Costing Strategies

Overview

Hit your targets!

You will learn market-driven approaches that involve you analysing your organisation's customers and determining a pricing strategy that delivers your profit goals.

Acquire new skills to demonstrate proficiency.

• Target costing
• Life cycle costing
• Learning curves

Put your learning into practice.

This course includes detailed exercises and calculations to help you apply costing strategies and the techniques for continues improvement. Acquire a deeper understanding of the strategic importance of the costing strategies in relation to your finance business partnering role.

This is a standalone course but if you're interested in more of this type of learning while earning a designation, explore the CGMAr Finance Leadership Program.

Highlights

Key Topics

• Target costing
• Life cycle costing
• Learning curves, learning rate and learning index

Prerequisites

Activity based costing

Designed For

Who Will Benefit

• Global accounting and finance professionals
• Management accounting professionals
• CPAs in public practice with manufacturing clients
• Supply chain professionals

Objectives

Learning Outcomes

• Analyse target costing as a tool to remain cost competitive.
• Identify life cycle costing and its implications on marketing strategies.
• Analyse learning curves and their use in predicting product/service costs.