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ACT354-1
1 Week Training Program
Meaningful Cost Accounting Skills
Building Skills in
Monitoring Costs, Prices, Budgets
Reporting Variances, Trends & Artificial Intelligence AI Insights
Process & Stakeholder Needs & Expectations
Analyzing Cost & Price Data
Communicating & Coordinating Data Analytic Insights
Supporting Decision Making through Timely, Real Time & Proactive Insights
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1 Week Skills Development Training Programs
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Program Objectives
Provide Skills for:
Provide Skills for:
Monitor Costs, Prices, and Budgets. Report Variances, Trends, and AI-Driven Insights.
Understand Processes and Stakeholder Needs. Analyze Cost and Price Data.
Communicate and Coordinate Data Analytic Insights.
Support Decision-Making with Timely Insights.
Manage Cost Risks and Plan Mitigation Strategies.
Maximize Value with Dynamic Opportunities.
Monitor Costs, Prices, and Budgets. Report Variances, Trends, and AI-Driven Insights.
Understand Processes and Stakeholder Needs. Analyze Cost and Price Data.
Communicate and Coordinate Data Analytic Insights.
Support Decision-Making with Timely Insights.
Manage Cost Risks and Plan Mitigation Strategies.
Maximize Value with Dynamic Opportunities.
Who should Attend?
This program is intended for Cost Accounting Professionals, Management Analysts and Cost Managers.
This program will also be useful for Professionals responsible for Accounting, Audit, Improvement Planning, Evaluating Proposals, Value Engineering, Project Feasibility, Tendering, Estimating, Cost Control Functions. This program will also benefit Cost Data Analysts and Artificial Intelligence Method Application Professionals.
This program is intended for Cost Accounting Professionals, Management Analysts and Cost Managers.
This program will also be useful for Professionals responsible for Accounting, Audit, Improvement Planning, Evaluating Proposals, Value Engineering, Project Feasibility, Tendering, Estimating, Cost Control Functions. This program will also benefit Cost Data Analysts and Artificial Intelligence Method Application Professionals.
Program Content & Modules
Meaningful Cost Accounting Skills
The Cost Accounting Function
Operational Aspects of Cost Accounting
Strategic Aspects of Cost Accounting
IT Based New Cost Accounting Tools & Methods
Cost Accounting Processes
Cost Accounting Contribution to Organizational Processes
Cost Accounting Decision Support Contribution to Specific Processes
Methodologies to Gain Insight into Cost & Price Data
Artificial Intelligence Methods for Cost & Price Data
Costing of Inputs
Costing of Products
Costing of Processes
Cost Accounting Methods
Standardizing Cost Systems in Organization
Helpful Cost Databases
Improvement and Change Planning
Value Addition by Processes
Profit Contribution by Work Process
Profit Contribution by Production Process
Program Recommendations
Outline Personalized Program Cost Accounting System Improvement Outline Action Plan
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