Relevant Cost for Short-Term Decision Making
Overview:
Short-term decision-making is vital in any business.
This course introduces several techniques used for short-term decision-making as well as relevant costs and revenues for decision-making. By identifying the optimal production plan when resources are limited, you can determine the most effective course of action that will drive company flexibility and success.
Value added topics:
- Factors for short-term decision-making
- Relevant cost and revenue
- Product mix decisions
Gain practical experience.
The exercises use real-world examples and are designed to equip you with the skills you need to apply advanced costing strategies and acquire a deeper understanding of the decision-making process to assist financial reporting and control.
This is a standalone course but if you're interested in more of this type of learning while earning a designation, explore the CGMAr Finance Leadership Program.
Objectives:
Learning Outcomes
- Identify factors that affect short-term decision-making.
- Recognize relevant costs and revenues to assist in short-term decision-making.
- Recognize the most profitable use of limited resources.
Major Topics:
Key Topics
- Introduction to short-term decision scenarios
- Relevant cost short-term decision making
- Product mix decisions
Designed For:
Who Will Benefit
- Global accounting and finance professionals
- Management accountants
- CPAs in public practice
- Consulting firm professionals