World-Class Cost Accounting: A Practical Application (Part 1)

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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
    • A background in accounting or bookkeeping is sufficient.

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

Description

Add an invaluable skill set to your career. Showcasing a comprehensive cost accounting system of an actual company. Precisely identify direct costs for individual products and services. How to link direct costs with other direct costs. Identify certain fluctuating variable and semi-fixed costs that are, in fact, direct costs. Budgeting techniques for setting accurate standard costs and guidelines for revising standards during the year.



  • Presented by Jonathan Robinson

    • Delivery Format: Live Webcast Replay

    Designed For

    CPAs, Controllers, Accounting Managers, and Cost Accountants

    Objectives

    • How to pinpoint all direct costs
    • Definitions for true variable, fluctuating variable, and semi-fixed costs
    • Gain a price-setting advantage in an ever-increasing competitive marketplace

    Highlights

    • Beginning and intermediate cost principles automatically included 
    • Covers manufacturing materials, labor, period mfg inefficiencies
    • How to efficiently trace the above costs to products
    • Substantially reduce manufacturing overhead allocation by 60% or more
    • ABC analysis is embedded in the MFG cost system without the need for a separate ABC implementation project

    Advanced Prep

    None

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    Leaders

    ACPEN Panel

    No Biography Available

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