OBJECTIVE:
This course will teach participants how to develop and implement an effective cost accounting system and assist management in watching with an eagle’s eye where every Naira goes.

CONTENTS:

• Fundamentals of cost Accounting, Relating cost Accounting to Financial Accounting and the planning and control process.
• Relating budgets to planning and control
• Product costing systems and Accounting for Overhead.
• Activity-based costing for management control
• Assigning service department costs to calculate total cost
• Developing the target cost model, Absorption Vs. Direct costing
• Developing the target cost model
• Operating cost control strategies: experience of

Nigeria and foreign Organizations in tackling stationery and printing expense, Light and power, Transport and travel, Motor vehicle maintenance expenses, Building, Computer, Medical, Salaries, pension, Marketing and distribution, postages, Telephones and other operating expenses

• Effective Human Resource Management as a cost management tool; Costing and Computers.

THIS WORKSHOP IS DESIGNED FOR :
Director, Controllers, Cost professionals Engineer, Financial Accountants, Accounts Managers, Cost and Management Accountants, Cost analysts System analysts, Budget Managers,
Auditors, Financial; Managers, Plant and Works Managers, Admin Managers, Human; Resources Managers and other senior staff who exercise cost management responsibilities in both the private and public sectors including Banks, Insurance Companies, OIL companies, Manufacturing, Companies, Trading Organization Service-providing Organizations etc Government Ministries, Parastatals, Agencies, Commissions Institutions

FACULTY:  The Faculty Team Members are experts from the institute and the  world of
industry and commerce.

WORKSHOP METHOD:
Formal lectures, Group discussions and Case study.

WORKSHOP VENUE:           
Nisrel Training and Conference Center,
Elephant Cement House,
(5th floor, B Wing) Alausa, Ikeja- Lagos.

DATE: June 4-6, Oct 8-10 & 3-5 Dec
                       
FEES: The workshop fee is N79,500.00 (Seventy Nine Thousand Five Hundred Naira) only, per participant to cover workshop literature and materials, Executive Bag, Tea/Coffee, Lunch, Photographs, Certificates. Payment may be in cash or Bank draft. Payment may be made before the workshop date or at the venue of the workshop.

DISCOUNTS:
3-5 Participants   5%
Above 5-participants    10%

MODE OF PAYMENTS:
Payments in cash or bank draft should be made to the “Ikeja District Society of ICAN “ and sent to: 
   
The Chairman,
Ikeja District Society,
The Institute of Chartered Accountants of Nigeria,
4, Araromi Street Aniforwose,
P.O BOX 13392, Ikeja.
Tel: 01-8143025 , 0803-506-2583,0709-812-9191
For In-house training arrangements, please call Francis on 08035062583; 0808-226-3439