Cost Management

Keeping costs under control: top-quality cost management is the key to business success. After looking at what costs actually are, the 1BC Cost Management module will take you through the calculation of minimum price levels and the break-even point. Building on this, current trends and operational controlling methods will be covered in an examination of the fields of process cost accounting and target costing.

Duration: COMPLETE – 1 week

Main Topics:

	Cost accounting – an overview
	Cost management as the basis for key corporate decisions
	One-stage break-even analysis (short-term minimum prices, planning of production programmes, make or buy decisions, in-house production or external sourcing)
	Calculating the break-even point
	Managing fixed costs
	New trends in cost accounting (process cost accounting, target costing, benchmark costing, life cycle costing, eco-costing)
	Why cost management?
	Accounting for different types of cost – the transition from expenses to costs
	Cost splitting
	Cost centre accounting
	Unit cost accounting (price calculations)
	Turnover and spread calculations
	Simple break-even analysis

Price:

€ 990,-
Prices are quoted per person, exclusive of 20% VAT

General Information

Registration:

After registering, you will receive confirmation of your booking. This means that a seminar place has been reserved for you. Before the start of the seminar you will receive information about the location, accommodation and details of the course schedule. 

Course fee and special conditions:

The fee for the Marketing & Services Management COMPLETE module is €990 per person, excluding 20% VAT. The price includes course handouts and coffee breaks at the seminar hotel.

Examination:

Every seminar module is rounded off with an examination covering the entire contents of that particular module. Each examination lasts around 30 minutes. Ater successfully passing the examination, you will receive a certificate of participation with an individual Security Code. >> Further information

Cancellation conditions:

No fee is payable for cancellations up to two weeks before the start of the seminar. The fee for cancellations between one and two weeks before the start of the course is 50% of the course fee. Cancellations received one week or less before the start of the course are subject to a fee of 100% of the course cost. Substitute participants may be nominated.

Accommodation:

If required, we will be happy to make a reservation for at our seminar hotel in Vienna. Our specially agreed rates include accommodation and breakfast.