Cost Optimisation and Unlocking Business Performance

(2 reviews)

by Carol Baker

Cost optimisation is essential for growth, but success depends on knowing where to focus. As an accountant, you can play a key role in developing an effective and sustainable cash transformation strategy.

price £100+vat
cpd hours 4 CPD hours
access 120 days' access

Use AAT101 for 10% off any purchase.

This course will enable you to

  • Explain why short-term cost-cutting often harms long-term growth
  • Make cost optimisation an ongoing, collaborative effort across the business
  • Align cost decisions with strategy, customer needs, and financial visibility
  • Understand the role of cost discipline and resilience in navigating change
  • Recognise how employee performance and ethical choices impact cost outcomes

About the course

Cost optimisation is no longer just a response to pressure, it is a strategic tool to fund growth and a competitive necessity. But success depends on knowing where optimisation will be most effective. In a rapidly changing world, cost transformation must be dynamic, embedding a culture of discipline for a sustainable future. Accountants have a key role in shaping an effective and sustainable cash transformation strategy.

This course explores the practical realities of building an organisation-wide cost transformation strategy. It examines common pitfalls, how to engage internal teams in the cost agenda, and how to drive value through supplier relationships. You'll explore smarter approaches to cost-cutting, and how to align optimisation with business operations.

You’ll discover how technology can enhance customer experience, reduce costs, and deliver greater sustainability in cost transformation. The course also considers the accountant’s ethical responsibilities, and how integrity and good judgement can guide businesses through cost transformation with confidence.

Look inside

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Contents

  • Cost optimisation and accountancy
    • What is cost optimisation?
    • Cutting indirect costs
    • When inflation challenges business revenue
    • Avoiding cost fatigue
    • A balanced approach
  • Developing a fresh approach
    • Prepare for anything
    • Strategic cost optimisation
    • The importance of planning
    • Reviewing supplier contracts
    • The importance of dynamic cash forecasting
  • Wealth from innovation
    • Innovate to create wealth
    • Revenue from innovation
    • Building operational resilience
    • Performance from purpose
    • Pricing optimisation
  • Sustainably transforming costs
    • Creating cost discipline
    • Managing liquidity
    • The role of digital tools
    • The growing cost of data
  • Nurturing business performance
    • Changing habitual behaviour
    • Risk and reward
    • Spotlight on corporate culture
    • Optimising business operations
  • Looking ahead
    • Turbulent times
    • Unethical choices and sustainability
    • The cost of conflict
    • The rise of social value

How it works

Author

Carol Baker

Carol Baker is Editor-in-Chief at Credit Control Journal and Asset & Risk Review, IT for CEOs & CFOs, and Property Finance & Lifestyle. Carol has been a journalist for a number of years including for ICAEW, the Financial Times, and the Guardian and often works alongside others to uncover corporate financial frauds.

Reviews

4.5
(2 reviews)
5
4
3
2
1
 
 
 
 
    JL
    Jacob L
    28 Jun 2025
    28 Jun 2025
    skip
    LH
    Lydia H
    12 Jun 2025
    12 Jun 2025
    Interesting course that looks at not just the tangible aspects of cost optimisation but the intangible aspects of it as well.
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Access to this course
Total CPD unitshourshours4 unitshourshours21 units20 hours21 hours1,500+ unitshourshours1,500+ unitshourshours
Access period120 days120 days12 months12+ months
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Immediate access to our entire CPD catalogue
Monthly webinars, 15-minute CPD Bites, video interviews with industry leaders, and more!
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