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Thursday, June 1, 2023 Live Webcast

Activity-Based Costing: Is it Right for Your Organization? (X2-34670)

11:30 AM - 1:30 PM EDT
webcast

Vendor Platform

2 CPE Credits in AA

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. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

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.

BENEFITS

After attending this session, you will be able to...

  • 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

HIGHLIGHTS

The major topics covered in this course include:

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

COURSE LEVEL

Intermediate

PREREQUISITES

Basic working knowledge of financial statements and business processes

ADVANCE PREPARATION

None

INSTRUCTOR

Chris Harper

Chris Harper, CPA, M.B.A.