DZIEŃ 1
1) Management Accounting / Financial Controlling
- areas of financial controlling/management accounting and its main objectives,
- financial controller's role and position in organisation's structure,
- practical aspects of financial controlling.
2) Introduction to costs
- cost classifications,
- costs presentation in Income Statement,
- cost behaviour.
3) Costing systems
- Absorption Costing,
- Marginal Costing.
4) Breakeven analysis
- break-even point, margin of safety, required profit level,
- breakeven chart, profit-volume chart,
- multi-product break-even analysis.
5) Relevant costs
- relevant vs non-relevant costs,
- relevant costs of material and labour,
- practical aspects of cost relevance in business analyses.
6) Short-term decisions
- make or buy,
- accept or reject,
- shutdown,
- minimum price.