Drill 1 Cost, Volume, Profit (CVP)

Analysis

CVP Assumptions and Terminology

Essentials of CVP Analysis

Break-even Profit

CVP Analysis for Decision Making

Sensitivity Analysis and Uncertainty

RK

Drill 2 Relevant Costs for

Decision Making

Concepts of Relevance

Common Applications of Differential Analysis

Accept or Reject a Special Order

Make or Buy Component Parts

Continue or discontinue a Business Segment

Selling or Processing Further

Product Emphasis

Others

RK10

Drill 3

Pricing Decisions and Cost

Management

Major Influences on Pricing Decisions

Cost and Pricing in the Short Run

Cost and Pricing in the Long Run

Target Costing and Target Pricing

Cost Plus Pricing

Life-Cycle Product and Budgeting and Costing

Case 4

H12

Strategy and Balanced

Scorecard

What is Strategy

Implementation of Strategy and Balanced Scorecard

H13

Master Budget Strategic Planning and Operational Planning

Budgets and the Budgeting Cycle

Advantages of Budgets

Operating Budget

RK8

Drill 4

Flexible Budgets,

Variances and

Management Control

Review of Cost Variances

Management Uses of Variances

Benchmarking and Variance Analysis

H7, H8

Customer Profitability

Analysis

Customer Revenues and Customer Costs

Customer Profitability Profile

Sales Variances

Sales Mix and Sales Quantity Variances

Market Share and Market Size Variances

Revenue Allocation and Bundled Products

Case 6

H14

Drill 5 Management Control

Systems, Transfer Pricing

and Multinational

Considerations

Management Control Systems

Responsibility Accounting

Decentralization

Transfer Pricing

Case 7

RK13

Drill 6 Performance

Measurement,

Compensation, and

Financial and Non-financial Performance Measures

Management Compensation Systems

Motivation and Organization Culture

RK14

Multinational

Considerations