Activity Based Costing, Cost Management, Master Budgeting And Responsibility Accounting

HRODC Postgraduate Training Institute
In Central London (England), Abu Dhabi, United Arab Emirates (United Arab Emirates), Abuja, Nigeria (Nigeria) and 47 other venues

Higher than Rs 100000

Important information


Suitable for: This course is designed for: Chartered Accountants, Certified Accountants, Licensed Accountants, Cost Accountants, Management Accountants, Organisational Decision-makers, Inventory Managers, Quality Managers, pricing Specialists, balanced Scorecard Specialists, Etc.

Important information

Requirements: Degree or Work Experience


Where and when

Starts Location
Abu Dhabi, United Arab Emirates
Khalifa Street, 44486, Abu Dhabi, United Arab Emirates
See map
Abuja, Nigeria
Cadastral Zone A0, Central Business District, Abuja, 7069, Nigeria, Nigeria
Addis Ababa, Ethiopia
Kirkos Subcity Kebele, 21555, Ethiopia, Ethiopia
See map
Algiers, Algeria
Pins Maritimes, 16000, Algeria, Algeria
See map
Algiers, Algeria
Rue Hassiba Benbouali, 16015, Algeria, Algeria
See map
Amman, Jordan
Bin Ali Street, 11118, Jordan, Jordan
See map
See all (50)

What you'll learn on the course

Accounting MBA
IT Management
Cost Management
Activity-Based Costing (ABC)
Cost Planning
Cost Drivers

Course programme

Course Contents, Concepts and Issues

Activity Based-Costiing and Cost Management

  • Background
  • Broad Averaging
  • Over and Undercosting
  • Cross-subsidization
  • An Example: Plastim
  • Plastim and ABC Illustrated
  • Plastim and ABC Rate Calculation
  • Plastim and ABC Product Costs
  • Plastim: Simple and ABC Compared
  • Conclusions
  • A Cautionary Tale
  • Rationale for Selecting a More Refined Costing System
  • Cost Hierarchies
  • ABC vs. Simple Costing Schemes
  • Activity-Based Management

Master Budgetiing and Responsibility Accountiing

  • Budget Defined
  • The Ongoing Budget Process
  • Strategy, Planning, and Budgets, Illustrated
  • Advantages of Budgets
  • Components of Master Budgets
  • Basic Operating Budget Steps
  • Basic Financial Budget Steps
  • Sample Master Budget, Illustrated
  • Other Budgeting Issues
  • Sensitivity Analysis
  • Budgeting and the Organization: Responsibility Accounting
  • Types of Responsibility Centres
  • Budgets and Feedback
  • Controllability
  • Budgeting and Human Behaviour
  • Budgetary Slack