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Activity Based Costing, Cost Management, Master Budgeting And Responsibility Accounting
Course
In Abuja, Nigeria ()
Description
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Type
Course
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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
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
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