Introduction to key cost concepts: fixed, variable, direct, indirect, and sunk costs.
Differentiating between financial accounting and cost accounting.
Identifying cost behaviors and how they affect business performance.
Understanding the cost hierarchy and its strategic implications.
Real-world case studies showing how cost structures impact pricing and competitiveness.

Overview of cost accounting systems and how they are implemented in different organizations.
Job-order costing vs. process costing: when and how to use them.
Activity-Based Costing (ABC): a strategic approach to accurate cost allocation.
Lifecycle costing and its importance in long-term investment and product decisions.
Practical exercises in calculating product costs using different methodologies.

The role of budgets in planning and control.
Types of budgets: operational, capital, and flexible budgets.
How to prepare and interpret cost budgets.
Variance analysis: identifying and managing deviations from budget.
Forecasting techniques for non-financial departments to support strategic planning.

Strategic Cost Management for Non-Financial Managers Training Course in Paris

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