CPD Programmes for finance teams

Best practice
Costing Methodologies

This session will introduce a broad range of costing methodologies. You'll be able to identify approaches which address the multiple requirements of your department, while providing clear messages to management and enhancing transparency, accountability and value for money.

After completing this session you will be able to:

Identify methods to suit short term and long term needs. This includes:
- Marginal costs, full costs, committed costs, discretionary costs, direct costs and indirect costs
Align management responsibility with cost controllability
Enhance transparency and accountability. This includes:
- Rolling forecasts, activity based costing and the use of memorandum accounts
Understand beyond budgeting and the use of non financial measures
Demonstrate value for money and the use of discounted cash flows
See the importance of aligning costing and funding methodology with desired outcomes

Our CPD programmes:

Keep you up to date with good financial practice
Address the needs and issues of your organisation
Include practical tools and techniques that can be applied immediately
Cater for all learning styles and use accelerated learning techniques
Enable you to work more effectively with non-financial managers and obtain their buy-in and co-operation

What our participants say:

'The session identified some changes that could be made to budget processes'

John Dawson, Management Accountant, Child, Youth and Family

More Feedback from CPD programmes for finance teams