Course details
This course is designed to enhance the understanding of cost data used in planning, control, decision making and product pricing. The course concludes with case studies /progress tests to evaluate the understanding of budgets and use of relevant costs for decision-making and product pricing.
Learning Outcomes
On successful completion of this course, participants will be able to:
- Explore the nature and types of budgeting,
- Calculate the standard costs and perform variance analysis
- Examine product costing systems using variable and absorption costing and activity-based costing
- Identify and use the relevant information for managerial decision-making in the following areas: special orders, add/delete products, pricing, make or buy parts/products
Target Audience
It is recommended for those who have attended BIBF Introductory managerial accounting course. It is also suitable for those who are currently working in operations and accounting department.
Entry Requirements
Managerial Accounting 213
Updated on 08 November, 2015Course Location
About Bahrain Institute for Banking & Finance
We_They plays a vital role in the training and development of human capital in the Kingdom of Bahrain. Our commitment to excellence has strengthened our position as the top provider of quality education across all major business disciplines. We serve as a partner to numerous world-class institutions; delivering thought leadership, research and advisory, assessment and training in the areas of Accounting and Finance, Academic, Executive Development, Banking, Leadership and Management, Insurance, Islamic Finance and Information Technology; resulting in a complete business solution.
We_They covers a wide spectrum of subject matter, with over 300 different courses offered to the financial and corporate market; tailor-made training solutions based on organisational requirements; specialised programmes taught by leading market specialists; and professional qualifications and degree programmes in partnership with major international organisations.
We_They continues to exceed global benchmarks for many of the qualifications it offers with its affiliates.
Since its inception in 1981, We_They has grown from training 450 applicants a year primarily within the banking industry, to 20,000 drawing participants from all sectors of the economy, and are proud to have qualified over 200,000 learners in the last 3 decades.
Our faculty comprise of market practitioners, academics and qualified senior industry professionals. Their perse backgrounds ensure an enriched participant experience, striking the perfect balance between theory and practice.
We_They has made its mark internationally with clients in Asia, Africa, Europe, USA and the Middle East, well on its way to becoming the global institute of choice.
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