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Key details

Mode of delivery: Online Course

Course code: AFB31BO

Duration: 1 day

Fee: £732.00 + 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.