2024 Is Activity-Based Costing the Right Tool for Your Organization?
Friday, November 22, 2024
Webcast or Webinar, Online
5:00 PM - 7:00 PM (opens at 4:30 PM) EST
2Credits
Accounting and Auditing
Registration is Open
Members
$79.00 Regular Price
Non-Members
$109.00 Regular Price
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Course Type: Webcast
Course Code: 24/AC103068
Level: Intermediate
Vendor: ACPEN
Field of Study: Accounting
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.
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
Major Topics:
- ABC versus traditional costing
- First-stage allocation
- Determining predetermined overhead rates
- Second-stage allocation
- Activity-based reporting
Major Topics:
- ABC versus traditional costing
- First-stage allocation
- Determining predetermined overhead rates
- Second-stage allocation
- Activity-based reporting