Mastering Costs and Budgets
Budget under control, profit within reach
in Executive Education in Belgium and #17 in Europe
How do you compile cost data? How do you calculate cost? How do you establish a budget? In this three-day programme, you’ll live and learn approaches that allow you to better assess profitability – or products, customers and markets. And you’ll gain knowledge and instruments to leap confidently into analysing and creating budgets.
This programme gives you the ability to set up a simple cost system and understand the meaning of Activity Based Costing. Setting up and assessing budgets will become a piece of cake.
Module 1: Costing Concepts
- Discover key concepts such as variable and fixed costs, direct and indirect costs, differential and opportunity costs
- Explore various techniques for cost calculations
- Learn about contributions
- Learn to calculate actual, standardised and variable costs
Module 2: From Full Costing to Activity Based Management
- Learn to distinguish relevant from irrelevant costs and yields
- Discover Activity Based Costing (ABC)
- Understand how ABC helps to proactively control cost
Module 3: Budgeting
- Understand budgets
- Explore why organisations use budgets
- Lean how budgets are created
- Master the key concepts and various techniques used to calculate costs
- Learn to recognise the difference between relevant and irrelevant costs and yields
- Become an expert in Activity Based Costing (ABC)
- Acquire techniques for establishing a budget
- Professionals
- Functional managers outside finance
- General managers with little prior knowledge of finance
Filip Roodhooft
Professor of Management Accounting
Filip Roodhooft shows you how the finance function can be a valuable business partner for your organisation.
Kristof Stouthuysen
Professor of Management Accounting & Digital Finance
Kristof Stouthuysen drives sustainable value creation with management accountancy – and leverages technology to make better financial decisions.
{"editions":[{"id":"4b7c5a23-afc1-5369-8086-d41e8d1a9e97","__typename":"kontent_item_programme_edition","system":{"id":"efc3c75f-3903-511e-8a73-115803405dba","codename":"programmeedition_0b36081b6877ec11941c005056973a2d"},"elements":{"display_until_date":{"value":"2023-03-29T00:00:00Z"},"registration_flow":{"modular_content":[{"system":{"id":"6883e5d3-632d-01fb-20b2-780652c9f235"}}]},"schedule":{"value":"<p><br></p>","links":[],"__typename":"kontent_item_rich_text_element_value","modular_content":[]},"registration_link":{"value":""},"start_date":{"value":"2023-03-29T00:00:00Z"},"timing":{"value":"29-31 March 2023"},"end_date":{"value":"2023-03-31T00:00:00Z"},"long_description":{"value":"Inzicht in Kosten en Budgetten Maart 2023 NL"},"location":{"value":[{"name":"Brussels|Brussel","codename":"brussels_brussels"}]},"waiting_list":{"value":[]},"starts_anytime":{"value":[]},"start_period":{"value":[{"name":"Spring|Lente"}]},"fees":{"value":[{"name":"€ 1,000 - € 5,000|€ 1.000 - € 5.000"}]},"location_detail":{"value":""},"format":{"value":[{"name":"Short (2 - 12 days)|Kort (2 - 12 dagen)","codename":"short_2___12_days__short_2___12_days_"}]},"language":{"value":[{"name":"Dutch|Nederlands","codename":"dutch_dutch"}]},"length":{"value":"3 days"},"programme_schedule":{"value":""},"fully_booked":{"value":[]},"price":{"value":3595},"web_contact":{"value":[{"id":"95977507-f7c0-569d-bb5d-d257bec064ed","system":{"id":"ea9153b5-cc6e-59fc-9fca-62f6e5268e44","codename":"contact_6b1324f4f9c5ec11941e005056973a2d"},"elements":{"email":{"value":"linh.pham@vlerick.com"},"function_title":{"value":"Product Manager"},"name":{"value":"Linh Pham"},"phone":{"value":"+3222254155"},"profile_image_url":{"value":"https://api.vlerick.com/bynder/profilepicture/299379"},"calendly_link":{"value":"https://calendly.com/linh_pham/30min"}}}]}}},{"id":"8b284635-7865-5e53-9542-084cf70e70f6","__typename":"kontent_item_programme_edition","system":{"id":"82222306-a631-5b1d-9e12-bb64f29317f6","codename":"programmeedition_1f5328546a77ec11941c005056973a2d"},"elements":{"display_until_date":{"value":"2023-05-22T00:00:00Z"},"registration_flow":{"modular_content":[{"system":{"id":"1db3890c-b735-01f1-1607-f24451174a4b"}}]},"schedule":{"value":"<p><br></p>","links":[],"__typename":"kontent_item_rich_text_element_value","modular_content":[]},"registration_link":{"value":""},"start_date":{"value":"2023-05-22T00:00:00Z"},"timing":{"value":"22-24 May 2023"},"end_date":{"value":"2023-05-24T00:00:00Z"},"long_description":{"value":"Mastering Costs & Budgets May 2023 ENG"},"location":{"value":[{"name":"Brussels|Brussel","codename":"brussels_brussels"}]},"waiting_list":{"value":[]},"starts_anytime":{"value":[]},"start_period":{"value":[{"name":"Spring|Lente"}]},"fees":{"value":[{"name":"€ 1,000 - € 5,000|€ 1.000 - € 5.000"}]},"location_detail":{"value":""},"format":{"value":[{"name":"Short (2 - 12 days)|Kort (2 - 12 dagen)","codename":"short_2___12_days__short_2___12_days_"}]},"language":{"value":[{"name":"English|Engels","codename":"english_english"}]},"length":{"value":"3 days"},"programme_schedule":{"value":""},"fully_booked":{"value":[]},"price":{"value":3595},"web_contact":{"value":[{"id":"95977507-f7c0-569d-bb5d-d257bec064ed","system":{"id":"ea9153b5-cc6e-59fc-9fca-62f6e5268e44","codename":"contact_6b1324f4f9c5ec11941e005056973a2d"},"elements":{"email":{"value":"linh.pham@vlerick.com"},"function_title":{"value":"Product Manager"},"name":{"value":"Linh Pham"},"phone":{"value":"+3222254155"},"profile_image_url":{"value":"https://api.vlerick.com/bynder/profilepicture/299379"},"calendly_link":{"value":"https://calendly.com/linh_pham/30min"}}}]}}},{"id":"c6a4e363-5266-5ddb-8e91-3bfada412ece","__typename":"kontent_item_programme_edition","system":{"id":"2981f89b-02ec-5dbe-aa8a-77807b236c5f","codename":"programmeedition_8022c2c36d77ec11941c005056973a2d"},"elements":{"display_until_date":{"value":"2023-11-20T00:00:00Z"},"registration_flow":{"modular_content":[{"system":{"id":"0d02872d-6827-44fc-930c-c951058fb0b6"}}]},"schedule":{"value":"<p><br></p>","links":[],"__typename":"kontent_item_rich_text_element_value","modular_content":[]},"registration_link":{"value":""},"start_date":{"value":"2023-11-20T00:00:00Z"},"timing":{"value":"20-22 Nov 2023"},"end_date":{"value":"2023-11-22T00:00:00Z"},"long_description":{"value":"Inzicht in Kosten en Budgetten Najaar 2023 NL"},"location":{"value":[{"name":"Ghent|Gent","codename":"ghent_ghent"}]},"waiting_list":{"value":[]},"starts_anytime":{"value":[]},"start_period":{"value":[{"name":"Fall|Herfst"}]},"fees":{"value":[{"name":"€ 1,000 - € 5,000|€ 1.000 - € 5.000"}]},"location_detail":{"value":""},"format":{"value":[{"name":"Short (2 - 12 days)|Kort (2 - 12 dagen)","codename":"short_2___12_days__short_2___12_days_"}]},"language":{"value":[{"name":"Dutch|Nederlands","codename":"dutch_dutch"}]},"length":{"value":"3 days"},"programme_schedule":{"value":""},"fully_booked":{"value":[]},"price":{"value":3595},"web_contact":{"value":[{"id":"95977507-f7c0-569d-bb5d-d257bec064ed","system":{"id":"ea9153b5-cc6e-59fc-9fca-62f6e5268e44","codename":"contact_6b1324f4f9c5ec11941e005056973a2d"},"elements":{"email":{"value":"linh.pham@vlerick.com"},"function_title":{"value":"Product Manager"},"name":{"value":"Linh Pham"},"phone":{"value":"+3222254155"},"profile_image_url":{"value":"https://api.vlerick.com/bynder/profilepicture/299379"},"calendly_link":{"value":"https://calendly.com/linh_pham/30min"}}}]}}}],"programmeType":"executive_education_executive_education"}