Course Introduction:
Effective cost control is the basic element for the success of enterprises in the fierce market competition. However, cost management and control is definitely not just about simply compressing and controlling costs, but also about establishing a scientific and reasonable cost analysis and cost control system, so that managers can clearly grasp the company's cost structure, profitability, and the right direction for decision-making, and become the key support for internal decision-making, so as to fundamentally improve the company's cost situation and thus truly realize effective cost control.
Benefits:
◆ Jump out of the traditional cost control framework, analyze and control costs from the perspective of the company's operation system and cost control system
◆ Master the main methods of cost accounting and their respective advantages and disadvantages, and improve the existing accounting system according to the changing circumstances
◆ Master the main methods of cost analysis, and provide key effective cost figures to support the decision-making of operators. Provide key and effective cost figures to support decision-making
◆ Seek effective ways to improve costs through cost analysis
Training Objects: Cost accountants, financial analysts, accounting managers, senior financial managers, and heads of budget responsibility centers needing to control costs
Outline:
1. Corporate Cost Model and Competitive Advantage
◆ Cost characteristics of different business models
◎ Cost leadership - process excellence
◎ Differentiation - product leadership
◎ Target aggregation
Allow me to say, "What is costing?
○ What kind of cost ratio is reasonable
◎ Variable cost, fixed cost analysis
○ Distinguish the significance of variable and fixed cost for cost control
○ Case study: common variable and fixed cost analysis in manufacturing industry
◎ Direct and indirect cost analysis
○ Distinguish the significance of direct and indirect cost for cost control
○ Distinguish the significance of direct and indirect cost for cost control
○ The cost analysis of direct and indirect cost for cost control. The significance of distinguishing direct and indirect costs for cost control
○ Case Study: Analysis of Direct and Indirect Costs in Manufacturing Industry
◆ Influence of Departments and Each Employee on Costs
◆ The Cost Pyramid: Systematic Cost Decomposition
◆ What are the links through which the departments influence the company's costs
3. Selection of Cost Calculation Methods for Cost Control
◆ Classification of Different Cost Calculation Systems and their Implications for Cost Control Classification of different costing systems and the significance of cost control
◎ 3A accounting model
○ Breakdown of the 3A model
○ Significance of cost control in the 3A model
○ Specific case - how to use the 3A model
◎ Standard costing method
○ The development of standards and the participation of technical departments
◆ Setting up of cost centers - dividing cost responsibilities
◎ How to manage costs with products as the center
◎ How to manage costs with departments as the center
◎ Key points of cost center management: how to reasonably manage costs
◎ The key point of cost center management: how to reasonably manage costs. The key point of cost center management: how to reasonably divide the authority and responsibility
◎ How to combine the cost center with the budget responsibility center
◆ The advanced method of controlling indirect cost: job costing method
◎ Job costing method model and ideas
◎ The importance of process management
◎ Case study - application of job costing method
◎ The importance of process management
◎ Case study - application of job costing method
4. Effective cost control through cost analysis
◆ Cost saving point analysis
◎ Variable or fixed cost structure?
○ Risk level analysis
○ Profitability analysis
○ Factors to be considered in decision making
◆ Relationship between capital conservation point and economies of scale
◎ Calculation and analysis of marginal contribution
◎ Series of case studies
◆ Impacts of price, volume, and cost on profitability
◆ 3 levers to increase profitability
◎ Businesses 3 Levers to Increase Profitability
◎ Factor Sensitivity Analysis
◆ Case Studies of Single and Multi-Factor Changes
◆ Analysis of Profitability of Products, Divisions, and Subsidiaries
◆ Methods to Analyze Profitability Levels of Different Products, Divisions, and Subsidiaries
◆ Cost Center Management
◆ Cost Control to Improve Core Competitiveness
◆ Costs to Improve Core Competitiveness
◆ Costs to Improve Core Competitiveness
◆ Costs to Increase Core Competitiveness
◎ Improvement of costs through product value analysis
◎ Selection of optimal business processes
◎ How to improve the management of bottlenecks
◎ Strategic versus non-strategic costs
◎ Value-added versus non-value-added activities
5. Summarizing: Key Points for Cost Control
Customer Feedback:
--Ms. Xu of Kaisiku Automotive Parts (Suzhou) Co.
◇ Lectures are vivid, with sufficient cases, and the principles and dogmatic formulas can be applied to the cases to express them in an easy-to-understand way, which is easy for the students to accept and benefit a lot. I have benefited a lot from it. Thank you!
--Weitai Energy (Suzhou) Co., Ltd Mr. Zhao
◇Through this training, I have broadened my horizons, discovered the deficiencies in my usual work, and raised my cost analysis to a higher level in the future, and the teacher has given me a brand-new concept of cost management in this training. p>--Ms. Jin of A.O.Smith (China) Water Heater Co.
◇The training gave me a new concept of cost management and mastered some new methods and skills, which is very rewarding
--Ms. Hu of UFIDA Software Co. Ltd.
◇New concepts, new understanding, new enlightenment, the outside world is very open, the exchange between enterprises, the update of knowledge has made me have a new improvement
--Mr. Gao, Golden Dragon United Automobile Industry (Suzhou) Co.
◇Through the training, we have opened up our thinking and have added a lot to our financial knowledge. It has added a lot to the financial knowledge, and it is very helpful for cost analysis by looking at the cost from different angles
--Bondi Piping Systems (Qinhuangdao) Ms. Bai
◇The theme of this training is clear, the form is various, the content is rich, and the effect is remarkable
--Vivi Group Audit Department Mr. Zhang
--Vivi Group Audit Department Mr. Zhang
--Vivi Group (Suzhou) Co. -Mr. Zhang, Audit Department, Vivo Group
◇The teacher was highly qualified, gave many examples, was easy to understand, and opened up the mindset, which was very practical
--Ms. Gan, OSRAM China Lighting Co.
◇The training taught us the concept of financial management, which we used to learn from a certain department. In the past, I used to think about problems from a certain department, but now I can think about them from a global perspective, and I know how to find out the essence from a lot of data, and I can remind the company to find out the decision-making plan from the data
--Ms. Jiang of ShengHui Electronic Science & Technology (Suzhou) Co.
◇The training has given me a good understanding of the cost control methods, which is very practical
◇The training has given me a good understanding of the cost control methods. Through this training, I have a better understanding of cost control methods, which is very valuable and helpful for future cost management
--Ms. Yang of Jiangsu Lixi Zipper Co.
◇The training is very practical, which expands the business concepts of the financial staff and is very conducive to the in-depth development of financial work
◇It is very helpful to improve personal knowledge and develop thinking, and it is worthwhile to participate in the training
--Mr. Li of Hainan Airlines Co.
◇It opens up the thinking, and it is more than a "diffuse thinking". Mr. Li of Hainan Airlines Co., Ltd.
◇Expanded his thinking, jumped out of the tradition of "small finance", and stood at the decision-making level to talk about finance
--Ms. Wei of Shanghai Turbine Co. -Shanghai Jifeng Shidong Packaging Paper Co. Mr. Gui
◇Very systematic understanding and deep knowledge of cost control, and mastery of cost control methods, which will be of great help in improving future work
- Beijing Automobile Foton Automobile Co. -Ltd. Ms. Zhang
◇ Looking at the cost issue from different perspectives makes the shortcomings of the existing finance show one by one. It is beneficial for the company to carry out cost accounting from different aspects
--Mr. Yao, Jiangsu Lixi Zipper Co.
◇ The most important thing is to broaden the working idea and learn a lot of methods, which is very helpful for future work. At the same time, I have a further cognition of my current work
--Beijing FrogVision Communication Technology Limited Liability Company Ms. Song
◇ Diffuse thinking; transpositional thinking; ideas and methods of analysis, and forms of data organization; one starting point, three major operations, and two major results
--Xinyuan Public Information Development Limited Liability Company Ms. Xu
◇For more information:
Mr. Lu
is currently a senior training consultant at An Yue Enterprise Management Consulting Co. Prior to that, Ms. Lu worked for many years in Europe's largest corporate management training group as a senior training and consultant in the financial management department.
Mr. Lu has also worked for Motorola and other Fortune 500 companies in finance and tax, taught undergraduate courses and CPA exam courses at Tianjin University of Finance and Economics, and participated in the research of the National Tax Reform Group.
Ms. Lu has developed and hosted a number of financial management training courses. The effective combination of solid financial theory knowledge and rich practical experience has formed her rigorous, clear, practical and vivid training style. Her training courses are in-depth, innovative and active, with unique perspectives, rich and meticulous content, giving people a refreshing feeling, and have always been highly praised by the participants.
Some of the companies that have received training from Ms. Lu include: General Motors, Honeywell (China), Johnson & Johnson Medical Devices, METTLER TOLEDO, Dongfeng Citro?n, AIO SMITH, 3M China, Saint-Gobain, Electrolux, Armstrong World Industries (China) Co. Waigaoqiao Group, Zendai Real Estate, Shanghai Jahwa Group, China Unicom, China Mobile, Qingdao Haier, Founder Technology, Marconi Telecommunications Equipment Limited, Lafarge, Emerson, Danone, Siemens, FAW Toyota, Lucent Technologies, Saibo Electric, Huayuan Group, Sanjiu Pharmaceutical, Bofeng-Ipsen (Tianjin) Pharmaceutical Co. Eastman Chemical Company Limited, Wison Chemical Engineering, Bayer, Ericsson (China), Prinz Garment, PetroChina, Klüber Lubricants (Shanghai) Co. Ltd., Pacific Peak (China) Investment Co., Jiangsu Nuclear Power, Jingyuan Second Power Generation Co., Ciba Precision (China), Harbin Yuanda Shopping Center, and other world's top 500 and domestic successful enterprises. For more information: /authentication/ACCA-CPD.asp)
◇ Basic Norms for Internal Control of Enterprises (/special/Internal-Control-Basic-Principles.asp)
◇ U.S. Sarbanes-Oxley Act (/special. Sarbanes-Oxley.htm)
◇Accounting System for Enterprises(/special/2002Accounting-Principle.html)
◇Accounting System for Financial Enterprises(/special/2002Financial-Principle.htm)
◇Activity-based costing (/special/activity-based-costing.asp)
◇Cash flow statement (/special/cash-flow.asp)
Subsidiary category: Enterprise cost management Managing Enterprise Costs Managing Enterprise Costs Managing Enterprise Costs Managing Enterprise Costs Managing Enterprise Costs Managing Enterprise Costs Managing Enterprise Costs Managing Enterprise Costs Managing Enterprise Costs Managing Enterprise Costs Managing Enterprise Costs Managing Enterprise Costs Managing Enterprise Costs Managing Enterprise Costs Managing Enterprise Costs Managing Enterprise Costs Managing Enterprise Costs Managing Enterprise Costs Managing Enterprise Costs Managing Enterprise Costs Managing Enterprise Costs Managing Enterprise Costs Managing Enterprise Costs Managing Enterprise Costs
Time: October 16-17, 2008 Shanghai
Price: RMB 3600/person (including training fee, handouts, materials, lunch, and refreshments twice a day)
Organizer: Shanghai An Yue Enterprise Management Consulting Co. 1919 100
2) Fax: +8621 5836 1896
3) Postal address: BD@EasyFinance.com.cn
4) Online registration: