Managing and Organizing Accounts Payable
Organize an efficient, well-controlled accounts payable function by improving invoice processing, vendor management, payment controls, fraud prevention and performance measurement.
Use cost behavior, relevant costing, activity-based costing, target costing and profitability analysis to support pricing, sourcing, product and investment decisions.
Cost Analysis to Support Strategic Decisions shows how accurate cost information underpins choices about pricing, product mix, sourcing, customer focus and investment. Participants explore cost behavior and cost-volume-profit analysis, relevant costing for decisions such as make-or-buy and closing a product line, and activity-based costing for understanding the true cost of products, services and customers. The course also covers strategic cost management tools, including target costing, life-cycle costing, value chain analysis and cost of quality, and examines the limitations of traditional absorption costing.
Learning is case-based and analytical. Participants rebuild product costs using activity-based costing, assess a make-or-buy proposal, analyze customer profitability and use target costing to evaluate a new offering. Each case ends with a recommendation that weighs financial results alongside strategic and qualitative factors. Excel models support the calculations. The course can be delivered as an in-house program, applying the techniques to an organization's own products, services and cost structure to produce practical insight during the training itself.
By the end of this course, participants will be able to:
Analyze cost behavior and apply cost-volume-profit analysis to strategic choices
Identify relevant costs for make-or-buy, outsourcing and discontinuation decisions
Apply activity-based costing to products, services and customers
Use target costing and life-cycle costing to shape new offerings
Evaluate customer and product profitability to guide portfolio decisions
Recommend decisions that balance cost analysis with strategic and qualitative factors
This course is for professionals who analyze costs or rely on cost information to make strategic decisions.
Management and cost accountants
Financial analysts and finance business partners
Commercial, pricing and product managers
Operations and supply chain managers
Strategy and business development staff
Cost classification for decision-making
Fixed, variable and step costs
Cost-volume-profit and break-even analysis
Absorption versus marginal costing
Relevant, sunk and opportunity costs
Make-or-buy and outsourcing decisions
Accepting special orders and limiting factors
Closing a product line or business segment
Limitations of traditional overhead absorption
Identifying activities and cost drivers
Product and service costing using ABC
Customer profitability analysis
Target costing and value engineering
Life-cycle costing
Value chain analysis
Cost of quality and continuous improvement
Cost-based and value-based pricing
Product and service portfolio analysis
Qualitative factors and strategic fit
Presenting cost-based recommendations
As Qatar's economy diversifies, companies in manufacturing, logistics, hospitality, healthcare and services face growing competition and need a clear understanding of what drives their costs and profits. Public bodies, too, must demonstrate efficient use of resources. Robust cost analysis supports competitive pricing, smarter sourcing and sustainable growth. Building these analytical skills contributes to the productive, competitive private sector and efficient public services envisaged in Qatar National Vision 2030.
Join a scheduled class at our training center in Doha or attend live online. For organizations, the course can run as an in-house program at your premises or online, tailored to your sector, case studies and timetable.
It is a course on using cost information to guide strategic choices. It covers cost behavior, relevant costing, activity-based costing, target and life-cycle costing and profitability analysis for pricing, sourcing and portfolio decisions.
It suits management and cost accountants, financial analysts, finance business partners, pricing and product managers, operations and supply chain managers and strategy staff who rely on cost information.
No. Although costing grew up in manufacturing, the techniques apply equally to services, healthcare, logistics, hospitality and public bodies. Activity-based costing and customer profitability analysis are especially valuable in service organizations.
Yes. It can be delivered at your premises or online and tailored to your sector, products, services, cost structure and schedule. Contact Leaders Training Center to plan an in-house program.
Tell us a little about yourself and an advisor will contact you about batch timings, fees and eligibility. No obligation.
Sat–Thu: 09:00–22:00Fri: 08:00–22:00
Organize an efficient, well-controlled accounts payable function by improving invoice processing, vendor management, payment controls, fraud prevention and performance measurement.
Plan and organize an effective accounts receivable function that sets sound credit policies, invoices accurately, collects cash on time, resolves disputes and reduces bad debts.
Learn double-entry bookkeeping and the full accounting cycle, from recording transactions to preparing a trial balance, income statement, balance sheet and cash flow statement.
Deepen your expertise in group accounting, complex IFRS areas, advanced financial analysis, valuation and treasury so you can lead reporting and advise senior management.