Planning Budgeting and Cost Control

Training Planning Budgeting & Cost Control

Aims:

The aims of this course are to:

• Provide participants with the issues and strategies needed to enhance effective decision making.
• To understand the importance of different types of costs eg sunk and to illustrate the use the need for cost attribution and the importance of cost objective.
• Derive breakeven points using various different techniques
• To understand the concept and techniques of price setting
• To be able to make decisions under conditions of risk and uncertainty
• To be able to conduct effective forecasting
• To apply recent innovations in finance to their working environments.

Objectives:

Upon completion of the training course, participants should be able to:

• Evaluate different financial strategies.
• Apply Net Present Value Analysis to accounting decision making;
• Utilize different costing methods and identify which method is more appropriate depending on the context;
• Demonstrate an understanding of the modern management accounting techniques such as Just In Time and Activity Based Costing
• Develop and interpret budgets, paying particular attention to the calculation of variances and explanations of such variances.
• Have an understanding of real options as applied to the oil and gas industry.

Course Outline:

The training course will cover the following topics:

Module 1:         The Costing and Budgetary Process in the Manufacturing Industry

• Management information systems
• Strategic and tactical information
• Information usefulness.

Module 2:         Cost estimation

• Development Costs
• Understanding the nature and behavior of development costs.
• How to control costs during the development phase.
• Production Costs
• Understanding the nature and behavior of production operating costs.
• How to control and analyze production costs.
• Understanding the nature and behavior of drilling expenditure.
• How to estimate the production cost.
• How to control the production cost.

Module 3:         Cost Allocation

• Job Order Costing
• Process Costing
• Activity Based Costing

Module 4:         Breakeven analysis

• Profit Planning: The relationship between volume, cost and profit.
• Break even analysis.
• Break even points as a tool of budgeting.

Module 5:         Budgeting

• Budgeting: Financial budgets and forecasts.
• Steps of proper budgeting Assumptions.
• Data collection.
• Budget formulation: Budget procedure.
• Types of budgets.
• Different kinds of budgeting methods, e.g. zero based, activity based.
• How to develop a budgeting methodology.
• How to evaluate the output from budget preparation.
• Budgetary control.

Module 6:         Analysis of variances

• Budget follow-up and reports: Performance review.
• Variance determination.
• Revisions of budgets and forecast.

Module 7:         Capital Budgeting

• Pay back Period
• Internal rate of return
• Discounted Cash Flow
• Net Present Value
• Profitability Index
• Hard and Soft Capital Rationing

Module 8:         Forecasting

• Correlation Analysis
• Regression Analysis
• Estimation and Making inferences
• Multiple Regression
• Testing the Overall Significance of the Regression

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Kami memberikan alternatif Fasilitas atas Investasi anda dalam Program ini, diantaranya :

1. Sertifikat, Peralatan Training, USB, Souvenir, Lunch, Coffe Break, City Tour
2. Running minimal 2 Orang (Semarang, Jogja, Solo), Running minimal 3 Orang (Bandung, Jakarta), Running 4 Orang diperuntukan untuk daerah (Bali, Lombok, Manado, Balikpapan)
3. Kami menyediakan transportasi antar Jemput dari Stasiun/Bandara ke Tempat Pelatihan(Hotel) bagi perusahaan yang Running minim 2 Orang
4. Harga dilampirkan di Brosur Penawaran

Untuk daerah luar Kota Yogyakarta Harga Menyesuaikan.

Hotel Pilihan (Sementara) Bisa Menyesuaikan sesuai Kesepakatan.

1. Hotel Ibis Malioboro, Yogyakarta
2. Hotel Ibis, Solo
3. Hotel Ibis Simpang Lima Semarang
4. Hotel Fave, Balikpapan
5. The Santosa Villa and Resort, Lombok
6. Hotel Nagoya Plaza, Batam
7. Hotel Gino Ferruci, Bandung
8. Hotel Fave Pasar baru Jakarta, Jakarta
9. Hotel Santika Kuta, Bali
10. Hotel Aston, Manado
11. Hotel Santika Pandegiling, Surabaya

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Tambahan Informasi :

1. Silahkan tanyakan ketersediaan Tanggal dan Waktu dari jadwal training terbaru apabila anda tidak menemukan waktu yang sesuai dengan jadwal anda.

2. Training dapat disesuaikan dengan kebutuhan perusahaan jika dalam bentuk In-House Training. Silahkan baca ketentuan In-House Training diwebsite kami atau hubungi kami di Nomer Mobile untuk mendapatkan Fast Respon.

3. Silahkan mengisi Form Request Training di website kami untuk mendapatkan informasi tambahan yang belum ada, atau jika anda ingin menanyakan usulan materi sesuai kebutuhan perusahaan. Hubungi kami lewat email yang tertera atau Register disini!

4. Apabila telah menerima Silabus Training, Customer dapat Request Waktu Training yang diinginkan.

5. Informasi dan Data yang jelas akan memudahkan kami untuk segera merespon permintaan anda.

Customer Dapat Request Tempat, Waktu, serta Fasilitas Training. Silahkan Hubungi kami untuk Menerima Brosur Penawaran.