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Finance Seminar | Total Cost Management | IIM Bangalore

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IIM Bangalore

Total Cost Management
Program Directors: Prof. G. Ramesh & Prof. M. S. Narasimhan
October 20-22, 2008
IIMB Campus

Objectives:

  • Helps orienting the fundamental concepts of management accounting and identifying those need change.

  • To relate meaningful accounting information to a firm's business strategy.

  • To link external value creating activities right from the suppliers of basic raw materials to ultimate end users.

  • To measure accurately the consumption of resources by different products and services through refined costing systems.

  • To know the major variables which influences the pricing decision.

  • Aids how to cost and price a product over a multiple year product life cycle.

  • Enabling a measure of performance from both financial and non-financial perspective.

  • Align accountability and performance measures with strategic objectives.

    For: The financial officers and controllers of a company, Management Consultants, Designers of management accounting systems, and all functional area managers who are responsible for making decisions based on cost analysis.

    Contents:

  • Activity Based Costing and Management

  • Value Chain Analysis

  • Total Cost of Ownership

  • Life Cycle Costing

  • Customer Profitability Analysis

  • Target Costing

  • Quality Costing

  • Transfer Pricing

  • Control and Performance Management System

    Fees:
    Residential: Rs. 45,000/-
    Non-residential: Rs. 36,000/-


    Chief Programmes Officer,
    Indian Institute of Management Bangalore,
    Bannerghatta Road,
    Bangalore - 560076.
    Phone: 080-26993742 / 3264 / 3475
    Fax: 080-26584004 / 26584050
    E-mail: edp@iimb.ernet.in
    Website: http://www.iimb.ernet.in/
    Refer: CoolAvenues' MDP Alert


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