Cost Accounting for Managerial Planning, Decision Making & Control
Use cost information to plan, control and decide. Participants classify and accumulate costs with job- order and activity-based costing, apply CVP analysis, budget for profit, control with standard costs and variances, and evaluate performance and decisions.
At a glance
- 3 days
Who it's for
- Accountants & cost accountants
- Business & operations managers
- Finance staff supporting decisions
Learning objectives
- Classify costs and accumulate them with job- order and activity-based costing
- Use CVP and cost behaviour for planning
- Budget for profit planning
- Control with standard costs, variances and responsibility accounting
- Measure performance (balanced scorecard, transfer pricing)
- Make non-routine, life-cycle, target-costing and capital-budgeting decisions
Detailed content
- Cost classifications, terminology & profit concepts
- Job-order costing
- Activity-based costing
- Cost-volume-profit analysis
- Cost behaviour analysis
- Budgeting for profit planning
- Responsibility accounting, standard costs & variances
- Control of profit centres
- Performance measurement, balanced scorecard & transfer pricing
- Non-routine decisions
- Life-cycle & target costing
- Capital budgeting
Day-by-day agenda
A typical schedule. In-company versions are tailored to your processes, data and timing.
- Introduction to Cost Management
- Part I – Cost Accumulation
- Part II – Planning
- Part III – Control
- Part IV – Decision Making
- Case study, action plans and course assessment
Practice, tools and assessment
Hands-on practice
- Leadership-style self-assessment and 360° reflection
- Role plays: feedback, delegation and difficult conversations
- Personal leadership action plan with 30-60-90-day goals
- Analyse a real set of financial statements with ratios
Tools and templates you keep
- Feedback (SBI) and coaching (GROW) guides
- Delegation matrix and team charter
- Ratio-analysis and budgeting workbook
- NPV/IRR and break-even calculators
How learning is assessed
- Pre- and post-course knowledge check
- Assessment of practical exercises by the trainer
- Action plan reviewed at the end of the course
Built on these standards and bodies of knowledge
- Situational Leadership; Kotter's 8-step change model
- CMI / ILM management standards
- IFRS Accounting Standards (IASB)
How it is delivered
- Public courses in Cairo, in-company programs and live online training
- Practical exercises, case studies and examples from your sector
- Can also run as Train & Stay in Sharm El Sheikh, Hurghada or Cairo
Part of these career paths
- Finance, Banking & Risk · Practitioner
Frequently asked questions
How long is Cost Accounting for Managerial Planning, Decision Making & Control?
The program runs 3 days. In-company versions can be adapted to your needs.
Is the course taught in Arabic or English?
Sessions are usually delivered in Arabic with English technical terms and materials. Full English delivery is available for in-company groups.
Can you run it inside our company?
Yes. In-company programs use exercises built on your own processes. Tell us the group size and preferred timing and we will send a proposal.
Will I receive a certificate?
Participants who complete the program and its assessment receive a certificate from The Excellence Center, which can be verified online.
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Get dates, fees and the full outline.
Tell us whether you are joining as an individual or planning a program for your team.