We customise our courses to suit your personal learning needs

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    Quality

    Our courses are delivered by highly experienced industry experts

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    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.

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Cost Analysis

  • United KingdomLondon
  • calendar15 - 19 Jul 2024
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Cost Analysis

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  • United KingdomLondon
  • 15 - 19 Jul 2024
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