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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
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.