Activity-Based Costing: Is it Right for Your Organization?
Course Code:
CHCHABC2
Program Level:
Intermediate
Description:
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. Program Content:
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event. Program Content:
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
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