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.
Prerequisites
Basic working knowledge of financial statements and business processes
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
Highlights
- ABC versus traditional costing
- First-stage allocation
- Determining predetermined overhead rates
- Second-stage allocation
- Activity-based reporting
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2
CPE Credits
Accounting: 2 Credits
Registration
Online registration for this course is currently closed. To register for this course, please call us at (800) 292-1754.
