Training overview

Cost Controlling Essentials - 16/06/2025

In Short

  • Zaventem
  • 650
  • 16/06/2025
  • 1 day

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Costing is the foundation of management accounting. This course focusses on costing in manufacturing environments. As costing is often 60 – 80% of the total cost in such a company, it’s importance can’t be overstated.

What to Expect

You’ll explore different costing and valuation methods and learn when to apply each one within an ERP system. More importantly, you’ll learn to interpret variances, pinpoint their root causes, and identify actions to optimize financial performance. You’ll also gain a clear understanding of legal compliance requirements (IAS 2, BE GAAP) and how to avoid common pitfalls.

Through hands-on exercises, you’ll build a P&L which is optimized for KPI measurements. You’ll learn why to use which KPI for which part in the P&L, and commonly made mistakes.

Training Goals

By the end of the course, you should have a very clear understanding on COGS, variances, legal valuation requirements and how to generate insights from the P&L that can help you steer your company towards more profitability.

For who

This course is tailored for junior and mid-level controllers who want to strengthen their expertise in costing. You’ll not only gain theoretical knowledge but also apply it through real-life business cases, interactive discussions, and practical exercises. The trainer, with over 10 years of experience in costing and management accounting, will guide you through industry-relevant challenges. Participants are encouraged to bring their own questions to the training for guided group discussions.

Make sure you have the following installed on your computer to be able to work during the training:

  • MS Excel 2010 or higher

The training will be given in English.

Cancellation conditions

  • until 2 weeks upfront: 100% refund
  • until 1 week upfront: 50% refund

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