Costing and Budgeting

Course Description

It is important for managers to identify cost behavior and understanding the fundamental interactions between costs and revenues in any activity. Gaining insights into the cost-volume-profit relationships enable managers to make better scare resources allocation decisions, plan activities, control costs and evaluate performance. Our working environment today has evolved with the sensitivity of cost behavior where end state of stake-holders objective is to optimize its scare resource.

In-tandem with above, when a business decide to purchase common items, the planning and purchasing processes may be quite simple but many purchasing decisions, however, do involve large commitments of resources over a long period of time. Obviously, business want to be careful with such planning activities commonly known as the Budgeting.

This course teaches in-depth Principles & Application on Cost Behavior and budgeting evaluation models together with illustration.

There will be hand on exercises, questions and problem solving with answer provided after the sharing session.

Course Objective:

Upon completion of this course, participants will be able to;

Target Audience:

Managers, Head of Department, Vice President, CFO, COO whom are required to plan and control costs and plan for budget both at department, business segment, company, division and/ or regional level.

Duration

2 Days

Time

9am to 5pm

Course Dates

Course Fee

S$395.00

(Group Discount of 10% for 3 or more participants)

Training Venue

10 Anson Road #31-12
International Plaza
Singapore 079903

Available Funding

SDF Grant, UTAP Funding & SkillsFuture Credit

VTeach Pte. Ltd.

Tel: +65 6673 4479
admin@vteach.com.sg
www.vteach.com.sg

Course Content

Lesson 1: Cost Behaviour

Lesson 2: Cost-Volume-Profit Relationships

Lesson 3: The Capital Budgeting Process

Lesson 4: Discounted Cash Flow Methods

Lesson 5: Other Project Evaluation Methods

Lesson 6: Estimating The Cost Capital