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It is essential for any business to be able to know and understand their costs and to routinely monitor them to ensure that the business objectives are being met. To be able to do this, businesses have management accounting systems and techniques which enable them to look back at historical information, specifically at the past costs incurred by the business and to look forward by budget planning for the future. Simply put, Costing keeps a track of the costs that are incurred in each stage of production, whereas budgets exercise control over where money is spent, and for what purposes money is allocated.
The course will develop your knowledge and understanding of key costing and budgeting techniques, and jargon needed by first line and middle managers to develop and improve they financial decision-making.
Workshop objectives: during the workshop you will learn how to:




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Contact
- 144 Loughor Road, Gorseinon, SWANSEA, United Kingdom SA4 6QX
- +44 (0)7775 871 311
- enquiries@pdc.wales