Advanced Cost Accounting WEBCAST

Overview

Organizations that use primitive costing methods make predictable mistakes. They allocate too much cost to easy, high-volume “gravy” products and too little cost to difficult, low-volume “dog” products. This puts the organization with inferior information at a significant disadvantage against a competitor who has a better cost model. The secret to having a great cost model is learning how to deal with overhead. This course will show you how to assign 16 key categories of overhead. Whether you work in a wholesale, retail, health care, service, or manufacturing business. This course will give you important insights into how to handle overhead. If you get your costing right, you will be able to give the “dogs” to your competitors and keep the “gravy” for yourself.

Highlights

Occupancy costs. Depreciation. Utilities. Supervision. Maintenance. Quality control. Material handling. Process engineering. Design engineering. Procurement. Human resources. Information systems. Selling costs. Accounting. Cost of money. Excess capacity.

Prerequisites

Cost accounting experience is helpful.

Designed For

Corporate financial professionals.

Objectives

Understand how to assign 16 major types of overhead.

Preparation

None.

Notice

None.