Costing and Valuation Training Course

Costing and Valuation Training Course

Intermediate | 5 days | Face to Face / Online / Elearning | Certificate
01

Course Overview

Course Summary
Course Title Costing and Valuation Training Course
Organization Tech For Development (T4D)
Venue Tech For Development (T4D) Training Centre
Duration 5 days
Target Industries
Target Job Roles
Course Fees (Face-to-Face) USD 1,500/KES 99,000 (Exclusive of VAT)
Course Fees (Virtual) USD 1,000/KES 70,000 (Exclusive of VAT)
Training Modes Virtual and face-to-face training
Payment Payment should be made to the Tech For Development (T4D) bank account on or before the start of the course
Accreditation Tech For Development Certificate of Course Completion

Course Overview:
This intensive course offered at T4D is designed to provide participants with a comprehensive understanding of the principles and techniques of costing and valuation in both manufacturing and service industries. This course covers various costing methods, the role of costing in decision-making, and the valuation of assets and inventories. Participants will engage in practical exercises and case studies to develop their ability to apply costing and valuation techniques in real-world scenarios.

Course Duration:
5 Days

Target Audience:

  • Financial analysts and accountants
  • Cost accountants
  • Managers involved in budgeting and financial planning
  • Business owners and entrepreneurs
  • Anyone interested in understanding costing and valuation principles

Personal Impact:

  • Develop a strong foundation in costing and valuation methodologies.
  • Enhance skills in financial decision-making and performance evaluation.
  • Gain confidence in applying costing techniques to improve organizational efficiency.

Organizational Impact:

  • Improve accuracy in cost estimation and pricing strategies.
  • Support effective budgeting and resource allocation.
  • Foster a culture of cost awareness and efficiency in operations.

Course Objectives:
By the end of this course, participants will be able to:

  • Understand the key principles and types of costing methods.
  • Apply various costing techniques to different business scenarios.
  • Valuate assets and inventories using appropriate methodologies.
  • Analyze cost behavior and its impact on profitability.
  • Make informed decisions based on costing and valuation data.
02

Course Modules

Course Outline:

Module 1: Introduction to Costing Concepts

  • Overview of costing and its importance in business
  • Types of costs: fixed, variable, direct, and indirect
  • The role of costing in decision-making and performance measurement
  • Practical Exercise: Identifying and classifying costs in a business scenario

Module 2: Costing Methods and Techniques

  • Overview of costing methods (e.g., job order costing, process costing, activity-based costing)
  • Understanding overhead allocation and cost drivers
  • Implementing standard costing and variance analysis
  • Case Study: Applying different costing methods to a manufacturing scenario

Module 3: Valuation of Assets and Inventories

  • Principles of asset valuation and its importance
  • Methods of inventory valuation (FIFO, LIFO, weighted average)
  • Understanding impairment and revaluation of assets
  • Practical Exercise: Valuing a company's inventory using different methods

Module 4: Cost Behavior and Analysis

  • Understanding cost behavior and its impact on decision-making
  • Conducting break-even analysis and margin analysis
  • Using cost-volume-profit (CVP) analysis for strategic planning
  • Case Study: Analyzing cost behavior in a service industry

Module 5: Applications of Costing and Valuation in Business

  • Integrating costing and valuation into financial planning and budgeting
  • Using costing information for pricing decisions and profitability analysis
  • Exploring the role of technology in costing and valuation processes
  • Real-life Project: Developing a costing and valuation report for a business case
03

Course Administration

Methodology

Instructor-led sessions use a blended learning approach combining presentations, guided practical exercises, web-based tutorials, and group work, delivered by seasoned industry experts. All facilitation and course materials are in English, so participants should be reasonably proficient in the language.

Accreditation

Upon successful completion of this training, participants will be issued a Tech For Development Certificate of Course Completion

Training Venue

The training will be held at the Tech For Development Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.

Accommodation & Airport Transfer

Arranged upon request.For reservations contact the Training Officer:
Email: [email protected]
Phone: (+254) 790 824 179

Tailor-Made

This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our T4D Training Centre or at a convenient location.

Payment

Payment should be transferred to the T4D account through a bank on or before the start of the course. Send proof of payment to [email protected].

Course Reviews

Based on 0 participant feedback

No reviews yet for this course. Be the first to share your experience!

Write a Course Review

Please share your honest feedback below.

5 / 5 (Excellent)
Date Cost
2026 Schedules
Nairobi
16 Nov - 20 Nov
KES 99,000 |
$1,500
Register
14 Dec - 18 Dec
KES 99,000 |
$1,500
Register
Johannesberg
Mombasa
Kigali
Addis Ababa
Kuala Lumpur
Accra
Cairo
Cape Town
Pretoria
Dar es Salaam
Naivasha
Kisumu
Arusha
Machakos
Nakuru
Kampala
Dubai
Zanzibar
2027 Schedules
Dar es Salaam
18 Jan - 22 Jan

$2,100
Register
15 Feb - 19 Feb

$2,100
Register
15 Mar - 19 Mar

$2,100
Register
19 Apr - 23 Apr

$2,100
Register
17 May - 21 May

$2,100
Register
21 Jun - 25 Jun

$2,100
Register
19 Jul - 23 Jul

$2,100
Register
16 Aug - 20 Aug

$2,100
Register
20 Sep - 24 Sep

$2,100
Register
11 Oct - 15 Oct

$2,100
Register
15 Nov - 19 Nov

$2,100
Register
20 Dec - 24 Dec

$2,100
Register
Kigali
Addis Ababa
Kuala Lumpur
Accra
Cairo
Pretoria
Cape Town
Johannesberg
Zanzibar
Arusha
Kisumu
Dubai
Mombasa
Nairobi
Nakuru
Machakos
Naivasha
Kampala