Cost and Break-even Analysis
Course
In Hammersmith
Description
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Type
Course
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Level
Intermediate
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Location
Hammersmith
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Duration
1 Day
Target audience
Those who wish to understand the implications of decisions made across a range of managementaccounting 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.
Facilities
Location
Start date
Start date
Reviews
This centre's achievements
All courses are up to date
The average rating is higher than 3.7
More than 50 reviews in the last 12 months
This centre has featured on Emagister for 5 years
Subjects
- Management Accounting
- Variable Costs
- Contribution
- Analysis
- Interpreting
- Assumptions
- Financial Accounting
- Costs
- Fixed costs
Course programme
- Fixed and variable costs
- Contribution
- Break-even analysis
- The margin of safety
- Interpreting break-even analysis
- Assumptions underlying break-even analysis
Upon completion of this course, you will be able to understand:
- The difference between management accounting and financial accounting.
- The difference between fixed and variable costs.
- How to calculate variable and fixed costs using the high-low method.
- How to use break-even analysis as a decision-making tool.
- How to calculate and understand contribution, the break-even point, and margin of safety.
- The limitations of break-even analysis.
Cost and Break-even Analysis