Standards – Easy as ABC!
Activity-based costing (ABC) provides a more accurate method of product/service costing, leading to more accurate pricing decisions. It increases your understanding of overheads and cost drivers; and makes costly and non-value adding activities more visible, allowing managers to reduce or eliminate them.
Acquire new skills to demonstrate your proficiency:
Standard costs
Variance analysis.
Overhead costs.
Gain practical experience:
The exercises use real-world examples and are designed to equip you with the skills to apply advanced costing strategies. Acquire a deeper understanding of the strategic importance of the costing analysis and finance business partnering role.
This is a standalone course but if you’re interested in more of this type of learning while earning a designation, explore the CGMA® Finance Leadership Program.
Apply standard costing and variance analysis to assess performance against budget.
Determine appropriate cost inputs for activity-based costing (ABC) to assess how it could help management improve profitability.
Standard costing and variance analysis
Activity based costing (ABC)
Introduction to Cost Accounting
Global accounting and finance professionals
Management accounting professionals
CPAs in public practice with manufacturing clients
Supply chain professionals