Key details
Mode of delivery: Classroom-based
Course code: AFB31B
Duration: 1 day
Fee: £915.00 + VAT
CPD Hours: 6
Course Overview
This session explores the vital relationship between costs, volume, and profits. Participants will learn how to allocate costs effectively for decision-making, understand the principles of break-even analysis, and explore different types of accounting profits. The focus is on applying these concepts to support strategic financial decisions and improve organizational performance.
Agenda
The Key Relationship- Costs, Volume & Profits
- Allocating Costs For Decision-Making Strategies
- Understanding Break-Even Analysis
- Different Types Of Accounting Profits
Course Review
- Summary And Recap Of Key Learning Objectives
- Action Planning
Target Audience
This course is suitable for:
- Junior Management Accountants, Finance Officers, and Accounting Professionals new to decision support
- Budgeting, Forecasting, and Cost Control Support Professionals
- Business Analysts, Financial Analysts, and Performance Monitoring Professionals
- Department Managers, Team Leaders, and Operational Managers using cost and profit information
- Project Managers, Business Owners, and Entrepreneurs making commercial decisions
- Non-Finance Professionals involved in planning, budgeting, and or performance analysis
- Graduate Trainees and Professionals building management accounting confidence
- Public Sector, NGO, and Non-Profit Staff involved in resource planning
Learning Outcomes
By the end of this course, you will be able to implement a successful strategy that enables you to:
- Allocate costs effectively to support informed decision-making processes.
- Apply break-even analysis techniques to assess financial viability and operational planning.
- Differentiate between various types of accounting profits and their implications.
