Cost Accounting and Cost Management in Oil Refineries

This Gulf Rowad Finance & Budgeting training course on Cost Accounting and Cost Management in Oil Refineries will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes:

• Discussion of the latest issues facing your organization and sector
• Real world case studies demonstrating the practical application of each topic
• Illustrative extracts from leading international companies
• Discussion of issues specifically relevant to your organisation
• Illustrated presentations of budget issues focusing on recent events and strategic issues

By the end of this Gulf Rowad training course, participants will learn to:

• Determine the Costs associated with your department / company
• Assess and Manage Costs / Price Volatility
• Use the very latest Costing Methods
• Analyse Cost & Price Volatility to enable better decisions
• Control Costs effectively

This  Gulf Rowad training course is suitable to a wide range of professionals but will greatly benefit:

• Professionals responsible for Costs – Managing, Monitoring & Controlling
• Those whose role requires an understanding of the latest Costing Techniques
• Anyone with Planning Responsibility
• Advisors, Accountants and Business Consultants
• Professionals seeking a better understanding of the Costs & Prices within your organization

Organisational Impact

The organization will benefit by:

• Improved appreciation for the importance of cost control within the sector
• Improved cost control and management
• Improvements in communications between staff and line management
• Better preparation and management of budgets to support cost control
• Improved profit and sustainability
• More knowledgeable and financially aware staff with appropriate skills

Personal Impact

Individuals will benefit by:

• Increasing their knowledge and skill set in all phases of management accounting and cost management
• Greater ability to participate in and to lead cost management initiatives
• Recognizing the increased professionalism to deal with the current and future topics
• Increased recognition by the organization of their learning and professional commitment
• Challenging themselves in an immersive learning environment
• Knowledge of the latest international cost management methods