Basic Cost Training

26 hours of training. Includes 6 hours of video teleconference instructor interface and 20 hours of self-paced study broken down into two 10-hour blocks

CPE credits are obtainable provided minimum performance requirements are met. The CPE credits include 5 hours of accounting and 21 hours of cost management. Each student receives a signed course certificate of completion

Overview

A

Recognize the Cost War Threat

B

Differentiate between external reporting and managerial costing

C

Perform simple cost allocations

D

Understand the purpose and use of the CBA process

E

Participate productively in the cost management process

2 hours
Identify similarities between Battlefield Management and Cost Management

4 hours
Difference between internal and external reporting
Purpose and motivation for managerial costing

2 hours
Perform a simple cost allocation

2 hours
Perform a cost benefit analysis **Basic Level**

10 hours
Identify the steps in an After Action Review
The purpose and motivation for continuous improvement
The purpose and motivation for leadership-driven cost control processes
The implementation requirements for cost management and control
The characteristics of a Cost Managed Organization from the Fort Huachuca Garrison Case Study

Courses

The Cost War Threat and the Battlefield Management Paradigm
External reporting vs managerial costing
The purpose and use of managerial costing
Cost measurement: simple cost allocation
Cost Benefit Analysis
Identify the steps in After Action Review
Determine the purpose and motivation for continuous improvement
Determine the purpose and motivation for leadership-driven cost control processes
Determine implementation requirements for cost management and control
identify the characteristics of a Cost Managed Organization from the Fort Huachuca Garrison Case Study