Is Activity-Based Costing the Right Tool for Your Organization? WEBCAST

Overview

This session provides a refresher regarding the fundamentals of activity-based costing (ABC). We will examine theoretical concepts before exploring practical possibilities for implementing ABC. A major focus of the course will be factors to consider when determining whether this managerial accounting tool is an appropriate resource for an organization.

Highlights

ABC versus traditional costing. First-stage allocation. Determining predetermined overhead rates. Second-stage allocation. Activity-based reporting. Activity-based management.

Prerequisites

Basic working knowledge of financial statements and business processes.

Designed For

Accountants who have not recently considered ABC but want to revisit the cost-benefit prospects of ABC for potential utilization for their clients or their employing organization.

Objectives

Revisit the fundamental underpinnings of ABC. Understand what types of business entities may benefit from ABC. Appreciate potential benefits of ABC. Recognize limitations of ABC.

Preparation

None.

Notice

None.