Description

Cost and margin optimization programs are among the priorities of financial departments. Analytical accounting constitutes the basic tool allowing in-depth knowledge of costs and margins, to identify areas of performance and non-performance. This training in analytical accounting is essential to acquire the fundamentals. It allows participants to identify the most appropriate method for their business and to actively practice calculating costs and margins.

Who is this training for ?

For whom ?

Management controller in charge of his company's analytical accounting. Chief accountant, manager and collaborator of the analytical accounting department. Product or production unit manager in charge of costs. Engineer and technician executive engaged in cost optimization action.

Prerequisites

None.

Training objectives

Master the essential principles of analytical accounting.

Adapt the different methods of calculating costs and margins.

Combine and wisely exploit the different methods in your business.

Disseminate relevant indicators as a tool for decision support.

Training program

• Enriching management analyzes using analytical accounting
  • - Management accounting.
  • - Retreat expenses from general accounting.
  • - Meet the need for multidimensional analysis of activity.
• Measuring cost challenges with comprehensive costs
  • - Distinguish between direct and indirect charges.
  • - Determine the analytical centers (or sections).
  • - Choose the work units and distribution keys.
  • - Valorize stocks.
  • - Uses: improve productivity, manage indirect costs...
  • - Case: application of the method to calculate the full cost of products.
• Support decisions using partial costs
  • - Distinguish between fixed costs and variable costs.
  • - Analyze the different levels of contribution margins.
  • - Determine the break-even point or break-even point.
  • - Uses: doing or having done, negotiating a price...
  • - Case: application of the method to optimize the profitability of a company.
• Deepening management analyzes using the activity-based costing method (ABC) The benefit of a new method.
  • - Define and value activities.
  • - Diversify and choose activity drivers.
  • - Calculate the costs of drivers and the costs of cost objects.
  • - Uses: managing processes, managing diversity...
  • - Case: calculating the cost of activities and analyzing analytical results.
• Anticipate to develop the management system
  • - The steps to setting up analytical accounting.
  • - The key success factors.