Costing and Pricing

Topics covered

• National Competition Policy and competitive neutrality
• Corporatisation, commercialisation and full cost pricing
• The building blocks approach to costing and pricing
• Asset valuation, depreciation issues and capex
• The cost of capital with and without tax
• Return on capital and return of capital
• Prudent and efficient operating costs
• Examples and case studies

Who should attend?

The workshop is designed to assist those responsible for decision making on service provision, including directors, chief executive officers, finance and treasury managers, and professional officers. No knowledge of the topics is assumed; participants with prior experience may find the workshop useful to refresh and extend their knowledge.

The QTC Education Program is only available to Queensland Public Sector Employees (this includes employees of the Queensland Government, Queensland government departments, local governments, statutory corporations, and other entities to the extent they have an association or are related to the State of Queensland) and QTC employees. By registering for a workshop or webinar, you acknowledge that you are a Queensland Public Sector Employee. QTC/UQ reserves the right to unenroll any person that is not a Queensland Public Sector Employee or QTC employee from any workshop or webinar in the Education Program. If you are unenrolled from a workshop or webinar you will be entitled to receive a full refund of any workshop fees paid.

Outcomes

At the completion of the workshop participants will be able to understand:

• the costing and pricing framework and process, and
• that the full cost of service provision is essential for both compliance and better decision making.

In addition, participants will be able to:

• apply the building blocks process to full cost pricing
• develop the inputs required for full cost pricing, and
• justify and use the costing output to inform better decision making.

Practical exercises

Participants will work on applying the costing principles to realistic service provision examples. A case study will provide a valuable insight into why and how the costing framework informs better decision making.

Download workshop brochure

Continuing professional development

Completion of QTC Education Program workshops may be recognised for the purpose of continuing professional development hours for members of the Australian Institute of Company Directors (AICD), CPA Australia, Chartered Accountants Australia and New Zealand (CA), Financial Services Institute of Australasia (FINSIA), Governance Institute of Australia, and other professional bodies and associations.