SUPPORTED TRAINING - Cost & Budget Management for Ship Managers (Commercial and Technical)

The 4 sessions will cover the following topics. 

• Budgeting (Basics, Benefits & Process)
• Human Behaviour, commitment from top and “all buy-in”
• Strategic, budgetary and operational planning
• Budgeting revenue, overheads and expenses
• Break-even analysis
• Cost behaviour (fixed, variable and semi-fixed costs)
• Direct & indirect costs
• Absorption costing, marginal costing and analysis of costs
• Accrual basis of accounting
• Variance Analysis & closed loop feedback

Costs is Dhs 1850. Discounts may be applicable. Please email admin@icsmiddleeast.org for more info.