The principles and use of cost control explained by a non-accountant for Operational Management and Supervision. Understand and control your costs, budgets and profits.
This workshop is for emerging managers who are required to run their activity profitably to meet financial as well as operational targets. The sessions will enable participants to understand and use financial information to the benefit of the Company, gain better control and reduce costs.
Style
This course will be participative and focus on the aspects of finance which are important. You should not expect accounts to be a dry and mysterious nuisance - this course shows that costs are a challenging, and sometimes amusing, technical subject - easily understood and used.
Benefits of the course
Better cost management of processes and targeting of profitable activities
Fuller use of financial information to control the day-to-day activities
Improved budgeting and better use of financial planning giving wider management skills
Focus on lower costs through confidence to interpret and create financial information.
Topics
Cost Control
Elements of
cost
Practical
cost reduction
Financial management
Income
generators
Capitals
and revenue
Budgeting
Budgeting
techniques
Risk management
Financial Accounts
Profit
& Loss Accounts
Break even
analysis
Cash Flow
Invoicing
and debtors
Capital
expenditure
Management Controls
Analysing
performance
Applications
to your own business
The
sessions will include a major hands-on interactive case study.
For further details email
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