PT. Kosmopolis Pro Patria
3-Day Workshop
Strategic Cost Management
Park Hotel – Jakarta, March 18 – 20, 2015
Fasilitator: DR. Wiwiek M. Daryanto, SE-Ak, MM,
CMA
Introduction
Understanding
cost-volume relationships - how costs behave as the level of activity changes –
is necessary for understanding the various uses of management accounting
information. Cost behavior information can be combined with revenue information
to develop earning.
If
an entity significantly increases the amount of goods or services it produces,
then the amount of resources required to produce this higher volume should also
increase: that is, higher volume causes higher costs. In many instances,
however, the percentage increase in costs is less than the percentage increase
in volume. To understand how this happens, it is necessary to understand the
concepts of variable and fixed costs.
Cost
accounting systems are well developed for tangible goods. In recent years the
same principles have increasingly been applied to services and to selling and
administrative activities in both profit-seeking and nonprofit organizations.
Full cost information for goods and services is used in financial reporting, in
analyzing the profitability of parts of a business, in answering the question,
“What did it cost?,” as a basis for setting regulated prices, and as a first
approximation in deciding on selling prices of differentiated products.
In
strategic planning process, full costs are relevant. In the other management
control phases the budgeted and actual amounts are reported by responsibility
centers, which is a different way of structuring management accounting
information than that used in full cost accounting. Responsibility accounting
cost concepts include the notions of controllable, engineered, discretionary,
and committed costs.
Benefit
1.
Understand
the uses of full cost for Financial Reporting, Analysis of Profitability, What
Did It cost ?. Setting Regulated Prices, Product Pricing, and Performance
Evaluation.
2.
Understand
how to develop alternative choice decisions, therefore the manager seeks to
choose the best one of several alternative courses of action
3.
Understand
how to analyze quantitatively of these alter native focuses on the differences
in their costs.
Course outline
1. The
Behavior of Costs
·
Relation of Costs to Volume
·
The Profit graph –
Break-even Volume
2. Full
Costs and Their Uses
·
Costs Concepts
·
The Classification of Costs
·
Different Cost for Different
Purposes
·
Product Costing Systems
·
Non-manufacturing Costs
·
Uses of Full Cost
3.
Additional Aspects of Product Costing Systems
·
Job Order Costing and
Process Costing
·
Measurement of Direct Costs
·
Allocation of Indirect Costs
·
Activity-Based Costing
4. Control:
The Management Control Environment
·
Management Control
·
The Environment
·
Responsibility Centers
·
Types of Responsibility
Centers
5. Control:
The Management Control Process
·
Phases of Management Control
·
Accounting Information Used
in Management Control
·
Controllable Costs
·
Engineered, Discretionary,
and Committed Costs
·
Behavioral Aspects of
Management Control
6.
Strategic Planning and Budgeting
7.
Reporting and Evaluation
8.
Short-Run Alternative Choice Decisions
·
The Differential Concept
·
Contribution Analysis
·
Alternative Choice Problems
·
Differential Costs
·
Types of Alternative Choice
9.
Longer-Run Decisions: Capital Budgeting
·
Nature of the Problem
·
Estimating the Variables
·
Required Rate of Return
·
Economic Life
·
Cash Inflows
·
Depreciation
·
Investment
·
Terminal Value
·
Non-monetary Considerations
Who should
attend
· All Managers
Your
Course Leader
Dr.Wiwiek M.Daryanto, SE-Ak,MM,CMA is an
expert in accounting and finance. She earned a degree in accounting from the University of Gadjah Mada Institute of Certified Management accountant (ICMA), Australia
Rp 5.500,000,--
per participant. This will cover workshop fee, snack and lunch. Hotel
accommodation and transport to the workshop venue are not included in this fee.
For those who live outside of Jakarta
About PT. Kosmopolis Pro Patria
PT Kosmopolis Pro Patria (KPP) is not just a training
provider company, it is a true Training Company run by full-time professional
instructors. Founded by well experienced instructors with doctoral degrees in
their area of expertise, KPP focuses its training areas in the internal
competence of any corporation: operations,
cost management (managerial accounting) and finance. In management
training programs in Indonesia
Trust the management trainings of your employees in our
hands and you will join many satisfied companies in our programs.
Vision:
“To be the
strategic alliance partner in your executive development programs”
The
Founders:
Dr. Ir. Kuntoro Mangkusubroto, MSc
Industrial
Engineering, ITB
Dr. Wiwiek M. Daryanto, SE.Ak., MM, CMA
SE.,Ak.
Faculty of Economics, University
of Gadjah Mada
MM.,
University of the Philippines
Dr.
Agricultural Industrial Technology, IPB
CMA
(Certified Management Accountant), ICMA Australia
How to Register,
kindly email us at :
Registration
form will be sent by email or fax.
We invite you
and your colleagues in your company to attend this training program. Do not
hesitate to contact us for more information.
Our Address :
Jl. Utama V, No. 18, Pondok Bambu, Jakarta 13430
Phone :
021-860-3950; 021-8661-2052
Fax :
021-861-6982
Contact Persons :
Dinda :
0812-8828-0949
Fania :
0877-7626-2843
