From cost chaos to complete control

Cost Accounting and Management

working-people

Profit is not what's left over. It's what's planned for.

Learning objectives

  • Understand and apply basic concepts, methods and approaches of cost accounting to different organisations and for different reasons
  • Apply various techniques such as activity-based costing, Kaizen, value analysis, target costing, life cycle to analyse and manage costs
  • Prepare cost analysis and reports to enable management to make informed decisions

Proposed program

The training program below is a sample and can be modified to meet the unique business needs of the organization.

  • Cost elements, cost structure, cost behaviour, cost drivers
  • Job costing
  • Batch costing
  • Process costing
  • Marginal costing
  • Absorption costing
  • Reconciliation
  • Actual costing
  • Normal costing
  • Standard costing
  • Variance calculations
  • Reconciliation reports
  • Standard costing automation
  • Basic steps to calculating an activity based cost
  • ABC: benefits and limitations
  • Direct product profitability (DPP) within the retail sector
  • Customer profitability analysis (CPA)
  • Distribution channel profitability
  • Time-driven activity-based costing (TDABC)
  • Activity-based management (ABM)
  • Kaizen costing versus standard costing concepts
  • Value chain analysis
  • Value analysis
  • Functional analysis
  • Target costing stages
  • Target costs and standard costs
  • Kaizen costing and target costing
  • Product / customer life cycle budget

Organisational information

Target audience

CFOs, finance business partners, management accountants, financial / cost controllers, planning and analysis specialists, internal auditors, accountants.

Timing and delivery

Please contact us. The training session will be delivered at a time agreed upon by PwC’s Academy and the Client. Trainers will be dedicated to conduct the training session according to their availability.

Duration: 16 hours

Format: Open training, LIVE/Online

Language: English

We offer this course in a closed form, tailored to the needs of a given client.

 

Price

Please contact us. Because of flexible deployment of the program, the price is determined individually and will depend on the scope and unique business needs of the client.

Contact us

Aleksandra Marcinkowska

Manager, PwC Poland

Tel: +48 519 507 345

Sebastian Budzich

Training Coordinator, PwC Poland

Tel: +48 519 504 217

Arkadiusz Radomyski

Senior Training Coordinator, PwC Poland

Tel: +48 571 778 162

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