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Internal Accountant's Role in an Organisations, Cost Terms and Purposes Seminar or Course

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Comments about Internal Accountant's Role in an Organisations, Cost Terms and Purposes Seminar or Course - At the institution - London - Greater London

  • Course description
    Part 1: The Accountant’s Role in an Organisation Ø  Accounting Discipline Overview;Ø  Financial vs. Managerial Accounting;Ø  Strategy and Management Accounting;Ø  Management Accounting and Value;Ø  The Value Chain Illustrated;Ø  A Value Change Implementation;Ø  Key Success Factors;Ø  Planning and Control System;Ø  A Five-Step Decision Making Process in Planning and Control;Ø  Management Accounting Outlines;Ø  A Typical Organisational Structure and the Management Accountant;Ø  Professional Ethics.  Part 2: Cost Terms and Purposes Ø  Basic Cost Terminology;Ø  Cost Objects Example at BMW;Ø  Direct and Indirect Cost;Ø  BMW: Assigning Costs to a Cost Object;Ø  Cost Examples;Ø  Factors Affecting Direct/Indirect Cost Classification;Ø  Cost Behaviour;Ø  Cost Behaviour Summarised;Ø  Cost Behaviour Visualised;Ø  Other Cost Concepts;Ø  Relevant Range Visualised;Ø  A Cost Caveat;Ø  Multiple Classifications of Costs;Ø  Different Types of Firms;Ø  Types of Manufacturing Inventories;Ø  Types of Product Cost;Ø  Accounting vs. Cost;Ø  Cost Flows;Ø  Cost Flows Visualized;Ø  Multiple - Step Income Statement;Ø  Cost of Goods Manufactured;Ø  Other Cost Considerations;Ø  Different Definitions of Costs for Different Applications;Ø  The Common Features of Cost Accounting and Cost Management.

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