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Activity-Based Costing: Seminar and Training
2-day class includes seminar and practical training

Overview

This two-day course introduces and shows how to apply Activity-Based Costing (ABC) principles and practices toward a company’s operations and profits. Participants will be presented with methods for implementing ABC tools and best practices for evolving the company’s infrastructure and proponents into an optimized business system. Various software applications are introduced and offer a selection of customized applicability and techniques, to cater to every business type.

Topics Include:

  1. ABC standards
  2. Selecting ABC software tools
  3. Evaluating organizational components for cost valuation and profit impact
  4. Examining company "Best Practices"
  5. Applying techniques for desired results
  6. Maintaining and evaluating the ABC systems

Agenda:

Introduction to Activity-Based Costing

  1. ABC defined
  2. Case Studies
  3. Characteristics of effective ABC implementations
  4. Suitable ABC methodology
  5. Applying ABC to small and large sized companies

Activity-Based Pricing

  1. Introduction to Activity-Based Pricing
  2. Applying Activity-Based Pricing

Activity-Based Management

  1. Introduction to Activity-Based Management
  2. Applying Activity-Based Management

Selecting ABC Software

  1. Evaluating products
  2. Achieving desired ABC results

ABC Design - Best Practices

  1. Collective company best practices
  2. Avoiding Pitfalls and Obstacles in ABC implementation
  3. How to Sustain profitability with ABC
  4. Validating solutions

Maintaining ABC practices

  • Training the staff
  • Maintaining a data warehouse
  • Monitoring for Variance

Evaluating ABC Impacts

  • Quantifying Results
  • Customer Relationships and Company Revenues
  • Benchmarking Profitability

All other dates & locations: Class begins at 9:00 AM and ends at 4:00 PM—on each day.

Dress is business casual.

Registration Fees

The per attendee registration fee for this seminar is $1,395, and includes the seminar and course materials.

Payment is due prior to the seminar. Credit card holds will be required for participation. The credit card will only be processed if payment has not been received within two weeks following the seminar.

Cancellation Policy. Registrants may cancel up to fourteen days in advance of the seminar start date for a full refund, less administrative fees of $400. Or, you may transfer your registration to another member of your company at no additional charge. Registrants canceling within fourteen days of the seminar will receive credit, less administrative fees of $400, toward any other Universalinet seminar. In the unlikely event that a seminar must be cancelled, you will be notified at least one week prior to the seminar date. Seminar provider is not responsible for losses due to cancellation including losses on advanced purchase airfares.

Seminar agenda subject to change.



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