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Budget under control, profit within reach


Mastering Costs and Budgets

How do you compile cost data? How do you calculate the          For whom?
cost? And how do you establish a budget?
                                                                •	 You have no or little prior knowledge of Accounting.
This programme is a source of helpful advice. We provide        •	 You seek to increase your competence in cost calculation
you with the right knowledge and instruments to allow you          and the budgeting process.
to better assess the profitability of products, customers and
markets.                                                        Added value for you and your company

Once you have followed the programme, you will be capable       •	 You will know the key concepts and various techniques
to set up a simple cost system and perfectly explain the           used to calculate costs.
meaning of Activity Based Costing. Establish and analyse a      •	 You will be able to tell the difference between relevant and
budget? This too, will be a piece of cake.                         irrelevant costs and yields.
                                                                •	 You will master the technique of Activity Based Costing
                                                                   (ABC).
                                                                •	 You will have acquired the techniques necessary to
                                                                   establish a budget.




Filip Roodhooft provides you with the right knowledge
to keep your budget under control
Programme design                                                                     Meet your faculty

  You will be amazed by our keenness for practice. Departing from well founded         •	 Prof Filip Roodhooft teaches
  theory, we illustrate it with practice-based examples, case studies and exercises.      Accounting & Control. As Research
  The benefit for you? Immediately after the programme, you can put your                  Dean he is closely involved with many
  knowledge to the test in your own organisation.                                         research projects. In addition he
                                                                                          specialises in Management Accounting
  You will learn not merely from the lectures given by our faculty. Draw                  and Total Cost of Ownership.
  inspiration from your participating colleagues. Interaction and exchanging
  experiences will teach you a great deal.                                             PRACTICAL INFO

  You can follow this programme on its own or as part of the complete package          Dates and venues
  ‘Financial Management for Non-Financial Managers’.                                   3 days
                                                                                       Leuven Campus (Dutch): 10, 17,
  Module 1: Costing Concepts                                                           24 October 2012 or
                                                                                       Brussels (English): 7, 14, 21 November
  •	 Key concepts such as variable and fixed costs, direct and indirect costs,         2012 or
     differential and opportunity costs                                                Leuven Campus (Dutch): 8, 15, 22 May
  •	 Various techniques for cost calculations                                          2013
  • 	What is contribution?
  •	 How to calculate actual, standardised and variable costs?                         Language
                                                                                       Dutch (Leuven) or English (Brussels)
  Module 2: From Full Costing to Activity Based Management
                                                                                       Fee
  •	 How do you distinguish between relevant and irrelevant costs and yields?          € 1,990 (excl. 21% VAT)
  •	 What is Activity Based Costing (ABC)?
  •	 How does ABC help to proactively control cost?

  Module 3: Budgeting


  •	 What is a budget?
  •	 Why do organisations use budgets?
  •	 How are budgets created?



Programme 1:                Programme 2:                  Programme 3:
                                                          Fundamentals
Understanding               Mastering Costs               of Financial
Annual Reports              and Budgets                   Management


Module 1:                   Module 1:                     Module 1:
Introduction to             Costing Concepts              Financial
Annual Reports                                            Management


Module 2:                   Module 2:                     Module 2:
Interpretation of           From Full Costing             The Investment
Balance Sheets and          to Activity Based             Process
Profit-and-Loss Accounts    Management


                            Module 3:
                            Budgeting

                                                                                       Apply now!

                                                                                       Please see Practical Info on the following
                                                                                       page, or visit:
                                                                                             www.vlerick.com/costs-budgets
PRACTICAL INFO

Registration                                              Online registration: quick & easy!

Action! Register online.

Questions? Please contact:
Vincent Bagué
Group Product Manager
T: + 32 9 210 97 81
F: + 32 9 210 97 28
vincent.bague@vlerick.com
Reep 1
9000 Ghent, Belgium

Your certificate

If you take part in one of our programmes, you are        Register online via:
entitled to a certificate from Vlerick Business
School.                                                   www.vlerick.com/
                                                          accounting-finance
If you successfully complete an Executive Master Class,
you can join the Vlerick Alumni Network, a worldwide
network of over 16,000 alumni in more than 100            Financial benefits for you?
countries.
                                                          •	 10% discount for paying members of Vlerick Alumni
Cancellation                                              •	 SME portfolio: subsidies for Flemish SMEs.
                                                          •	 Vlerick Social Profit Grants for organisations active in
Consult our cancellation conditions at:                      the social profit sector.
www.vlerick.com/conditions
                                                          You’ll find more info at: www.vlerick.com/benefits
Our team is here for you


             Vincent Bagué
             Group Product Manager
             T: + 32 9 210 97 81
             vincent.bague@vlerick.com


             Rian De Bruycker
             Programme Advisor
             T: + 32 9 210 98 84
             rian.debruycker@vlerick.com
Application form
Accounting & Finance


    EXECUTIVE EDUCATION AND RESEARCH IN 2012-2013



    ACCOUNTING & FINANCE
                                                        Yes, I wish to apply for the following programme(s):

                                                          	 Financial Management for Non-Financial Managers	 	 Valuation of Companies
                                                          	 Understanding Annual Reports	                           	 Executive Master Class in Controllership
                                                          	 Mastering Costs and Budgets	                            	 Executive Master Class in Corporate Finance
                                                          	 Fundamentals of Financial Management	                   	 Executive Master Class in Financial Analysis
                                                          	 Strategic Cost Management	                             	 and Asset Management
    ENGLISH
                                                        			
                                                        	     	 In addition, I wish to receive more information on the management programmes of
                                                        		 Vlerick Business School that I have ticked on the reverse side of this form.

Name                                                                                          First name                                                                 M         F

Function

Company

Company address                                                                                                                                   N°                   bus

Postal code                                                               City

Country

Telephone                                                                                                   Fax

E-mail
	                     	 Yes, I would like to stay up-to-date about the activities of Vlerick Business School via e-mail.
	                     	 No, I do not want to receive information about the activities of Vlerick Business School via e-mail.

Home address                                                                                                                                      N°                   bus

Postal code                                                               City

Country

Home telephone

Invoice to be addressed to:

Name                                                                                          First name                                                               M          F

(Only fill the section below if different from company address above)

Address                                                                                                                                           N°                   bus

Postal code                                                               City

Country

VAT n°

	                     	 I am paying member of Vlerick Alumni and enjoy a 10% reduction on this programme

Date                                                -    -                       Signature



Please return this form BY FAX OR POST to:

Vlerick Business School, attn. Vincent Bagué,                                                           Your contact details will be stored in a database of Vlerick Business School for
Reep 1, 9000 Ghent, Belgium, fax + 32 9 210 97 28                                                       the purpose of keeping you updated on our activities. Pursuant to the Belgian
vincent.bague@vlerick.com                                                                               Law on privacy (Wet tot bescherming van de persoonlijke levenssfeer ten
                                                                                                        opzichte van de verwerking van persoonsgegevens) of 8 December 1992 you
You can also apply online at                                                                            are entitled to inspection and correction of data related to you as kept by
www.vlerick.com/accounting-finance                                                                      Vlerick Business School.
THE Programmes of
vlerick BUSINESS school

I would like to receive information on the following programmes (please tick).
Please return your contacting details to us by fax, e-mail or post.



General Management                                                  Operations & Supply Chain Management
 	 Advanced Management Programme E                                   	 Project Management D
 	 International Management Programme E                              	 Purchasing Management E
 	 Middle Management Programme D                                     	 Operational Excellence E
 	 Young Management Programme   D & E                                	 Executive Master Class in Supply Chain Management E

Accounting & Financial Management                                   Entrepreneurship
 	 Understanding Annual Reports D & E                                	 KMO Challenge   D
 	 Mastering Costs and Budgets D & E                                 	 KMO Excellence   D
 	 Fundamentals of Financial Management D & E                        	 Entrepreneurship for Managers   D
 	 Strategic Cost Management E
 	 Valuation of Companies E                                         People Management & Leadership
 	 Executive Master Class in Controllership E                        	 The People Manager D
 	 Executive Master Class in Corporate Finance E                     	 Executive Decision Making D
 	 Executive Master Class in Financial Analysis                      	 How to Improve Your Emotional Intelligence   D
	 and Asset Management E                                             	 Inspiring for Change D
                                                                     	 Negotiating to Create Value D & E
Human Resource Management                                            	 Self-mastery D
 	 HRM with Impact D                                                 	 Bestsellers read for you D
 	 Compensation & Benefits D
 	 Executive Master Class in Human Resource Management        D     Strategy
                                                                     	 Strategy in Action   E
ICT & Business Process Management
 	 ICT-Management D                                                 Executive Master Classes
 	 Business Process Management Workshop D & E                        	 Executive Master Class in B-to-B Marketing and Sales E
 	 Excellence in Business Process Improvement E                      	 Executive Master Class in Business Process Management E
 	 Executive Master Class in Business Process Management      E      	 Executive Master Class in Controllership E
 	 Business Intelligence Workshop E                                  	 Executive Master Class in Corporate Finance E
                                                                     	 Executive Master Class in Financial Analysis
Innovation Management                                               	 and Asset Management E
  	 Strategising for Innovation E                                    	 Executive Master Class in Human Resource Management D
  	 Entrepreneurial Innovation E                                     	 Executive Master Class in Innovation & Entrepreneurship E
  	 Corporate Innovation Management E                                	 Executive Master Class in Supply Chain Management E
  	 Executive Master Class in Innovation & Entrepreneurship   E
                                                                    MBAs
Marketing & Sales                                                    	 Full-time MBA E
 	 Introduction to Marketing Management D                            	 Executive MBA E
 	 Retail & Trade Marketing D                                        	 Executive MBA in Financial Services & Insurance   E
 	 Brand Management & Communication D
 	 Product Management D                                             Masters
 	 Strategic Business-to-Business Marketing D                        	 Masters in Financial Management E
 	 Executive Master Class in B2B Marketing and Sales   E             	 Masters in General Management E
                                                                     	 Masters in Marketing Management E


D   	 Programme in Dutch            E   	 Programme in English




More information on www.vlerick.com

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Brochure Mastering costs and budgets

  • 1. Budget under control, profit within reach Mastering Costs and Budgets How do you compile cost data? How do you calculate the For whom? cost? And how do you establish a budget? • You have no or little prior knowledge of Accounting. This programme is a source of helpful advice. We provide • You seek to increase your competence in cost calculation you with the right knowledge and instruments to allow you and the budgeting process. to better assess the profitability of products, customers and markets. Added value for you and your company Once you have followed the programme, you will be capable • You will know the key concepts and various techniques to set up a simple cost system and perfectly explain the used to calculate costs. meaning of Activity Based Costing. Establish and analyse a • You will be able to tell the difference between relevant and budget? This too, will be a piece of cake. irrelevant costs and yields. • You will master the technique of Activity Based Costing (ABC). • You will have acquired the techniques necessary to establish a budget. Filip Roodhooft provides you with the right knowledge to keep your budget under control
  • 2. Programme design Meet your faculty You will be amazed by our keenness for practice. Departing from well founded • Prof Filip Roodhooft teaches theory, we illustrate it with practice-based examples, case studies and exercises. Accounting & Control. As Research The benefit for you? Immediately after the programme, you can put your Dean he is closely involved with many knowledge to the test in your own organisation. research projects. In addition he specialises in Management Accounting You will learn not merely from the lectures given by our faculty. Draw and Total Cost of Ownership. inspiration from your participating colleagues. Interaction and exchanging experiences will teach you a great deal. PRACTICAL INFO You can follow this programme on its own or as part of the complete package Dates and venues ‘Financial Management for Non-Financial Managers’. 3 days Leuven Campus (Dutch): 10, 17, Module 1: Costing Concepts 24 October 2012 or Brussels (English): 7, 14, 21 November • Key concepts such as variable and fixed costs, direct and indirect costs, 2012 or differential and opportunity costs Leuven Campus (Dutch): 8, 15, 22 May • Various techniques for cost calculations 2013 • What is contribution? • How to calculate actual, standardised and variable costs? Language Dutch (Leuven) or English (Brussels) Module 2: From Full Costing to Activity Based Management Fee • How do you distinguish between relevant and irrelevant costs and yields? € 1,990 (excl. 21% VAT) • What is Activity Based Costing (ABC)? • How does ABC help to proactively control cost? Module 3: Budgeting • What is a budget? • Why do organisations use budgets? • How are budgets created? Programme 1: Programme 2: Programme 3: Fundamentals Understanding Mastering Costs of Financial Annual Reports and Budgets Management Module 1: Module 1: Module 1: Introduction to Costing Concepts Financial Annual Reports Management Module 2: Module 2: Module 2: Interpretation of From Full Costing The Investment Balance Sheets and to Activity Based Process Profit-and-Loss Accounts Management Module 3: Budgeting Apply now! Please see Practical Info on the following page, or visit: www.vlerick.com/costs-budgets
  • 3. PRACTICAL INFO Registration Online registration: quick & easy! Action! Register online. Questions? Please contact: Vincent Bagué Group Product Manager T: + 32 9 210 97 81 F: + 32 9 210 97 28 vincent.bague@vlerick.com Reep 1 9000 Ghent, Belgium Your certificate If you take part in one of our programmes, you are Register online via: entitled to a certificate from Vlerick Business School. www.vlerick.com/ accounting-finance If you successfully complete an Executive Master Class, you can join the Vlerick Alumni Network, a worldwide network of over 16,000 alumni in more than 100 Financial benefits for you? countries. • 10% discount for paying members of Vlerick Alumni Cancellation • SME portfolio: subsidies for Flemish SMEs. • Vlerick Social Profit Grants for organisations active in Consult our cancellation conditions at: the social profit sector. www.vlerick.com/conditions You’ll find more info at: www.vlerick.com/benefits Our team is here for you Vincent Bagué Group Product Manager T: + 32 9 210 97 81 vincent.bague@vlerick.com Rian De Bruycker Programme Advisor T: + 32 9 210 98 84 rian.debruycker@vlerick.com
  • 4. Application form Accounting & Finance EXECUTIVE EDUCATION AND RESEARCH IN 2012-2013 ACCOUNTING & FINANCE Yes, I wish to apply for the following programme(s): Financial Management for Non-Financial Managers Valuation of Companies Understanding Annual Reports Executive Master Class in Controllership Mastering Costs and Budgets Executive Master Class in Corporate Finance Fundamentals of Financial Management Executive Master Class in Financial Analysis Strategic Cost Management and Asset Management ENGLISH In addition, I wish to receive more information on the management programmes of Vlerick Business School that I have ticked on the reverse side of this form. Name First name M F Function Company Company address N° bus Postal code City Country Telephone Fax E-mail Yes, I would like to stay up-to-date about the activities of Vlerick Business School via e-mail. No, I do not want to receive information about the activities of Vlerick Business School via e-mail. Home address N° bus Postal code City Country Home telephone Invoice to be addressed to: Name First name M F (Only fill the section below if different from company address above) Address N° bus Postal code City Country VAT n° I am paying member of Vlerick Alumni and enjoy a 10% reduction on this programme Date - - Signature Please return this form BY FAX OR POST to: Vlerick Business School, attn. Vincent Bagué, Your contact details will be stored in a database of Vlerick Business School for Reep 1, 9000 Ghent, Belgium, fax + 32 9 210 97 28 the purpose of keeping you updated on our activities. Pursuant to the Belgian vincent.bague@vlerick.com Law on privacy (Wet tot bescherming van de persoonlijke levenssfeer ten opzichte van de verwerking van persoonsgegevens) of 8 December 1992 you You can also apply online at are entitled to inspection and correction of data related to you as kept by www.vlerick.com/accounting-finance Vlerick Business School.
  • 5. THE Programmes of vlerick BUSINESS school I would like to receive information on the following programmes (please tick). Please return your contacting details to us by fax, e-mail or post. General Management Operations & Supply Chain Management Advanced Management Programme E Project Management D International Management Programme E Purchasing Management E Middle Management Programme D Operational Excellence E Young Management Programme D & E Executive Master Class in Supply Chain Management E Accounting & Financial Management Entrepreneurship Understanding Annual Reports D & E KMO Challenge D Mastering Costs and Budgets D & E KMO Excellence D Fundamentals of Financial Management D & E Entrepreneurship for Managers D Strategic Cost Management E Valuation of Companies E People Management & Leadership Executive Master Class in Controllership E The People Manager D Executive Master Class in Corporate Finance E Executive Decision Making D Executive Master Class in Financial Analysis How to Improve Your Emotional Intelligence D and Asset Management E Inspiring for Change D Negotiating to Create Value D & E Human Resource Management Self-mastery D HRM with Impact D Bestsellers read for you D Compensation & Benefits D Executive Master Class in Human Resource Management D Strategy Strategy in Action E ICT & Business Process Management ICT-Management D Executive Master Classes Business Process Management Workshop D & E Executive Master Class in B-to-B Marketing and Sales E Excellence in Business Process Improvement E Executive Master Class in Business Process Management E Executive Master Class in Business Process Management E Executive Master Class in Controllership E Business Intelligence Workshop E Executive Master Class in Corporate Finance E Executive Master Class in Financial Analysis Innovation Management and Asset Management E Strategising for Innovation E Executive Master Class in Human Resource Management D Entrepreneurial Innovation E Executive Master Class in Innovation & Entrepreneurship E Corporate Innovation Management E Executive Master Class in Supply Chain Management E Executive Master Class in Innovation & Entrepreneurship E MBAs Marketing & Sales Full-time MBA E Introduction to Marketing Management D Executive MBA E Retail & Trade Marketing D Executive MBA in Financial Services & Insurance E Brand Management & Communication D Product Management D Masters Strategic Business-to-Business Marketing D Masters in Financial Management E Executive Master Class in B2B Marketing and Sales E Masters in General Management E Masters in Marketing Management E D Programme in Dutch E Programme in English More information on www.vlerick.com