2024 Is Activity-Based Costing the Right Tool for Your Organization?

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  • Location
    • Your Computer
      Your Space
      ISCPA / ACPEN Webinar, ID 00000
  • Credits
    • 4.00
  • Credit Type(s)
    • Personal Development (4.00)
  • Prerequisites
    • Basic working knowledge of financial statements and business processes

  • Vendor
    • ACPEN
  • Level
    • Basic
  • Fields of Study
    • Personal Development
  • Message
    • Virtual Experience

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.



  • Presented by Jonathan Robinson

    • Delivery Format: Live Webcast Replay

    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

    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

    Advanced Prep

    None

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    Leaders

    ACPEN Panel

    No Biography Available

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