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Activity-Based Costing

Course Outline

Today's business environment is much more competitive than yesterday's both nationally and internationally. Customers want high-quality products at low prices. Today's organizations must:

  • Improve existing products or develop new products
  • Increase productivity, reduce costs, and maintain competitive prices
  • Support essential research and development activities
  • Reduce distribution costs
  • Eliminate unproductive activities
  • Use techniques like just-in-time and TQM to stay abreast of competitors

Activity-Based Costing shows you how to assign activity costs to true performance measures. The bottom line is greater accuracy and greater control over all the factors that make up costs.

Topics covered:

  • Cost Accounting for Control
  • Activity Drivers, Profitability Maps, Continuous Improvement, and Cost Behavior
  • Developing and Implementing an ABC Costing System
  • Factors in Successful ABC Implementation
  • ABC for Service Organizations
  • ABC vs. the Theory of Constraints, Transfer Pricing, ERP, EVA, and Feature Costing
  • Activity-Based Management and ABC

Course Objective: Understand the underlying framework of ABC and its relationship to traditional accounting

Available Formats for Employees and Managers

At our training centre in downtown Toronto, 10.00AM to 5.00PM with one hour lunch break.

$2499 + GST per participant for a three day workshop,

We offer a 10% discount for each additional participant

For Soft Skill Workshops outside the GTA, please contact us at 647-271-3330 or e-mail your request to support@train4career.net for pricing giving information like number of participants, convenient dates etc.

 

 

 

 

 

 

 

 

 

 

 

 

 

Management Training workshops Toronto/Financial Costing Workshop Toronto