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.
Learning Objectives
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
Major Topics
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
