Strategic Financial Decision-Making
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Introduction
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This course outline is designed for both financial and non-financial managers saddled with the responsibilities of departmental and organisational decision-making process.
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Who Should Attend
This training course is for Executives and Managers in corporate accounting departments, who are keen to develop their skills and improve their chances of career progression. It’s also for managers from all fields, including project managers, and even those in technology, distribution, and logistics, seeking a better understanding of the terms, contents, and the interpretation of the results provided by management accounting in reaching an informed financial decision to enhance organizational goals and objectives.’
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Course Content
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Element of cost and cost determination
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Costing and accounting systems
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Cost behaviour and break-even analysis
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Standard and Actual costing.
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Preparation of cost statements and appointment of overheads.
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Difference between Management Accounting and Financial Accounting principles
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Strategic investment decision regarding Make or buy decision.
Course Duration - 5 Days
Course Fee - £3200