Activity-Based Costing: Is it Right for Your Organization?

Monday, December 05, 2022
Webcast or Webinar, Online
5:00 PM - 7:00 PM (opens at 4:30 PM) EST
2Credits
Accounting and Auditing

Registration is Closed

Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.

Members
$79.00 Regular Price
Non-Members
$109.00 Regular Price
Course Type: Webcast
Course Code: 22/CX32277
Level: Intermediate
Vendor: CPA Crossings, LLC
Field of Study: Accounting

Overview:

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.

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

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

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.

Prerequisties:

Basic working knowledge of financial statements and business processes
CPE sponsors

The Florida Institute of Certified Public Accountants (FICPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org