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Management Accounting - Pricing and Costing

London Business Training & Consulting
Course summary
1 day
530 GBP excl. VAT
Open / Scheduled
Next available date: 13/12/2019 - London
Course Dates
London
13/12/2019  
530 GBP
09/04/2020  
530 GBP
28/08/2020  
530 GBP
04/12/2020  
530 GBP

Course description

Management Accounting – Pricing and Costing

Upon completion of this course, you will be able to understand:

  • How various methods of costing can impaction pricing.
  • How to calculate prices using cost-plus, sales-margin, and discount methods.
  • How various pricing strategies can be used, including how target and life-cycle costing can affect product pricing.
  • How to calculate internal transfer prices in a variety of ways.

Suitability - Who should attend?

  • Those who wish to understand the implications of decisions made across a range of management accounting issues.
  • Those who wish to develop the ability to analyse, interpret, and question the accounting information they may encounter in a business context.
  • Those who wish to acquire a sound appreciation of accounting and finance in order to communicate and succeed in the business world.
  • Non-accounting staff who desire a practical introduction to the fundamentals of management accounting.

Outcome / Qualification etc.

A Certificate of Attendance from London Business Training & Consulting is issued on course completion.

Training Course Content

Pricing and Costs

  • Using cost information to price your product
  • Discounts and distribution margins
  • Choosing the appropriate costing method
  • Pricing and product strategy
  • Optimum pricing
  • Target costing
  • Life-cycle costing
  • Transfer pricing

About provider

London Business Training & Consulting

London Business Training & Consulting (LBTC) is the UK’s premier business and management training and consulting service provider. We cater to both individual and organisational clients from all over the world. Our vision is to meet the business and management...


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Contact info

London Business Training & Consulting

One Lyric Square
W6 0NB London

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www.lbtc.co.uk

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