Empowering People, Developing Leaders 855 (23) 966 967 / (15) 728 123/ (15) 729 123

PRACTICAL CONTROLLING COSTS

June 23 - 24, 2018

Cost control is the practice of identifying and reducing business expenses to increase profits, and it starts with the budgeting process. A business owner compares actual results to the budget expectations, and if actual costs are higher than planned, management takes action.

Course structure

The certificate course in Controlling Costs spent approximately 16 hours, OR is offered a 2-day period. The course is based on a participatory, active learning approach, group discussions. An Action Guide for Productivity and Controlling Costs, by Ms. Pich Rathmony. Participants will receive a Certificate of Participation upon successful completion of the course. The maximum number of participants is 20. 

How you will benefit 

Upon the completion of this two-day training, participants are expected to benefit:

  • Identify different types of costs
  • Define the role of controlling costs
  • Analyze cost variance
  • Use of tools for controlling costs 
  • Create cost consciousness within a business  

Who should attend

SME Owner, General Manager, Accountant and Finance Executive.

What you will cover

Module 1: Type of Costs in Business

Module 2: The role of controlling costs

  • Comparing between cost & expenses
  • Direct cost & indirect cost
  • Fixed cost and variable cost
  • Identify controllable & uncontrollable cost
  • Reduce controllable cost

Module 3: Cost standards, and cost variances

Module 4: Controlling cost system

  • Definition and advantage
  • Setting up cost standard
  • Analysis of cost variance
  • Cost Info and decision
  • Cost centres
  • Manage and control of cost
  • Cost analysis
  • Identify cost center
  • Collection of costs
  • Cost code
  • Controlling Costs (material, labor and general cost)

Module 5: Raising cost consciousness

 

  • Key success factors
 

Location & Fee

  • Date:                        June 23 - 24, 2018
  • Time:                       8:00am- 12pm /1:00pm-5pm 
  • Fee:                         USD 230 (VAT = 0%)   
  • Early Bird:              USD  190 (Registration before training start 7 days, 2018)   
  • The Fee Includes: ​ Lunch, Refreshment, Materials and Certificate of Completion 

Our Trainer Profile

http://edi-cambodia.org/

Ms. Pich Rathmony is a specialist in financial management and entrepreneurship education. She has her bachelor degree in Business Economic from National University of Management and Master degree of General Management from Charles Sturt University. In addition, she earns an acceptance to provincial certification Training of Business Edge by Mekong Private Sector Development Facility which is part of World Bank Group.

During 14 years, she has facilitated in many training courses to multi sectors such as Trade Unions, Multi National Corporation –Garment factories, NGOs, Government agencies, and Business sectors. The training topics are involved like project planning, communication, accounting & financial skills, business plan creation, micro business and entrepreneurship. 

How to register

Enroll in the course

General Note: 

  • All our courses can be facilitated as Customized In-House Training course.
  • Course duration is flexible and the contents can be modified to fit any number of days.
  • The course fee includes facilitation, training materials, 2coffee breaks, and a Certificate of  successful completion of Training.
  • FREE Consultation and Coaching provided during and after the course.

Other Available Training Courses

Contact:       023 966 967 (Office)
                     015 728 123 (Smart)
                     092 888 411/ 092 888 533/ 011 888 522 (Cellcard)
 
Address:     #22, St. 51┴154, PhsarThmei III, Daun Penh, PP.
Facebook:  @edicambodia (Page name: EDI Professional Training)
Email:         publictraining@edi-cambodia.org

 

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