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ACT354-1D

1 Week Training Program

Cost Accounting Skills

Building Skills in

  1. Process & Stakeholder Needs & Expectations

  2. Analyzing Cost & Price Data

  3. Communicating & Coordinating Data Analytic Insights

  4. Supporting Decision Making through Timely, Real Time & Proactive Insights

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1 Week Skills Development Training Programs

9-13 Sept 2024
New Delhi
30 Sept-4 Oct 2024
Dubai
7-11 Oct 2024
Kualalumpur
29 Oct- 2 Nov 2024
New Delhi
18-22 Nov 2024
London
18-22 Nov 2024
New York
2-6 Dec 2024
Seattle, USA
16-20 Dec 2024
London
30 Dec 2024- 3 Jan 2025
Dubai
6-10 Jan 2025
Kualalumpur
20-24 Jan 2025
Dubai
3-7 Feb 2025
London
17-21 Feb 2025
New York
2-6 March 2025
Seattle, USA
16-20 March 2025
Istanbul
30 March-3 April 2025
New York
13-17 April 2025
Dubai
27 April-1 May 2025
Kualalumpur
11-15 May 2025
London
25-29 May 2025

Useful Links


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What is Covered in this Training?

  1. This comprehensive program is designed to empower participants with the knowledge, skills, and ethical understanding required to excel as Cost Accounting Professionals.
  2. This program covers foundational concepts, advanced techniques, strategic leadership, and emerging trends, participants will be well-equipped to drive effective cost management, contribute to organizational success, and make informed decisions within the field of cost accounting.
  3. This Cost Accounting Skills Training Program Builds Professionals who have the Understanding, Process Knowledge, Skills, Competencies, Management Insights, including Leadership, they will need to become True Expert Professionals in this area.
  4. This program provides the necessary Cost Accounting Technical and Business Understanding, Detailed Process Knowledge, Skills to Implement Good and Best Practices, Management Insights that help Organize, Plan, Delegate, Empower, Monitor Work and Performance, Mentor and Coach Staff, Effectively Communicate with the Stakeholders, Specify Data Analytics based Timely Performance Reporting and Insights, Steer the Team towards Continual Improvements, and possibly gain Professional Leadership Recognition.
  5. This program provides the range of skills and competencies to Understand, Analyze, Effectively Communicate Cost & Price Insights to enable Timely Decision Making.
  6. The program will also build competencies in using latest Data Analytic and Artificial Intelligence Methods to provide Decision Support Insights for Managing Cost Risks, Planning Cost Management, Preparing Cost Mitigation Strategies, and, Exploiting Value Maximization Dynamic Opportunities.

Who Should Attend?

  1. This program is intended for Cost Accounting Professionals, Management Analysts and Managers.
  2. This program will also be useful for Professionals responsible for Project Feasibility, Tendering, Estimating, Cost Control Functions. This program will also benefit Cost Data Analysts and Artificial Intelligence Method Application Professionals.

Program Content & Modules

Cost Accounting Skills


  1. The Cost Accounting Function
  2. Operational Aspects of Cost Accounting
  3. Strategic Aspects of Cost Accounting
  4. IT Based New Cost Accounting Tools & Methods
  5. Cost Accounting Processes
  6. Cost Accounting Contribution to Organizational Processes
  7. Cost Accounting Decision Support Contribution to Specific Processes
  8. Methodologies to Gain Insight into Cost & Price Data
  9. Foundations of Cost Accounting
  10. Introduction to Cost Accounting
  11. Cost Concepts and Terminology
  12. Costing Methods and Systems
  13. Costing for Decision Making
  14. Cost-Volume-Profit (CVP) Analysis
  15. Artificial Intelligence Methods for Cost & Price Data
  16. Costing of Inputs
  17. Costing of Products
  18. Costing of Processes
  19. Cost Accounting Methods
  20. Standardizing Cost Systems in Organization
  21. Helpful Cost Databases
  22. Improvement and Change Planning
  23. Value Addition by Processes
  24. Profit Contribution by Work Process
  25. Profit Contribution by Production Process
  26. Profitability Studies
  27. Costs and Decision Analysis
  28. Program Recommendations
  29. Detailed Personalized Post Program Cost Accounting System Improvement Outline Action Plan

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