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Value Creation through Cost Control
Overview
This course will provide you with the knowledge to identify your organisation's value creating processes and control costs, whilst maximising organisational value.
In this course you will explore practical application scenarios via a case study this is an important part of your learning and provides an opportunity to relate the theory components of this program to actual practice.
Using the Vineyard2U Pty Ltd Case Study will take us through an analysis of an organisation's value creating activities and related cost control opportunities.
Key topics
- What is value creation?
- Identify and describe transformational activities.
- Identify and describe enabling/support activities.
- Why is value creation relevant to cost control?
- Approaches to value creation through cost control.
- Value creation through cost control opportunities in functional areas of an organisation.
This course consists of one online course, one downloadable PDF learning manual and one online assessment.
What you'll learn
- Explain the value creation concept and how it applies to your organisation.
- Discuss why costs are incurred and how to analyse cost structures and activity levels.
- Implement ideas to generate immediate improvement in your organisation through value creation and cost control.
Who is this for ?
This course is designed for people working in corporate entities, small to medium enterprises, public sector and not-for-profits, in areas such as management accounting, financial management and financial control.
