Overview

Malaysian Export Academy Presents

Costing Techniques and Pricing Decisions

5 & 6 November 2025, Wednesday – Thursday | 9.00 am – 5.00 pm | Empire Hotel Subang

[HRD Corp Claimable Courses]

Introduction

Every company’s survival and growth depend on proper cost estimation and accurate product or service pricing. Cost-conscious executives, project managers, estimators, and planners must continuously enhance their cost estimation capabilities to remain competitive and financially sound.

This seminar illustrates how to develop cost structures and apply them not only for internal estimation but also for analyzing competitors’ bid prices. Participants will explore various costing methods, understand their advantages and limitations, and learn a customizable cost estimation methodology suited to their organizational needs.

Objectives

Upon completion of the seminar, participants will be able to:

• Describe costs by classification.
• Identify appropriate cost elements.
• Understand the role of management accounting within an organization and its importance in decision making.
• Apply management accounting principles in planning, monitoring, pricing, and decision-making to minimize organizational risk.

Who Should Attend

Cost and Accounts Executives, Managers, Directors, Planners, and Analysts.

Course Outline

1. Role of management and function
2. Cost data and information for decision making
3. Cost behavior
4. Absorption costing
5. Overhead allocation, apportionment, and absorption
6. Product cost (pricing) based on absorption costing
7. Activity Based Costing (ABC)
8. Product cost (pricing) based on ABC
9. Marginal costing
10. CVP analysis
11. Other costing techniques (Job, Batch, Contract, Service, Process)
12. Forecasting
13. Budgetary process
14. Standard costing
15. Variance analysis

Training Methodology

PowerPoint presentations, group discussions, and real-world case studies to enhance understanding and application.

CERTIFICATE OF PARTICIPATION

Participation Fee

RM2,160.00 per person (2-day course) – Inclusive of lunch, tea breaks, course notes, certificate of participation, and 6% SST.

HRD Corp Claimable Course – refer to training brochure for claim details.