Product Costing

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Course Objectives

  • An understanding of and ability to calculate and apply the costing techniques detailed below under Core Topics
  • Understanding of the interrelationship of these costing techniques with other business functions (e.g. marketing, human resource management, strategy) and their role in real organisations.
  • Problem-framing and analytical skills, information seeking and retrieval skills, problem-solving skills. More specifically you will be able to:
    o Critically evaluate a previously unseen organisational situation for its cost and
    management accounting issues.
    o Formulate clear ideas about the problems and issues involved, and about any likely
    further information and knowledge that might be required to deal with the issues
    identified.
    o Gather the necessary information and knowledge and re-formulate an understanding of the issues.
    o Apply any necessary analysis and understanding to formulate alternatives to resolve the identified issues. Be aware of the strengths and weaknesses of various alternative courses of action.
    o Recommend a set of actions to resolve the issues.
  • More independence and self-direction in your approaches to learning.
  • An improvement in teamwork skills.

Target Audience

Chief Financial Officers, Financial Controllers, Finance Managers, Accountants,

Methodology

Chief Financial Officers, Financial Controllers, Finance Managers, Accountants,

Course Modules

  • Module 1: AN INTRODUCTION TO COST TERMS AND PURPOSES
  • Module 2: JOB COSTING
  • Module 3: PROCESS COSTING
  • Module 4: COST-VOLUME-PROFIT ANALYSIS
  • Module 5: COST ALLOCATION: JOINT PRODUCTS AND BYPRODUCTS
  • Module 6: STANDARD COST SYSTEMS
  • Module 7: COST MANAGEMENT SYSTEMS AND ACTIVITY-BASED COSTING

Get To Know The Trainer

A recipient of “Darjah Mulia Seri Melaka” and “Darjah Seri Melaka” by TYT Yang di-Pertua Negeri Melaka that grants him a title of “datukship”. Zainal , former Senior Vice President / General Manager of Ambank Islamic / Ambank Berhad.  Brings over almost 3 decades of experience helping corporate organization, business executives and aspiring entrepreneurs discover success.  A qualified senior management professional with significant experience in managing branch operations, corporate business transactions as well as business acquisitions for corporate/ institutional, business and retail banking, having 30 years’ track record in the banking and finance sectors, for both, Islamic and Conventional.

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COURSE BENEFITS

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RM2,935/DAY

RRP RM4,190/DAY   SAVE RM1,255

*T&C Applies

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