Code Dates Location Fees Languages Register
AC 104-01 01-Oct - 05-Oct-2017 dubai $ 4450 english Register Now
AC 104-02 14-Jan - 18-Jan-2018 dubai $ 4450 english Register Now
AC 104-03 18-Mar - 22-Mar-2018 doha $ 4450 english Register Now
AC 104-04 20-May - 24-May-2018 cairo $4250 english Register Now
AC 104-05 12-Aug - 16-Aug-2018 istanbul $4850 english Register Now
AC 104-06 14-Oct - 18-Oct-2018 kuala-lambur $4850 english Register Now
AC 104-07 16-Dec - 20-Dec-2018 london $5200 english Register Now

Introduction

This course will discuss the examination of the concepts, theories, principles, and practices of cost accounting; development of quantitative and qualitative methods for analyzing raw data to provide useful decision-making information; and exploration of the use of various cost accounting techniques that support the business decision-making process and GAAP inventory costing

Objectives

  • Examining a business situation, applying the IMA Code of Ethics, and formulating an acceptable course of action 
  • Learning how to analyze historical data in order to estimate costs for future management decision making 
  • Understanding how to calculate appropriate product costs within a designated business environment
  • Preparing and interpret budgets and operating results through variance analysis 

Who Should Attend?

  • Accounting managers
  • Accountants
  • Cost, budget, and systems analysts
  • Auditors  
  • Financial planners
  • Anyone interested and wanted to develop his performance in accounting

Methodology

This interactive Training will be highly interactive, with opportunities to advance your opinions and ideas and will include;

  • Lectures
  • Workshop & Work Presentation
  • Case Studies and Practical Exercise
  • Videos and General Discussions

Certificate

BTS attendance certificate will be issued to all attendees completing minimum of 80% of the total course duration.

Contents

DAY 1

  • Introduction to cost accounting
  • Introduction to cost analysis
  • Costanalysis and estimation 
  • Fundamentals of costing

DAY 2

  • Review the institute of management accountants’ standards of ethical conduct for management accountants
  • Overview of sarbanes-oxley legislation
  • Cressey’s fraud triangle

DAY 3

  • Review cost-volume-profit analysis
  • Review the behavior of variable, fixed, and mixed costs
  • Contribution margin vs. gross margin income statements
  • Effect of taxes on CVP analysis
  • Estimation of cost functions
  • Regression analysis

DAY 4

  • Detailed inventory cost flows for manufacturers and service companies
  • Job order costing
  • Process costing
  • Transferred-in costs
  • Activity based costing 
  • Graphical presentation of direct and indirect cost pools and flows
  • Cost pools & rate calculations
  • Direct (variable) and absorption (full) costing

DAY 5

  • Transfer pricing
  • Master/Static budget
  • Static and flexible budgets
  • Variance analysis
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