Course
Strategic Analysis in Cost Management and Control
The Strategic Analysis in Cost Management and Control course aims to provide participants with the skills necessary to apply strategic analysis techniques in cost management and achieve effective control over financial resources. The course focuses on using financial analysis tools to understand and analyze the cost structure within organizations and identify opportunities to reduce costs while maintaining the quality of production and services.
Participants will learn how to identify fixed and variable costs, analyze the relationship between costs and profits, and use predictive analysis strategies to more accurately estimate future costs. Financial performance measurement methods such as variable budgeting and incurred costs will also be reviewed to compare actual costs with planned costs.
The course covers cost control tools and techniques such as activity-based costing (ABC) and profitability analysis, which help monitor operational efficiency and guide strategies to reduce waste and increase financial returns. Emphasis will also be placed on improving strategic decision-making using performance indicators and updated financial reports.
The course aims to help participants apply strategic analysis to cost management and control using effective tools, contributing to improved financial performance and achieving organizational goals. The course targets finance managers, accountants, cost consultants, and executives in industrial and commercial sectors seeking to achieve financial efficiency and reduce costs in the long term.
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