Course not currently available

Activity Based Costing, Cost Management, Master Budgeting And Responsibility Accounting

Course

In Abuja, Nigeria ()

£ 3001-4000

Description

  • Type

    Course

  • Duration

    5 Days

Suitable for: This course is designed for: Chartered Accountants, Certified Accountants, Licensed Accountants, Cost Accountants, Management Accountants, Organisational Decision-makers, Inventory Managers, Quality Managers, pricing Specialists, balanced Scorecard Specialists, Etc.

About this course

Degree or Work Experience

Questions & Answers

Add your question

Our advisors and other users will be able to reply to you

Fill in your details to get a reply

We will only publish your name and question

Reviews

Subjects

  • Management
  • Budgeting
  • Accounting
  • IT
  • Accounting MBA
  • Accountants
  • IT Management
  • Activity-Based Costing (ABC)
  • Cost Management
  • Cost Planning
  • Cost Drivers

Teachers and trainers (1)

To Be  Assigned

To Be Assigned

Consultant, HRODC Postgraduate Training Institute

Course programme

Course Contents, Concepts and Issues

Activity Based-Costiing and Cost Management

  • Background
  • Broad Averaging
  • Over and Undercosting
  • Cross-subsidization
  • An Example: Plastim
  • Plastim and ABC Illustrated
  • Plastim and ABC Rate Calculation
  • Plastim and ABC Product Costs
  • Plastim: Simple and ABC Compared
  • Conclusions
  • A Cautionary Tale
  • Rationale for Selecting a More Refined Costing System
  • Cost Hierarchies
  • ABC vs. Simple Costing Schemes
  • Activity-Based Management

Master Budgetiing and Responsibility Accountiing

  • Budget Defined
  • The Ongoing Budget Process
  • Strategy, Planning, and Budgets, Illustrated
  • Advantages of Budgets
  • Components of Master Budgets
  • Basic Operating Budget Steps
  • Basic Financial Budget Steps
  • Sample Master Budget, Illustrated
  • Other Budgeting Issues
  • Sensitivity Analysis
  • Budgeting and the Organization: Responsibility Accounting
  • Types of Responsibility Centres
  • Budgets and Feedback
  • Controllability
  • Budgeting and Human Behaviour
  • Budgetary Slack

Activity Based Costing, Cost Management, Master Budgeting And Responsibility Accounting

£ 3001-4000