Cost controlling is one of the oldest disciplines in business administration, but in financial institutions it tends to play only a minor role. Costs are “just there”, i.e. they are not very variable, can rarely be influenced and are difficult to allocate. Controllers have therefore preferred to focus on revenue controlling, as it promised more momentum.

This attitude has come under pressure from both a business and supervisory perspective, which is why the topic should no longer be neglected. Issues of cost allocation, but also of unit costs and an orderly controlling system are becoming more and more important in evaluating business areas and individual transactions and are also increasingly in the focus of regulatory audits.

In our “Cost Controlling 2.0” seminar, we provide you with a concise overview of what you need to know about cost controlling and management in financial institutions today. Based on best practices and insights into supervisory findings you will see how the tools of cost controlling can be successfully applied, even if this does not always correspond to “pure doctrine”. For instance, tried and tested approaches relating to cost allocation, unit costs, P&L conformity or cost-oriented price limits will be discussed. Using case studies and interactive discussion formats, you will join in developing the “right” approach and evaluating the suitability of practical integration methods.