Costing Analysis
Available Anytime
Location:
Online
1Credits
Technical Business
Registration is Open
FICPA Members
Nonmembers
$79.00 Regular Price
Product Code: AI23-FLP21_MAA6
Level: Intermediate
Vendor: AICPA CPE Division
Field of Study: Business Management & Organization
Overview:
Standards - Easy as ABC!
Activity-based costing (ABC) provides a more accurate method of product/service costing, leading to more accurate pricing decisions. It increases your understanding of overheads and cost drivers; and makes costly and non-value adding activities more visible, allowing managers to reduce or eliminate them.
Acquire new skills to demonstrate your proficiency:
- Standard costs
- Variance analysis.
- Overhead costs.
Gain practical experience:
The exercises use real-world examples and are designed to equip you with the skills to apply advanced costing strategies. Acquire a deeper understanding of the strategic importance of the costing analysis and finance business partnering role.
This is a standalone course but if you're interested in more of this type of learning while earning a designation, explore the CGMAr Finance Leadership Program.
Objectives:
Learning Outcomes
- Apply standard costing and variance analysis to assess performance against budget.
- Determine appropriate cost inputs for activity-based costing (ABC) to assess how it could help management improve profitability.
Major Topics:
Key Topics
- Standard costing and variance analysis
- Activity based costing (ABC)
Designed For:
Who Will Benefit
- Global accounting and finance professionals
- Management accounting professionals
- CPAs in public practice with manufacturing clients
- Supply chain professionals