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Master advanced cost and performance accounting techniques to drive strategic decision-making and optimize business performance.
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Advanced Costing Methods
Unit 1: Traditional vs. Modern Costing
Costing Methods Overview
Job Costing Deep Dive
Process Costing Explained
Activity-Based Costing Intro
When to use which?
Unit 2: Activity-Based Costing (ABC)
ABC: Activities and Cost
Calculating ABC Rates
ABC Cost Assignment
ABC Implementation
ABC Example
Unit 3: Target Costing
Target Costing Basics
Setting Target Costs
Value Engineering
Cross-Functional Teams
Real-World Examples
Unit 4: Life-Cycle Costing
Life-Cycle Overview
R&D and Design Costs
Production and Marketing
Service and Disposal
LCC in Decision Making
Cost Management and Optimization
Unit 1: Cost Reduction Strategies
Value Engineering 101
Process Improvement
Supply Chain Optimization
Automation for Savings
Outsourcing: Is it Right?
Unit 2: Cost Variance Analysis
Variance Analysis: Intro
Material Variance Deep Dive
Labor Variance Deconstructed
Overhead Variances
Root Cause Analysis
Unit 3: Lean Accounting
Lean Accounting: Intro
Value Stream Costing
Box Score Metrics
Simplifying Transactions
Lean Performance Mgmt
Unit 4: Benchmarking Techniques
Benchmarking: The Basics
Choosing Your Benchmark
Data Collection
KPIs for Benchmarking
Continuous Improvement
Transfer Pricing Strategies and Compliance
Unit 1: Fundamentals of Transfer Pricing
Intro to Transfer Pricing
Why Transfer Pricing?
Arm's Length Principle
TP and Global Tax
Economic Analysis
Unit 2: Transfer Pricing Methods
CUP Method
Resale Price Method
Cost Plus Method
Profit Split Method
Transactional Net Margin
Unit 3: Transfer Pricing Documentation
Master File
Local File
Country-by-Country
Risk Assessment
Documentation Maintenance
Unit 4: Compliance and Dispute Resolution
Global Regulations
Audit Defense
MAPs and APAs
Dispute Resolution
Recent Developments
Cost Accounting for Strategic Decision-Making
Unit 1: Costing for Pricing Decisions
Pricing Strategies Intro
Cost-Plus Pricing
Value-Based Pricing
Competitive Pricing
Pricing & Product Life
Unit 2: Product Mix and Profitability
Product Mix Intro
Contribution Margin
Sales Mix Analysis
Bottleneck Analysis
सेल्समैक्स अनुकूलन
Unit 3: Outsourcing Decisions
Outsourcing: Intro
Relevant Costing
Qualitative Factors
Capacity Considerations
Risk Assessment
Unit 4: Investment Decisions and Cost Analysis
Investment Decisions Intro
Cost-Benefit Analysis
Discounted Cash Flow
IRR: Internal Rate
Payback Period
Performance Measurement, Technology, and Contemporary Issues
Unit 1: Key Performance Indicators (KPIs)
Intro to KPIs
Financial KPIs
Operational KPIs
KPI Dashboards
KPI Best Practices
Unit 2: ERP Systems and Data Analytics
Intro to ERP Systems
ERP for Costing
Data Analytics
Data Visualization
RPA and Cost
Unit 3: Globalization and Tech Impact
Global Supply Chains
Tech Impact
Currency Fluctuations
Standard Harmonization
Offshoring
Unit 4: Ethics and Sustainability
Ethical Conduct
Fraud Prevention
Sustainability Intro
Environmental Costs
Social Responsibility