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CPD-Accredited: Best Practices in Managing Cost and Profit

According to Ellis Davison, entrepreneur and regular contributor to Macworld & TidBITS, the three most important factors to determine your business success are COST, REVENUE and PROFIT. Your business may show a high revenue, but if your costs are higher, there will be no profit. If capital runs out, your business is destined to declare bankruptcy.

Achieve competitive advantage for your organization through cost leadership! The Center for Global Best Practices is launching a two-day training entitled, Best Practices in Managing Cost and Profit to be held on Wednesday and Thursday, March 27 & 28, 2019 at the Manila Marriott Hotel, Pasay City, Philippines.


This two-day training seeks to enhance knowledge and skills of CEOs, CFOs, finance directors and managers, comptrollers, financial analysts, budget officers, bookkeepers, entrepreneurs and anyone dealing with managing cost and profit across the value chain of a business. This program will teach you the process of initially locating costs in the financial statements and applying the Du Pont method of analyzing profitability as the starting point of strategic analysis.



This will subsequently transform the same into strategic cost management. Attending participants will also learn value chain analysis, strategic positioning analysis, cost driver analysis, activity-based costing, and customer profitability analysis.



Grab the opportunity to learn from the accounting guru, Dr. Rufo R. Mendoza, PhD, CPA who was the Chairman of Finance and Accounting Department and Program Director of the Master in Development Management in Public Finance at the Asian Institute of Management. He was the Vice Chair of the Professional Regulatory Board of Accountancy and the Chair of Continuing Professional Development Council for Accountancy.




His consulting experiences include engagements with The World Bank, Australian Agency for International Development, United States Agency for International Development, United Nations Development Programme, and European Commission. He has written four books and 21 research and technical papers. He was a national awardee as Outstanding CPA in Professional Development (2008) and in Government Service (2010) of the Philippine Institute of Certified Public Accountants.


Interested participants may choose to avail of the following:
a) 5% Early Registration Discount (valid until February 27)
b) 5% Early Payment Discount (valid until March 7)
c) 5% Group Discount

Note: Registration is open to the general public. This program is accredited by the Professional Regulations Commission/ Board of Accountancy. Accountants attending to this training will earn CPD credit units.

CGBP is also accredited by the Civil Service Commission. Attendees from the government can earn points for their career advancement and are exempted from the Php 2,000 limit when attending training conducted by the private sector based on DBM circular 563 dated April 22, 2016.

You may also find of interest the following Best Practices programs:
1) 2019 MCLE Program for Lawyers
     Wednesday - Saturday, March 13 - 16, 2019

2) 2019 Revised Corporation Code of the Philippines (SEC-Accredited)
     Thursday, April 11, 2019

3) Best Practices in Implementing Effective Business Controls (CPD-Accredited)     
     Friday, April 12, 2019 (Manila Run)
     Thursday, June 20, 2019 (Cebu Run)

4) How to Structure Salaries, Wages and Benefits
     Wednesday, April 24, 2019

5) Write RIGHT for Positive Results! (CPD-Accredited)     Friday, April 26, 2019

6) Strengthening Mental Wellness in the Workplace (CPD-Accredited)
     Wednesday & Thursday, May 8 & 9, 2019

7) Best Practices in Corporate Housekeeping (SEC-Accredited)
     Thursday & Friday, May 23 & 24, 2019

     Friday, June 21, 2019 (Cebu City)

9) Best Practices in Performance-Based Compensation
     Thursday & Friday, July 4 & 5, 2019
       Friday, August 30, 2019

14) Best Practices in Succession Planning
       Friday, September 6, 2019

15) Manager Effectiveness Program
       Wednesday & Friday, October 9 & 10, 2019

16) Best Practices in Managing Financial Performance (CPD-Accredited)
       Wednesday & Thursday, November 27 & 28, 2019

17) More at www.cgbp.org

For inquiries, you may contact
Center for Global Best Practices

Telephone Numbers:
Metro Manila: (+63 2) 842-7148 or 59, and (+63 2) 556-8968 or 69
Baguio City: (+63 74) 423-2914
Cebu City: (+63 32) 512-3106 or 07
Legaspi City: (+63 52) 736-0148

CGBP also accepts in-house training and consulting for individuals, families, and corporate clients. We invite you to check our website for a complete list of Best Practices programs.

#BestPractices #UpcomingSeminars2019 #financemanagement#accountingmanagement #accountingtips #accountingstandards#costefficiency #costmanagement #profitmargins #profitability#businessdevelopment #businessmanagement #businessstrategy#CPDAccredited
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