Management Training

Activity-Based Costing

Duration: 3 Days (10 am to 5 pm with one hour lunch break)

Cost: $ 1299 + GST

Course Outline

Today's business environment is much more competitive than yesterday's both nationally and internationally. Customers want high-quality products at low prices. Today's organizations must:

• Improve existing products or develop new products
• Increase productivity, reduce costs, and maintain competitive prices
• Support essential research and development activities
• Reduce distribution costs
• Eliminate unproductive activities
• Use techniques like just-in-time and TQM to stay abreast of competitors

Activity-Based Costing shows you how to assign activity costs to true performance measures. The bottom line is greater accuracy and greater control over all the factors that make up costs.

Topics covered:

• Cost Accounting for Control
• Activity Drivers, Profitability Maps, Continuous Improvement, and Cost Behavior
• Developing and Implementing an ABC Costing System
• Factors in Successful ABC Implementation
• ABC for Service Organizations
• ABC vs. the Theory of Constraints, Transfer Pricing, ERP, EVA, and Feature Costing
• Activity-Based Management and ABC