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Indian Institute of Management Ahmedabad

Strategic Cost Management

Jan 20—24, 2020
5 days
Ahmedabad, India
INR 120000 ≈USD 1678
INR 24000 per day

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Description

The importance of managing costs and aligning them with the business strategy of an entity is critical especially in the midst of challenging economic times faced by businesses today. Recognising that different costing systems and strategies need to be used for different managerial decisions, this programme aims to:

  • Develop understanding of various costing systems in different strategic decision situations.
  • Provide the details of contemporary issues in costing systems such as activity-based costing and pricing, target costing, etc.
  • Provide a comprehensive view on management control covering control structure issues like profit centres/SBUs and control process issues like budgeting, budgeting games, and performance evaluation.
  • Provide tools for tracking organisational performance.

Programme Highlights

  • Relevant costs for different decision-making situations.
  • Activity-based costing and management and customer profitability analysis.
  • Profit centres / SBUs and issues related to transfer pricing and profitability.
  • Budgeting.
  • Performance evaluation using strategic variance analysis.
  • Role of costing in managing organisational performance.

Who should attend

Functional/departmental heads involved in strategy formulation and implementation in various functional areas of operations, production, quality control, marketing, HR, accounting, costing, corporate finance, etc.

Experts

Educational Qualifications Fellow (IIMA) B.E. (Chemical Engg.) Academic Affiliation IRMA - Institute of Rural Management, Anand (2001 - 2004) Was appointed a Member of the Governing Board as a faculty representative. National Institute of Construction Management & Research, Mumbai (1984...

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