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Costing and Pricing

Costing and Pricing

Are your margins what you think they are?

People want things. People need things. The difference between prices and costs is not just a fine distinction made by economists. Prices are what pay for costs — and if they do not pay enough to cover the costs, then centuries of history in countries around the world show that the supply is going to decline in quantity or quality, or both. How do we design our systems in such a way that we maintain a balance between our prices and our costs relative to market levels? For consumers, is the best price the best choice? Learn all the intricacies of proper costing and pricing in this seminar.

cap

Next Schedule: TBA

Max number of participants: 15


Why take it online?
  • Attend the class at the comfort of your home
  • Recorded Online Sessions
  • Join the class anywhere you are
  • Convenient training without the hassle of traveling

online

Next Schedule: TBA

Max number of participants: 25

Student Program

  • High School / College Level / Post Graduate
  • Based on school curriculum
  • Flexible schedules
  • Anything and everything about taxation, finance & accounting
  • Available on online or classroom type

Business Program

  • One-on-one Sessions
  • Customized
  • Flexible schedule
  • Industry-specific
  • Basic to advanced levels
  • Tailor fit to your career or company requirements
  • Available on online or classroom type

Entrepreneurs Program

  • Lesson plan and exercises will be constructed based on your needs
  • Industry-specific
  • Basic to advanced levels
  • Tailor fit to your career or company requirements
  • Recommended for entrepreneurs, new business owners or basically any individual who has no background in accounting but is faced with accounting and finance tasks.
tut

Next Schedule: TBA

Max number of participants: 15


What is Onsite Training?

Onsite training or in-house training is defined as any training that is held in company premises in order to educate, develop or improve employees’ skills. This involves all technical and soft skills courses that serve for this purpose.


What are the advantages of Onsite Training over Public Run trainings?
  • Save time and travel costs
  • Customize content to your specific needs
  • Increased price savings as the group gets larger
  • Schedule at your convenience
  • Facilitator can discuss your specific requirement
  • More comfortable learning environment
  • Promote teamwork & camaraderie among workers
  • Employees remain on site in case of an emergency
  • Problems can be openly discussed
  • Protect company privacy

onsite

Next Schedule: TBA

Max number of participants: 25


Topics Covered

  • Explore the various costing and pricing methods
  • Learn whether activity-based costing is for you
  • Gain an insight on the different ways to allocate costs in terms of allocation base
  • Find the easiest, most practical pricing strategies
  • Uncover the best formulas for creating team-based incentives for sales people

Learning Outcome

  • Understanding relevant costing for pricing decisions enhancing your customer's value proposition Segmenting your most profitable customers
  • Calculating what it costs you to provide your products and services
  • Calculating charge-out rates for your employees and incentives to your sales team
  • How to calculate the break even point in your business
  • How to work out the extra sales necessary to recover a planned expense

Target Audience

  • Accountants
  • Accounting Managers
  • Cost Accountants
  • Cost Analysts
  • Budget Analysts
  • Systems Analysts
  • Auditors
  • Financial Planners

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