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Management Accounting and Activity Based Costing

Management Accounting and Activity Based Costing

ACCOUNTING, FINANCE AND BANKING


Management Accounting and Activity Based Costing

Introduction:

This course is introduced to you by the International Academy of Human Resources Development (IAHRD). Our courses are specially designed to meet your needs, explained to you by experts with a long experience in the field. Gaining knowledge in ABC is extremely important for organizations to allocate direct and indirect costs to costs objects.. This enables public and private organizations to identify with accuracy where the different components of costs are being deployed which resultantly helps them develop strategies and plans to optimize costs, improve product and service prices, and identify high cost products, services, suppliers and customers. This course will provide you with techniques to help you improve the quality of the decision-making process.

 

Objectives:

After attending this course, participants will be able to:

  1. Understand and implement Activity Based Costing in their organization.
  2. Develop Activity Based Costing structures.
  3. Manage costs and mapping of costs and activities to achieve cost optimization.
  4. Use Activity Based Costing to improve decision-making.

Content:

Module 1:

  1. What is Activity Based Costing
  2. The importance of Activity Based Costing.
  3. ABC vs. Traditional methods.
  4. How can Activity Based Costing fulfill the needs of different industries?

Module 2:

  1. ABC and operational decisions.
  2. ABC and cost models measurements.
  3. Effective approaches for cost evaluations.
  4. Cost and activities that need to be structured.

Module 3:

  1. Develop procedures for calculating and estimating costs
  2. Structuring Activity Based Costing to exhibit the effect of varied levels of activity
  3. Available resources and resource consuming activities.

Module 4:

  1. Pros and cons of inclusion of indirect and back office costs
  2. Non-value-added activities
  3. Controlling costs using cost management tools.
  4. Develop cost budget using Activity Based Costing

Module 5:

  1. Integration of Activity Based Costing into your standard costing and accounting systems
  2. Comparisons among various costing software
  3. Case study and recommendations.

Who Should Attend?

  1. All managers and departmental heads.
  2. Professionals involved in managing accounts.
  3. Personnel that are involved in providing products and services.
  4. Interested candidates.

 

Istanbul

# Price ($) From
d-m-Y
To Action
1 3,250 03-02-2019 07-02-2019 Enquire
Course Code:193
2 3,250 31-03-2019 04-04-2019 Enquire
Course Code:194
3 3,250 02-06-2019 06-06-2019 Enquire
Course Code:195
4 3,250 04-08-2019 08-08-2019 Enquire
Course Code:196
5 3,250 29-09-2019 03-10-2019 Enquire
Course Code:197
6 3,250 01-12-2019 05-12-2019 Enquire
Course Code:198

Kuala Lumpur

# Price ($) From
d-m-Y
To Action
1 2,950 28-01-2019 01-02-2019 Enquire
Course Code:451
2 2,950 25-03-2019 29-03-2019 Enquire
Course Code:452
3 2,950 27-05-2019 31-05-2019 Enquire
Course Code:453
4 2,950 22-07-2019 26-07-2019 Enquire
Course Code:454
5 2,950 23-09-2019 27-09-2019 Enquire
Course Code:455
6 2,950 25-11-2019 29-11-2019 Enquire
Course Code:456

London

# Price ($) From
d-m-Y
To Action
1 4,500 21-01-2019 25-01-2019 Enquire
Course Code:715
2 4,500 18-03-2019 22-03-2019 Enquire
Course Code:716
3 4,500 20-05-2019 24-05-2019 Enquire
Course Code:717
4 4,500 15-07-2019 19-07-2019 Enquire
Course Code:718
5 4,500 16-09-2019 20-09-2019 Enquire
Course Code:719
6 4,500 18-11-2019 22-11-2019 Enquire
Course Code:720

Amsterdam

# Price ($) From
d-m-Y
To Action
1 4,500 08-04-2019 12-04-2019 Enquire
Course Code:886
2 4,500 05-08-2019 09-08-2019 Enquire
Course Code:887
3 4,500 02-12-2019 06-12-2019 Enquire
Course Code:888

Athens

# Price ($) From
d-m-Y
To Action
1 4,500 01-04-2019 05-04-2019 Enquire
Course Code:1018
2 4,500 29-07-2019 02-08-2019 Enquire
Course Code:1019
3 4,500 25-11-2019 29-11-2019 Enquire
Course Code:1020

Barcelona

# Price ($) From
d-m-Y
To Action
1 4,500 25-03-2019 29-03-2019 Enquire
Course Code:1150
2 4,500 22-07-2019 26-07-2019 Enquire
Course Code:1151
3 4,500 18-11-2019 22-11-2019 Enquire
Course Code:1152

Copenhagen

# Price ($) From
d-m-Y
To Action
1 4,500 18-03-2019 22-03-2019 Enquire
Course Code:1282
2 4,500 15-07-2019 19-07-2019 Enquire
Course Code:1283
3 4,500 11-11-2019 15-11-2019 Enquire
Course Code:1284

Frankfurt

# Price ($) From
d-m-Y
To Action
1 4,500 11-03-2019 15-03-2019 Enquire
Course Code:1414
2 4,500 08-07-2019 12-07-2019 Enquire
Course Code:1415
3 4,500 04-11-2019 08-11-2019 Enquire
Course Code:1416

Madrid

# Price ($) From
d-m-Y
To Action
1 4,500 04-03-2019 08-03-2019 Enquire
Course Code:1546
2 4,500 01-07-2019 05-07-2019 Enquire
Course Code:1547
3 4,500 28-10-2019 01-11-2019 Enquire
Course Code:1548

Milan

# Price ($) From
d-m-Y
To Action
1 4,500 25-02-2019 01-03-2019 Enquire
Course Code:1678
2 4,500 24-06-2019 28-06-2019 Enquire
Course Code:1679
3 4,500 21-10-2019 25-10-2019 Enquire
Course Code:1680

Munich

# Price ($) From
d-m-Y
To Action
1 4,500 18-02-2019 22-02-2019 Enquire
Course Code:1810
2 4,500 17-06-2019 21-06-2019 Enquire
Course Code:1811
3 4,500 14-10-2019 18-10-2019 Enquire
Course Code:1812

Paris

# Price ($) From
d-m-Y
To Action
1 4,500 11-02-2019 15-02-2019 Enquire
Course Code:1942
2 4,500 10-06-2019 14-06-2019 Enquire
Course Code:1943
3 4,500 07-10-2019 11-10-2019 Enquire
Course Code:1944

Stockholm

# Price ($) From
d-m-Y
To Action
1 4,500 04-02-2019 08-02-2019 Enquire
Course Code:2074
2 4,500 03-06-2019 07-06-2019 Enquire
Course Code:2075
3 4,500 30-09-2019 04-10-2019 Enquire
Course Code:2076

Vienna

# Price ($) From
d-m-Y
To Action
1 4,500 28-01-2019 01-02-2019 Enquire
Course Code:2206
2 4,500 27-05-2019 31-05-2019 Enquire
Course Code:2207
3 4,500 23-09-2019 27-09-2019 Enquire
Course Code:2208

Zurich

# Price ($) From
d-m-Y
To Action
1 4,500 21-01-2019 25-01-2019 Enquire
Course Code:2338
2 4,500 20-05-2019 24-05-2019 Enquire
Course Code:2339
3 4,500 16-09-2019 20-09-2019 Enquire
Course Code:2340